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Cover Crop ROI & All That Matters

Crunching the Numbers Via Biological Bookkeeping

By Mike Seifert
July 27, 2022

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Note: Earlier this summer, Land Stewardship Project soil health organizer Alex Romano reached out to one of our soil health steering committee members, Mike Seifert, who farms near Jordan, Minn., with his wife, Dana, and father, Big Mike, to ask for his thoughts on “return on investment” from cover crops. She wanted to know his approach to and considerations regarding those calculations when making decisions about cover cropping strategies. He was happy to respond to her question. But he found that as he sat down to consider the question and write about it, thoughts that emerged brought up deeper, heart-level questions for him. These are issues that farmers and non-farmers alike grapple with, but that can be difficult to verbalize, let alone wrap our heads around. Members of LSP’s soil health team were moved by the perspectives and deeper questions that Mike outlined with such clarity and thoughtfulness. So, with his permission, we’re offering up the farmer’s response to the “ROI” question:

Mike Seifert seeding cover crops on his farm near Jordan, Minn.

Oh boy, that’s a big, open-ended question. When I saw your e-mail come in a couple of days ago I said to myself, “I’m going to have to sit down in the office to answer this one.” So I hope you don’t mind if I riff on it for a while over my morning coffee, and try to outline the multiple perspectives I have on return on investment and cover crops.

So, when I hear the term “return on investment,” my first reaction is a financial one, since that term is rooted in matters of finance. As such, let’s tackle that aspect of the term first.

From a farm bookkeeping perspective, cover crops are an added expense, and the financial benefit we as farmers get from using cover crops is this amorphous thing that’s hard to pin down. All of the physical benefits from cover crops — improved soil structure, nutrient cycling, feeding the soil biological community, reduced erosion, armoring the soil surface, potential feed for livestock, alleviating compaction, adding organic matter, and on and on — are wonderful, desirable enhancements, but they’re really hard to quantify and translate to financial numbers, and a lot of them are cumulative over several years. I suspect some benefits are even exponential — that is, once you get your soil on a healthy path to recovery and practice careful management, the feedback loop will become positive and actually accelerate until the soil environment achieves a more natural balance.

But how do you put a dollar sign on any of that? It’s absolutely nothing like traditional agronomy, which loves easy charts and figures. Two hundred units of nitrogen will grow 200-bushel corn! Nothing to it! If the fertilizer is affordable, it’s a slam dunk! Just ignore the part where you’re destroying the natural cycle of things. We’ll worry about that later.

So for me, cover crops have to be taken as a long game when it comes to return on investment. And since I really can’t quantify how much my farm production will increase as a result of using cover crops, I just have to take it on faith that it will, and that I will more reliably and consistently produce successful cash crops — particularly on my most fragile and degraded acres. Four years into a method of farming that includes cover cropping, I’d say we’re starting to see that, but I think the best is yet to come, so we’ll continue to be patient and try to do the right things.

Now, if cover crop ROI needs to be taken as a long term investment, how do we reconcile the extra expense in the short term? For me, that one was easy: we pair it with no-till. I think the money we’ve saved in fuel alone each year has covered the extra cost of cover crop seed. Then factor in reduced equipment costs and time savings, and it starts to be a big win. This year, we’re growing our own winter rye for seed, so that’ll knock expenses down even more. So there are lots of ways to offset the short term costs which then, over time, become another part of the long term financial benefit of cover crops.  But you have to combine complementary practices to really get the full benefit of each.

No-till and cover crops augment one another. Diversifying your crop rotation and incorporating livestock each add another reinforcing layer to the financial structure. They also add more work and management! But I think the financial benefits outweigh the added time and attention, and open up more opportunities to be flexible — which is increasingly important in a world that constantly throws us financial and climatological curve balls.

So that’s my take on the financial aspect of ROI and cover crops.

But now I’m going to stray into another aspect of all of this, which is more of the moral and ethical aspect to regenerative agriculture. I’m currently reading two books.  The first is The Uninhabitable Earth by David Wallace-Wells, and the second is Braiding Sweetgrass by Robin Wall Kimmerer. It’s actually a pretty good pairing, because the optimistic and insightful prose of Kimmerer’s book pretty effectively mitigates the sheer terror of Wells, who is out to demonstrate with evidence that when it comes to climate change, we’re already waist-deep in the rapidly rising shit and just trying to pretend the smell is normal.

