The Environmental Protection Agency's proposal to retain carbon in the soil through pasture, forestation or other means of reducing crop production would take about 50 million acres out of production, according to Stu Ellis, editor of the farm gate blog. Check out the latest post here.
To achieve that goal, which is more than the Conservation Reserve, it would require land payments equal to cash rental rates. With crop prices edging higher over time, such rental rates would have to rise as well, but would farm operators be in favor, he asks.
Livestock producers would be opposed because of the increased cost of feed, and crop producers would also be opposed because of the loss of ability to farm for increased profitability, he says.
Source: the farm gate