Bayer Carbon Program: ForGround by Bayer

ForGround launched in August 2022

AL, AR, IL, IN, IA, KS, KY, LA, MI, MN, MS, MO, NE, OH, TN, WI

• Cover Crops

• Reduced- or No-Till

New eligible practices adopted continuously since Oct. 1st, 2020 are eligible for up to 2 years of historical payback in addition to the current year payment.

Payments are issued after farmer completes necessary documentation and Bayer can verify that the practices took place. For practices completed in Fall 2022/Spring 2023, payments should be expected within 30 days of completing practice verification, estimated to be Q4 of 2023.

$5-6 per acre for reduced tillage (strip-till or no-till), $6 per acre for cover crop adoption (only available in some states)

Growers can participate in state and federal programs if they do not generate greenhouse gas reduction assets.

Offset

10 year enrollment (minus 1 year if farmer was paid for historical practices) + additional 10 year retention of practices.

During enrollment, growers share their fields via Climate FieldView and select which practices are used and when they were adopted. 3 years historical data is required.

Customer Success team available to answer questions via carbonprogram@bayer.com or 833-877-7934

Participants receive year-round support from agronomists to help reduce risk and improve practices, gain access to a library of resources with the latest industry research and insights, and receive discounts on a variety of inputs and tools.

Bayer

Soil sampling every 5 years, with carbon sequestration modeled on a yearly basis via external peer-reviewed models. Payment is on a per acre basis vs. tones sequestered.

Growers provide historical farm management data through Climate FieldView (R) and field photos of practices implemented.

Payment would not be made for years when practices were not implemented; payments resume upon practice verification.