Conferences
The New Commodity Challenge
Edward Usset
Summary
Commodity Challenge is a fun and engaging on-line trading game that has been redesigned from the ground up in 2013. It features real-time cash, futures and options quotes for corn, soybeans and wheat. The new Commodity Challenge offers a hands-on educational format for learning about grain pricing tools and the development of marketing plans. Rather than discuss the pros and cons of futures and options pricing strategies, Commodity Challenge allows players to put these tools to work in real time. Instead of talking about the benefits of a marketing plan, Commodity Challenge gives producers the opportunity to test a plan in real time.
As the developer of “Winning the Game” and other innovative marketing education programs, the Center for Farm Financial Management (CFFM) is nationally recognized for its work in grain marketing education. Commodity Challenge offers a one-of-a-kind approach to learning about commodity markets and marketing decisions in farm management - it is the future of grain marketing education.
Attendees at this presentation will learn how Commodity Challenge is currently being used in high school and college classrooms, and by farmers and marketing groups (74 games were started in 2012 and we expect to start many more in the new format). They will also learn about the customizable features of the game and how they can become a game leader.
Presentation Materials
Details
| Conference | 2013 National Farm Management Conference |
| Presentation Type | Concurrent |