With a prize package that includes a year's use of a new AGCO Gleaner combine or AGCO tractor, MarketMaxx 2007 is bigger and better than ever.
And you could be the winner of one of these or other big prizes just by taking a few minutes to sign up for the fun and educational game from The Corn And Soybean Digest.
Sign up is at www.MarketMaxx.net — a Web site that can help you become a better corn or soybean marketer at a time when knowing when and how to price your crops can easily mean an extra $50-75/acre in returns.
MarketMaxx 2007 is the third year of the game, which features corn and soybean marketing contests geared to challenge you to become a better marketer. AGCO Gleaner, AGCO, Syngenta Crop Protection and Cargill Certified SolutionPro are MarketMaxx 2007 sponsors.
MarketMaxx 2007 players will each receive a simulated 100,000 bu. of corn and simulated 50,000 bu. of soybeans. Using Chicago Board of Trade (CBOT) futures and options, forward contracts and other marketing tools, players can make trades daily from the time the contest begins on Jan. 2, 2007. The contest continues through midnight Oct. 31, 2007.
At that time, farmer players who have sold their total allotted corn and soybeans at the highest average price will be winners. The grand prize for the corn contest is a Gleaner R5 or A5 series combine, not to exceed 100 combine separator hours. Grand prize in the soybean contest is an AGCO RT or DT series tractor, not to exceed 250 tractor engine hours. The second place prize for each category is a complete computer system plus software from Syngenta Crop Protection.
Again, only farmers 18 years of age or older are eligible to win. (A complete guide to MarketMaxx 2007 rules and regulations is available at www.MarketMaxx.net.)
MarketMaxx 2006 featured about 5,000 players nationwide. One of the best things about MarketMaxx 2007 is that players have nothing to lose and a whole lot to gain. Since all corn and soybean trades are simulated, there are no margin calls or sudden market moves that would be costly in real-world marketing.
Players can use MarketMaxx to gauge their marketing skills in “friendly” competition with co-members of marketing clubs, around the co-op table or even at the coffee shop.
Players have commented on how MarketMaxx helps them learn more about marketing terms and trading possibilities via the Web site. It guides them through writing their own MarketMaxx plan, or even real-world marketing plan, then helps them follow moves of the three most nearby CBOT corn and soybean trading months.
Players can go to www.MarketMaxx.net to make their trades through a secure username/password system, then measure how their trades stack up against leaders in the corn and soybean contests.
The site is a good place to view market commentary on CBOT movements, local, regional and national price basis and international trade that can impact corn and soybean prices.
A bi-weekly MarketMaxx e-newsletter also goes to players and others and helps keep you informed on game leaders, market movement and corn and soybean production and marketing news.
Remember, MarketMaxx 2007 is designed for you — corn and soybean producers and others with interests in corn and bean production. Our goal is to help you improve your marketing skills by taking advantage of the many marketing tools available. That philosophy goes along with our mission to help you maximize production and marketing for profit.
If playing MarketMaxx can help you gain an extra 25-50¢/bu. on a 150 bu./acre corn crop, that's up to an extra $75/acre in added return.
There are no guarantees that added income will result, but at least players should have a better idea of how to put together a good marketing plan, then follow it, depending on which way the market turns up or down.
Visit www.MarketMaxx.net today and get started on your journey to becoming a better marketer. It could be you who wins the AGCO Gleaner combine, AGCO tractor or other great prizes in MarketMaxx 2007.