Project Overview
A sustained
period of high grain prices led to the need to teach risk management to feed
grain buyers.
Commodity
Challenge is an on-line trading game, featuring cash, futures and options
quotes for grains. Originally a sellers game, we adapted the game for corn buyers. The updated game now provides feed
buyers with an excellent platform to explore new pricing tools and develop
grain procurement plans. This gives buyers the chance to try new tools and test
strategies in real time.
Game leaders
have access to new curriculum developed for feed buyers. Curricula includes 14 “chapters”
that guide players from an introduction to cash and futures markets, through
basic pricing tools to more advanced pricing tools that feature options
strategies. A seven part video on “How to Develop a Grain Procurement Plan” is
also available to players. Game leaders have access to newly created
powerpoints and a bank of test questions and answers for each chapter.
During the
project term, 13 games were played in eight states, reaching 582 current, beginning and
prospective livestock and dairy producers. Better yet, we secured a gift from
CHS to support Commodity Challenge and help us reach many more producers in the
years ahead.
Number of Participants: 582
PROMOTIONAL MATERIALS
There are no promotional materials available for this project.
EDUCATIONAL MATERIALS
There are no educational materials available for this project.
REPORTS & EVALUATIONS
There are no reports or evaluations available for this project.