It’s not easy being a farmer against today’s labor and environmental challenges, and yet these individuals and the health of their farms are the foundation of our food network. It’s not just their ability to grow crops that’s at stake, but also how their crops are grown.
One effective strategy to help farmers is that of agriculture grants. California is the nation’s largest food-producing state, and its wildly successful California Off-Road Equipment (CORE) Voucher Incentive Program has set the standard on empowering farmers and ensuring food security in a meaningful, impactful way.
Why are agricultural grants in California, especially CORE, so generous? It's about empowerment and savings for farmers and everyone else:
The California CORE program is a multi-million-dollar voucher incentive program that makes currently commercialized, zero-emission, off-road equipment more accessible to users through point-of-sale subsidization. There is no scrappage fee and farmers don’t have to trade in a diesel tractor.
Monarch is the creator of the MK-V, the world’s first 100% electric, driver-optional, and smart tractor, and Wingspan Ag Intelligence® (WingspanAI®), an advanced AI computing and farm management platform. Monarch’s modular technology and energy platform have been accelerating the adoption of electrification, automation, and AI computing in operations and farm reporting. The demand for high-performance and automated farm machinery that supports profitability, efficiency, and sustainability goals remains high and Monarch is responding with on-going developments and customer partnerships.
Under the California CORE program, Monarch’s MK-V and MK-V Dairy tractors are eligible for up to $68,750 in savings off the retail price, putting the cost of the tractor on par with that of a similarly-sized diesel. Unlike a diesel, the MK-V brings continued payback long after its purchase. Agricultural subsidies like CORE can be stacked with additional incentives, making agricultural grants in California a particularly valuable investment tool for farmers.
Recognizing that farmers have little time to dedicate to administrative burdens, Monarch takes care of all the paperwork.
Agriculture technology, like that provided by Monarch Tractor, is giving early adopters an operational and efficiency advantage. Gains in the bottom line coupled with being empowered with sustainability are setting these farms up for long-term profitability and security. CORE is empowering them to make that move.