First FFA Commodity Marketing Simulation Sponsored
WEST BEND, WISC. —ln the teach prospective agribusiness
first event of its kind. The Nation- men and womsn how to manage
al FFA Foundation is hosting a risk and maximize profits. It is
simulated commodity marketing seen by both Stewart-Peterson and
program, which began in January, - the FFA as an excellent vehicle to
1989. The three-month event is prepare future farmers and corn
sponsored by The Stewart- modifies advisors for an increas-
Peterson Advisory Group, farm ingly business-oriented market
marketing consultants in West The initial pilot program is
Bend. being conducted in the state of
The commodity program is pro- Minnesota, but is expected to
viding high school students with' include chapters from across the
hands-on experience in commodi- nation within the next five to six
ties marketing, and is designed to years. The program is designed to
Let FARMER BOY
Experienced Staff
Discuss The Design
And Cash Flow Of A
Facility To Meet Your
Specifications
- Financing Available -
LOOKING FOR A GUARANTEED INCOME?
Talk To Us About A Family Size Swine
Or Poultry Operation! (Contracts Available)
teach “real-life” situations in a
classroom atmosphere.
Specifically, the local advisor
from the participating school has
formed up to three teams consist
ing of three to six students. By
calling market actions into an 800
number, each team is marketing
25.000 bushels of com and 550
hogs from a model farm. The
competition was completed last
month. Each team can trade as it
wishes without exceeding the
commodity produced on the mod
AG.’s
FARMER BOY AQ.
INC*
410 EAST LINCOLN AVE. MYERSTOWN, PA 17067 PH: 717-866-7565
BEST IN DESIGN, PRICE AND EXPERIENCE
Lancaatar Farming, Saturday, April 15, 1989-,
el farm. As in a normal situation,
fees are assessed to each transac
tion, and a monthly statement is
provided to each team. The advi
sor assists the teams with pertinent
information and acts as a liaison to
the FFA and Stewart-Peterson.
Upon completion of the simula
tion, each team will be judged by
Stewart-Peterson and the FFA on
marketing methodology based on
a marketing journal and monetary
success. Teams receiving the
highest combined score will be
24 Hour Service
selected as winners. Scholarshi]
will be provided to members
the winning team by Stewai
Peterson.
According to Scott W. Stewi
president of the Stewart-Peters
Advisory Group, a simulal
program such as this is an i(
whose time has come.
44’x500’
BROILER
FACILITY
TWO
50’x300’
TURKEY
FACILITIES
FARROW THRU
FEEDER
PIG UNIT
1,000
HEAD
FINISHER
UNIT
•A 25