The fact is that in the coming years and decades, our food production system is going to be under an enormous and increasing strain. If we can’t figure out how to exist on this planet without merging our civilization into a more harmonious rhythm with the natural world, then any talk of financial ROI — whether it be in cover crops or real estate or the latest share price of Tesla stock — is all going to become a very moot point. You can’t put a dollar amount on the survival of our species and the other roughly 8.7 million species with whom we share this delicate biosphere. We consistently fail to see that we’re completely dependent on the very biological systems that we are methodically destroying, and that has to change. It just simply has to. Right now.

I could go on and on, but that’s a depressing subject, so I’ll get to the point. When it comes to cover crops and other agricultural practices that help preserve and revitalize the ecosystem, I personally only look at the financial aspect of all of this as much as necessary. I do my bookkeeping and make sure we pay our bills so we can keep going, but I try not to let the financial side of agriculture cloud my vision of the larger picture. We need solutions, so I try to keep over 50% of my focus on finding and experimenting with practices that are going to make our food production system more resilient, while also sequestering carbon and providing habitat for as many of our fellow terrestrial organisms as possible. If every agricultural producer started shifting to that mindset, we’d be getting somewhere.

In my mind, the real return on investment from all of this will be a habitable (hopefully even pleasant!) planet to live on, and the ability to look in my kid’s eyes and tell her I did everything I could to be a part of the solution.

In episode 269 of LSP’s Ear to the Ground podcast, Mike Seifert talks about how a creepy crawly experience in the dark of night convinced him he was on the right soil health path. A recent Land Stewardship Letter article describes the Seifert family’s transition to no-till and cover cropping. For more on how to build soil health profitably, check out LSP’s Soil Builders’ Network web page.

Category: Blog
Tags: Braiding Sweetgrass • climate change • cover crops • Dana Seifert • Mike Seifert • ROI • soil health • Uninhabitable Earth

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February 2026

Saturday February 7

All Day
Sustainable Farming Association Annual Conference
Saturday February 7
Sustainable Farming Association Annual Conference
College of Saint Benedict, 37 South College Ave S, St Joseph, MN 56374, USA

For details, click here.

Monday February 9

4:30 pm – 7:30 pm
Organic Apple Orchard Academy
Monday February 9
4:30 pm – 7:30 pm
Organic Apple Orchard Academy
Zoom online

The Organic Apple Orchard Academy is a virtual event hosted by the IPM Institute of North America and the Organic Fruit Growers Association. The Academy series — February 9, 11, 16, and 18 — will teach proven methods with insights on everything from site selection and disease-resistant varieties to bio-intensive pest management, efficient harvest strategies and savvy marketing for fresh and value-added products.

You can secure your spot today for just $300, or only $275 for Organic Fruit Growers Association members.

Schedule: 

Day 1: Startup and orchard design focus on variety and rootstock, site prep, irrigation, and trellis/tree support considerations.

Day 2: Pest Management presentation on scouting, pesticide safety, pests of concern in organic orchards, cost and other factors including additional resources.

Day 3: Horticultural practices, harvest and labor instruction on planting trees, orchard floor management and thinning; harvest and post-harvest management and grower experiences with hired labor.

Day 4: Marketing and overall summary teaches many aspects of marketing fresh and value-added products with final thoughts from experienced growers and additional resources. 

Three experienced farmer-presenters will lead the class and will share detailed, practical, real-world knowledge that’s not readily available from internet and print resources. This course requires some basic understanding of growing apples; pre-course reading, homework and handouts included with the course.

For details and to register, click here. 

 

Tuesday February 10

5:30 pm – 8:00 pm
LSP Farm Transition Planning Course
Tuesday February 10
5:30 pm – 8:00 pm
LSP Farm Transition Planning Course
Zoom Online

The Land Stewardship Project’s long-running course for farmers and other landowners looking to transition their agricultural operations to the next generation is expanding into South Dakota in 2026. The Land Stewardship Project (LSP) Winter Farm Transition Planning Course, which enters its 10th session in 2026, provides a holistic opportunity to dig into important topics and learn from experienced farmers and professionals about the options that farmers and landowners have when looking to pass their farm on.

The standard Zoom online LSP course will be held on seven Tuesday evenings starting on January 27 and running through March 10. The sessions build on one another, so attendance at all sessions ensures the greatest understanding and planning opportunities. The course fee is $250 per family, and registration is open through Jan. 9 at https://landstewardshipproject.org/transition2026.

New this year is an expanded course offering for South Dakota attendees as part of a partnership LSP has formed with Dakota Rural Action and Rural Revival.

