Land Stewardship Project

Land Stewardship Project
  • About Us
    • Our Mission
    • Long Range Plan
    • Staff Directory
    • Board of Directors
      • LSP Board Committees
    • LSP Steering Committees & Working Groups
    • Contact Us
    • Past LSP Projects
    • Employment & Volunteer Opportunities
    • LSP Publications
    • Financial Statements
  • The Latest
    • Community Care
    • Songs for the Soil
    • CSA Farm Directory
    • Upcoming Events
    • News
      • News Releases
      • Media Contacts
      • LSP in the News
    • Blog
    • Podcast
    • Land Stewardship Letter
    • LIVE-WIRE Sign-up
    • Myth Busters
    • Fact Sheets
    • Farm Crisis Resources
  • For Farmers & Landowners
    • Farmland Clearinghouse
    • New Farmers
      • Farm Beginnings Class
      • Journeyperson Course
      • Farm Dreams
      • Accessing Farmland
      • Farmland Clearinghouse
      • Beginning/Retiring Farmer Tax Credit
      • Beginning Farmer Profiles
      • Fresh Voices Podcast Series
    • Retiring Farmers & Landowners
      • Farmland Clearinghouse
      • Farm Transition Course 2026
      • Conservation Leases
      • Beginning/Retiring Farmer Tax Credit
      • Land Transition Tools
      • Transition Stories
    • Soil Health
      • Cover Crops
      • Grazing
      • No-till
      • Microbiology
      • Kernza
      • Soil Builders’ Network
      • Soil Builders’ E-Letters
      • Soil Health Steering Committee Members
      • Ear Dirt Soil Health Podcast Series
    • Cropping Systems Calculator
    • Conservation Leases
  • Creating Change
    • Community-Based Food Systems
      • Ear Bites Community-Based Food Podcast Series
    • Policy Campaigns
      • Soil Health & Climate Change
      • Healthcare
      • Factory Farms
        • Anti-Competitiveness & Price Gouging
      • Federal Policy
        • A Farm Bill For Us
      • State Policy
        • MN Farm, Food & Climate Funding
      • Developing Leadership
    • Justice & Stewardship
    • Organizational Stewardship
  • Get Involved
    • Your Membership Matters
    • Take Action!
    • Upcoming Events
    • Land Stewardship Action Fund
    • Connect with LSP
      • Stay Connected
      • Join, Donate, or Renew Today!
      • Shop
      • Employment & Volunteer Opportunities
      • Legacy Giving
    • Network with LSP Members
      • Farmland Clearinghouse
      • Soil Health
    • Farmland Clearinghouse
  • Join, Donate, or Renew Today!
  • Stay Connected
  • Contact Us
  • Shop
Search
More...

Cover Crop ROI & All That Matters

Crunching the Numbers Via Biological Bookkeeping

By Mike Seifert
July 27, 2022

Share

  • Facebook
  • Pinterest
  • email

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

Upcoming Events

×

January 2026

Thursday January 1

All Day
Minnesota Beginning Farmer Tax Credit Applications
Thursday January 1
Minnesota Beginning Farmer Tax Credit Applications
Online

The Minnesota Department of Agriculture’s (MDA) Rural Finance Authority (RFA) will start accepting applications for the 2026 Beginning Farmer Tax Credit on Jan. 1. This is an annual program available to landlords and sellers (asset owners) who rent or sell farmland, equipment, livestock, and other agricultural assets to beginning farmers.
 
On Dec. 22, a webinar will provide basic information on the program and how to apply for it. To register, click here. 

Friday January 2

6:00 am – 12:00 am
Application Deadline for RSDP Farmer Climate Action Fund
Friday January 2
6:00 am – 12:00 am
Application Deadline for RSDP Farmer Climate Action Fund
Regional Sustainable Development Partnership

Are you a farmer in Greater Minnesota with an innovative idea to address climate change on your farm?

University of Minnesota Extension Regional Sustainable Development Partnerships (RSDP) invites farmers throughout Greater Minnesota to apply for funding for on-farm climate adaptation and mitigation projects through RSDP’s Farmer Climate Action Fund.  

Small grants will be awarded through a competitive process for ready-to-go, farmer-led projects, including but not limited to planting wildlife corridors, replacing fossil fuels with clean energy alternatives, implementing soil health practices that sequester carbon and incorporating agroforestry systems.

