Source: Chuck Abbott, SUCCESSFUL FARMING, 7/7/21


The relative handful of farmers who have signed carbon sequestration contracts is half the size of the group that has leased land for solar electricity production, said Purdue University on Tuesday. Solar leases, which may exceed $1,000 an acre annually, are more lucrative than the rates offered for carbon capture. In its monthly Ag Economy Barometer, Purdue economists said 2.6 percent of farmers in its poll indicated they had signed a solar lease on some of their farmland.

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