The South Dakota course, led by Dakota Rural Action and Rural Revival and using the LSP curriculum, includes seven weekly in-person sessions, with a full-day Saturday kick-off session, and another full-day session to close the training. Sessions two through six will take place on Tuesday evenings for two-and-a-half hours. The dates are: Jan. 31, Feb. 3, Feb. 10,  Feb. 17, Feb. 24, March 3 and March 14. As with the fully online course, the course fee is $250 per family, and the registration deadline is Jan. 9. To register for the South Dakota course, visit https://qrco.de/farmtransitions2026.

Presenters at both workshops will include other area farmers who are implementing farm transition plans, as well as professionals representing the legal and financial fields as they relate to agricultural businesses. Workshop participants will have an opportunity to begin engaging in the planning process as well as to learn about resources for continuing the process after the workshop has ended.

5:30 pm – 8:00 pm
South Dakota Farm Transition Planning Course
Tuesday February 10
5:30 pm – 8:00 pm
South Dakota Farm Transition Planning Course
South Dakota

  • Are you a farm family or landowner thinking about the future or next steps for your farm?
  • Are you interested in planning for the next generation of farmers on your land?
  • Do you have a spouse/partner helping to make these decisions? Are you both on the same page?
  • Are you ready to begin the planning process but don’t know where to start?

For the first time, Rural Revival is hosting a holistic Farm Transition Planning Course in collaboration with The Land Stewardship Project (LSP) and Dakota Rural Action (DRA). This opportunity is coordinated alongside the land transition course that LSP has provided for Minnesota farmers over the past 9 years. The course includes seven weekly sessions, with a full day Saturday to kick off, and again to close the training. Sessions 2-6 will take place on Tuesday evenings for 2 1/2 hours. Sessions will bring professionals, farmers and LSP/DRA staff together to dig into values and goals, communications, generational, financial, legal, and long-term care considerations. The sessions build on each other and it is important to plan on attending all of them. The sessions will include participatory activities and there will be work families are encouraged to complete outside of the gathered course time.

The topics, dates, and times for the course are:

  • Saturday, Jan 31st: Goal Setting for LIfe & Land, 10:00am-4:00pm
  • Tues. Feb 3: Values and Why Farm Transition Planning is Needed, 5:30pm-8:00pm
  • Tues. Feb 10: Financial Considerations, 5:30-8:00pm
  • Tues. Feb 17: Legal Considerations, 5:30-8:00pm
  • Tues. Feb 24: Working with the Next Generation Farmers, 5:30-8:00pm
  • Tues. March 3: Long Term Care Considerations, 5:30-8:00pm
  • Saturday, March 14: Resources and Planning Next Steps, 10:00am-4:00pm 

The course fee is $250 per family. The registration deadline is January 9. For more information and to register, click here.

For more farm transition resources, click here. For more course information, contact:

  • DRA’s Megan EisenVos at megan@dakotarural.org, 605-277-3790
  • LSP’s Karen Stettler at stettler@landstewardshipproject.org, 507-458-0349
  • Rural Revival Treasurer, Roy Kaufman at lorokauf@gwtc.net

Wednesday February 11

4:30 pm – 7:30 pm
Organic Apple Ochard Academy
Wednesday February 11
4:30 pm – 7:30 pm
Organic Apple Ochard Academy
Zoom online

The Organic Apple Orchard Academy is a virtual event hosted by the IPM Institute of North America and the Organic Fruit Growers Association. The Academy series — February 9, 11, 16, and 18 — will teach proven methods with insights on everything from site selection and disease-resistant varieties to bio-intensive pest management, efficient harvest strategies and savvy marketing for fresh and value-added products.

You can secure your spot today for just $300, or only $275 for Organic Fruit Growers Association members.

Schedule: 

Day 1: Startup and orchard design focus on variety and rootstock, site prep, irrigation, and trellis/tree support considerations.

Day 2: Pest Management presentation on scouting, pesticide safety, pests of concern in organic orchards, cost and other factors including additional resources.

Day 3: Horticultural practices, harvest and labor instruction on planting trees, orchard floor management and thinning; harvest and post-harvest management and grower experiences with hired labor.

Day 4: Marketing and overall summary teaches many aspects of marketing fresh and value-added products with final thoughts from experienced growers and additional resources. 

Three experienced farmer-presenters will lead the class and will share detailed, practical, real-world knowledge that’s not readily available from internet and print resources. This course requires some basic understanding of growing apples; pre-course reading, homework and handouts included with the course.

For details and to register, click here. 

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