Financial Innovations to Accelerate Sustainable Agriculture
Field to Market has been partnering with organizations to better understand farmers’ perspectives to implementing sustainable and regenerative agriculture. In the 2021 State of Sustainable Ag Report, Field to Market and Trust in Food partnered together to better understand farmers’ perceptions of sustainability and extent of conservation adoption, synthesizing responses from more than 500 farmers across the country. Key findings revealed that 74% of farmers felt they should receive monetary incentives for utilizing certain practices that benefit the public good and only 15% of farmers have received better market access or additional revenue due to implementing conservation practices.
These findings highlight the importance of strengthening the farmer business case for adopting conservation systems and the critical need for deeper collaboration with consumers and the broader industry to more fairly share in the short-term risk and up-front cost of transitioning to these practices. As an industry, we must move beyond solutions that work for early adopters to consider the broader needs of the majority of producers who will always approach on-farm management changes through the lens of financial fundamentals and mitigating risks.
In 2022, Field to Market released a report, Financial Innovations to Accelerate Sustainable Agriculture: Blueprints for the Value Chain, addressing this issue and providing 12 tangible blueprints and case studies for value chain actors to follow as they seek to catalyze lasting and systemic change in U.S. Agriculture. In this session, attendees will learn about the 12 blueprints that their company can use to harness innovative financial incentives to accelerate sustainable outcomes.
About the Session
Field to Market has been partnering with organizations to better understand farmers’ perspectives to implementing sustainable and regenerative agriculture. In the 2021 State of Sustainable Ag Report, Field to Market and Trust in Food partnered together to better understand farmers’ perceptions of sustainability and extent of conservation adoption, synthesizing responses from more than 500 farmers across the country. Key findings revealed that 74% of farmers felt they should receive monetary incentives for utilizing certain practices that benefit the public good and only 15% of farmers have received better market access or additional revenue due to implementing conservation practices.
These findings highlight the importance of strengthening the farmer business case for adopting conservation systems and the critical need for deeper collaboration with consumers and the broader industry to more fairly share in the short-term risk and up-front cost of transitioning to these practices. As an industry, we must move beyond solutions that work for early adopters to consider the broader needs of the majority of producers who will always approach on-farm management changes through the lens of financial fundamentals and mitigating risks.
In 2022, Field to Market released a report, Financial Innovations to Accelerate Sustainable Agriculture: Blueprints for the Value Chain, addressing this issue and providing 12 tangible blueprints and case studies for value chain actors to follow as they seek to catalyze lasting and systemic change in U.S. Agriculture. In this session, attendees will learn about the 12 blueprints that their company can use to harness innovative financial incentives to accelerate sustainable outcomes.
The Future of Food Production Summit!
