Indigo forecasts end of season U.S. production at 12.5B bushels for corn and 3.4B bushels for soybeans. These estimates are based on yield estimates of 159.4 bu/ac for corn and 45.2 bu/ac for soybeans, and area planted estimates of 86.2M acres for corn and 75.7M acres for soybeans. As with all previous forecasts, these agricultural insights are powered by Atlas, Indigo’s ag intelligence technology Boston, Massachusetts, September 12, 2019 – Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, updates its corn and soybean production forecasts ahead of the USDA’s September World Agricultural Supply and Demand Estimates (WASDE). Since its August report, Indigo’s corn production forecast has increased 4.2% to 12.5B bushels, while its soybean production forecast has fallen 8.0% to 3.4B bushels.
Indigo Ag Inc., a Boston- based company specializing in agricultural technology and management, is setting up a market for carbon credits. Companies and consumers with voluntary or compulsory commitments to reduce their carbon footprint can, rather than reduce emissions themselves, pay farmers to do it for them. Via the Indigo Carbon marketplace, they can pay farmers like Mr. Hora $15 to sequester one metric ton of carbon dioxide in the soil.
In this Financial Times podcast, you’ll learn about how Indigo uses what we’ve learned about the soil microbiome and its effect on crop health to help growers increase yield, boost nutrient content, and bolster farm profitability. Hear Indigo co-founder and chief innovation officer, Geoffrey von Maltzahn, and Indigo farmer, Ben Riensche, owner of Blue Diamond Farming Company, share the results of our partnership with Financial Times reporter, Emiko Terazono on the Behind the Money podcast.
Modern Farmer recently spoke with Indigo Ag CEO David Perry about how the Terraton Initiative works, and how he intends to overcome the obstacles that brought down other farm-based carbon trading platforms.
The Terraton Initiative embodies one specific goal—to remove 1 trillion metric tons of carbon from Earth’s atmosphere. Indigo Agriculture, an agricultural technology company based in Massachusetts, founded and runs the project. To accomplish this goal, the Initiative aims to use “the awesome potential of the soil beneath our feet to absorb one trillion tons of atmospheric carbon,” says David Perry, CEO and Director of Indigo Agriculture.