Cover Crop Data Collection to Provide Benchmarks and Indicate Profitability

A new program seeks to answer the economic questions farmers have about cover crops and provide benchmarking data for farmers using or considering planting cover crops. According to a press release, Environmental Defense Fund and the University of Minnesota’s Center for Farm Financial Management have partnered to establish a new financial data gathering process for cover crops within the FINBIN database—the largest publicly available farm financial database and benchmarking service in the country. Enterprise-level farm financial data will be gathered in the FINBIN database and analyzed to compare the relative profitability of farms using cover crops to the farms not using cover crops.