Deadline For Signup Is Midnight … May 31, 2008
If you’re not yet playing MarketMaxx – the corn and soybean marketing game that can win you one year’s use of a new Gleaner combine or an AGCO tractor – then go to MarketMaxx.net now and get signed up today.
MarketMaxx is designed for you – corn and soybean producers and others with interests in corn and bean production. Its goal is to help you improve your marketing skills and take advantage of the many marketing tools available.
The deadline for signup is midnight, May 31, 2008.
Each player has a simulated 100,000 bu. of corn and 50,000 bu. of soybeans to trade using futures, options or cash forward contracts. Each player has an individual account that is accessed via his her password. Trades can be made at any time until the game ends on Oct. 31, 2008.
Eligible farmers who sell their entire allotment of corn or soybeans at the highest average price by when the contest ends will be grand prize winners. Runners up will also take home big prizes.
Grand prize for the corn contest is a Gleaner R5 or A5 series combine (up to 100 combine separator hours). The soybean winner will receive a year's use (not to exceed 250 hours) of the choice of any PowerMaxx CVT-equipped AGCO RT or DT series tractor.
Second prize for each contest is a complete computer system plus software from Syngenta Crop Protection. Third prize in the corn contest is a complete Leica mojoRTK auto-steer system from Leica Geosystems. Third prize in the soybean contest and fourth prize in the corn contest is a DICKEY-john mini GAC Plus handheld moisture tester.
By signing up, you’ll receive the MarketMaxx e-newsletter, which keeps you updated on the game. It features a contest leaderboard, market commentary from leading university and private grain marketing specialists and news that can impact corn and soybean markets. The newsletter will arrive in your e-mail box every other week throughout the year – but only if you’re signed up by May 31.
“Growers are sometimes confused or apprehensive about using futures and options,” says Corn & Soybean Digest editor Greg Lamp. “MarketMaxx can show growers how to write a marketing plan, then allow them to use futures, options or forward contracts to make periodic sales when prices are high.
Best of all, there is no cost to playing MarketMaxx and there are no margin calls. Players have nothing to lose and a whole lot to gain. Hopefully, they can use the skills they acquire from MarketMaxx to plug in their real time crop marketing.
Go to http://www.marketmaxx.net/ to learn more about the game that can help you market at higher prices.