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One way to reduce agricultural chemicals is planting cover crops in the Fall after the cashcrop is harvested. Winter cover crops could mean using less fertilizer and herbicide in the Spring. For every acre planted in winter cover, the conservation district would pay the farmers $50.
Kiersten Stead, Managing Partner, DCVC BIO: “ Farmers don’t like “paying by acre”, incentives are perverse. Let’s stop trying to force agtech companies and investments to fit the Silicon Valley mold, and instead let’s leverage innovative financing to resource solutions for agriculture.
A bad or failed crop could end the operation. He recounted the innumerable ways his 1,500 acres of tobacco, spread over several counties around Wilson, the historic center of the flue-cured tobacco industry in North Carolina, might lose money if he’s not careful. Photo by John West. Photo by John West.
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