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Farmer-led wetland mitigation bank offers an NRCS compliance route for producers
Summary
North Dakota Ag Mitigation (NDAM) described a farmer-managed NRCS wetland mitigation bank that issues acre credits to allow producers to remain eligible for USDA programs while restoring/enhancing wetland sites; presenters said two bank sites produced ~38.8 credits to date and average sales were just under $14,000 per credit.
Representatives of North Dakota Ag Mitigation (NDAM) told the committee they launched a farmer-led NRCS wetland mitigation bank in 2021 to give producers an option to stay eligible for USDA farm programs when wetlands are affected by drainage.
Matt Perdue (NDAM treasurer) described NDAM as a nonprofit that runs a farmer-to-farmer market: landowners host and restore wetland bank sites and buyers (producers who…
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