U.S. farmers make their living raising crops from the soil each year. Now, some are getting paid for putting something back into their fields: carbon.
Big agriculture companies including Bayer AG , Nutrien Ltd. and Cargill Inc. are jockeying with startups to encourage crop producers to adopt climate-friendly practices and develop farming-driven carbon markets. Those efforts would let retailers, food makers and other companies offset their greenhouse gas emissions by paying farmers for their fields’ capacity to withdraw carbon dioxide from the atmosphere and trap it in the soil.