Priority will be given to projects that are shovel-ready and can be completed by December 31, 2026. 

The application portal is now open and you can apply until January 2, 2026, with awards announced in early February. 

Find more information and application materials on the RSDP website: https://z.umn.edu/FarmerFund.

Wednesday January 7

10:00 am – 3:00 pm
Organic Fruit Growers Climate Resilience Workshop
Wednesday January 7
10:00 am – 3:00 pm
Organic Fruit Growers Climate Resilience Workshop
La Crosse, Wis.

n December and January, the Organic Fruit Growers Association is offering a series of climate resilience workshops. Workshop goals are to learn about the changing climate in our region and the expected impacts on fruit farmers and to select climate resilience practices which are suited to your farm’s goals and values. The outcome of the workshops will be a written climate resilience plan with actionable steps to make your farm more resilient to changing climate. 
 
Workshops will be led by University of Minnesota extension educators Katie Black and Madeline Wimmer and include times for farmer-to-farmer discussion. This series includes the following four meetings. Expect to spend an additional 4-10 hours outside the meetings developing your farm’s climate resilience plan:

  • Wednesday Dec. 3, 9 a.m.-11:30 a.m. (online via Zoom)
  • Wednesday, Dec. 10, 9 a.m.-11:30 a.m. (online via Zoom)
  • Monday, Dec. 22, discussion (online via Zoom — optional but encouraged)
  • Wednesday, Jan. 7, 10 a.m.-3 p.m. (in-person workshop in La Crosse, Wis. Lunch provided, and you can be reimbursed for mileage traveling to and from the meeting.)

For details and to register, click here. 

Thursday January 8 – Friday January 9

Minnesota Organic Conference
Thursday January 8 – Friday January 9
Minnesota Organic Conference
River's Edge Convention Center, 10 4th Ave S, St Cloud, MN 56301, USA

Each year, the Minnesota Department of Agriculture hosts this conference and trade show for farmers and others interested in organic agriculture.

Minnesota Organic Conference Logo

Mark your calendars for January 8-9, 2026, when we’ll again feature:

  • Inspiring keynote speakers
  • Topical breakout sessions
  • An 80-booth trade show
  • Networking
  • And more!

Whether you’re an experienced producer or new to the field, don’t miss out on this valuable opportunity to connect with Minnesota’s thriving organic community!

Who should attend?

  • Organic farmers and those interested in transitioning to organic practices
  • Agricultural professionals
  • Buyers and makers looking to source or showcase organic products
  • Students and researchers
  • Organic farming advocates

For details, click here. 

Friday January 9 – Saturday January 10

Practical Farmers of Iowa Annual Conference
Friday January 9 – Saturday January 10
Practical Farmers of Iowa Annual Conference
Iowa Events Center, 730 3rd St, Des Moines, IA 50309, USA

For details, click here.

View Full Calendar

Recent Posts

  • Land Line: Food Monopolies, Soil Sisters, Bird Benefits, Soil Research Cuts, Farm Divorce, Agro-Environmentalist, China’s Soybean Supplier, Nebraska Nitrates December 31, 2025
  • Farm Aid Fridays: Bonnie & Vance Haugen, LeeAnn & Jim VanDerPol December 19, 2025
  • Land Line: Commodity Ag Regrets, Bailout Blues, Corn & Climate, USDA Regenerative Ag Pilot, Manure Monitoring, Conservation & Community, Farmer-to-Farmer December 16, 2025
  • Standing In Solidarity With Our Immigrant Neighbors December 4, 2025
  • Farm Aid Fridays: Hannah Bernhardt, Moses Momanyi & Lonah Onyancha Kilimo December 4, 2025

Montevideo

111 North First Street
Montevideo, MN 56265

(320) 269-2105

Lewiston

180 E. Main Street
Lewiston, MN 55952

(507) 523-3366

Minneapolis

821 E. 35th Street #200
Minneapolis, MN 55407

(612) 722-6377

  • Privacy Policy

Copyright © 2026 Land Stewardship Project. All rights reserved.

https://landstewardshipproject.org/cover-crop-roi-all-that-matters

Please note--webstore orders and gift memberships will not be fulfilled until the end of LSP's Winter Break, Monday, January 5, 2026. Dismiss