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Landus Creates New Premium Opportunities with Clean Fuel Regulation Initiative
Prnewswireยท 2025-07-15 12:10
Core Insights - Iowa farmers are presented with a new market opportunity for their 2025 soybean crop through Landus' expansion of the Clean Fuel Regulation (CFR) initiative, which is expected to increase Canada's demand for liquid biofuel [1][5] - The initiative is in collaboration with Verity, a digital platform that tracks and validates sustainability attributes, including carbon data [1][11] Group 1: Market Opportunities - Landus' facility in Ralston, Iowa, is now producing soy oil that qualifies for premium clean fuel markets under the new CFR guidelines [2][3] - The opportunity has generated approximately $750,000 in additional premiums for participants on their 2024 crop, with distribution of these premiums expected after the fiscal year [3][5] - Enrollment for the 2025 soybean crop opens in August, requiring farmers to complete a short harvester declaration and submit chain-of-custody documentation [4][5] Group 2: Financial Incentives - Landus anticipates quadrupling premiums by this time next year, benefiting more Iowa farmers [5] - In 2025, Landus generated nearly $2 million in additional premiums by enrolling the 2024 crop in sustainability programs [5] - The Carbon Intensity Supply Chain Program has paid $420,000 to over 40 farmers for their participation, rewarding them for transparency and regenerative practices [6] - The Carbon Ready Program has paid more than $670,000 to over 40 farmers, with average payments of $20.08 per acre, and is expected to double in scale for the 2025 crop year [7] Group 3: Sustainability Initiatives - The CFR initiative is part of Landus' broader strategy to help farmers profit from regenerative practices [5][6] - The data-driven approach of the Carbon Intensity Program differentiates farmers' products in the marketplace, rewarding them for sustainable practices [6] - Landus emphasizes the importance of collective participation among farmers to enhance farm profitability and sustainable agriculture [5]