PepsiCo pays farmers in Illinois, Nebraska and Kentucky for cover crops, nitrogen reduction and reduced tillage, through the Illinois Corn Growers Association's Precision Conservation Management (PCM) program. New and existing practices qualify, at up to $35 per acre with no acre cap, and payments stack with state or federal programs. PepsiCo claims the carbon credits from enrolled acres.
Eligibility
-
Farms in the program's regions of Nebraska, Illinois and Kentucky ("The PepsiCo program is available regionally in Nebraska, Illinois & Kentucky")
-
All acres must be enrolled into PCM
-
W-9 Form
-
Each field can have 2 "new" years of cover crops (one ahead of corn, and one ahead of soybeans)
-
MRTN or 10% N reduction payments may carry additional requirements
-
Enrolled acres cannot be part of another carbon/ecosystem service/sustainability marketplace
Terms
1-year contract; payment after verification by the PCM Specialist, issued in summer; carbon credits from enrolled acres are claimed by PepsiCo.
Published amounts: Farmers enrolled in PCM are eligible to receive up to $35 per acre for conservation practices through this program. There is no cap on number of acres per farmer, and practice payments are stackable with state or federal programs! (PCM enrollment itself also pays a $750 enrollment payment, per the PCM Illinois page.)
Application Instructions
Enroll in PCM (https://app.precisionconservation.org/registration) and contact your regional PCM Specialist to see if your farm qualifies.
Deadline text on the page: No enrollment deadline published. "Contract length: 1 year"; "Payments issued in the summer after verification by your PCM Specialist."
Forms
Related Programs

ACRE3 Agricultural Energy Efficiency
Colorado Department of Agriculture
- GrantCost ShareLoanAlternative EnergyConservationIrrigationStorageGreenhouseCOAny

ACRE3 Irrigation Hydropower Programs
Colorado Department of Agriculture
- GrantCost ShareLoanHydro PowerAlternative EnergyIrrigationConservationWater ManagementEquipmentCOAny

Agricultural Conservation Easement Program: Agricultural Land Easements (ACEP-ALE)
Natural Resources Conservation Service
- EasementCost ShareConservationWaterway ProtectionWater QualityWildlife & Pollinator HabitatEducationRecreationWetland ConservationNationalAny

Agricultural Conservation Easement Program: Wetland Reserve Easements
Natural Resources Conservation Service
- EasementCost ShareConservationWaterway ProtectionWater QualityWildlife & Pollinator HabitatEducationRecreationWetland ConservationNationalAny
Updated October 20, 2026
Image Credit: Annie Spratt
Run this program? Email fundinglibrary@ambrook.com to request changes to this listing.
This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.
Explore hundreds more programs on Ambrook.
