Announcing a 2021 crop marketing simulation
A new crop marketing simulation is available for those wishing to learn using real cash, futures and options markets. Are you interested in learning how the cash and futures market work together in a hedge? Would you like to explore the opportunity to sell corn and soybeans before harvest? Would you like to learn without making actual transactions and risking real revenue? The 2021 New Crop Iowa Commodity Challenge has been prepared for you just for these reasons.
The simulation farm has 600 acres of corn and 600 acres of soybeans to be planted in the spring of 2021. The plan is to market bushels before harvest knowing that you are guaranteed 81,000 corn bushels and 22,500 soybean bushels to be delivered on October 20, 2021 (the simulation end date)
- Corn APH of 180 bpa X 600 acres = 108,000 bu.; 75% is 81,000 bu. available to market.
- Soybean APH of 50 bpa X 600 acres = 30,000 bu.; 75% is 22,500 bu. available to market.
Participants focus their marketing tool selection to new crop delivery forward contracts and December corn and November soybean futures and options. Cash transactions are based on a real example market just north of Des Moines).
The marketing choices you make in the game are up to you. The game allows you to experiment with marketing tools with real, current futures and cash prices.
Please click here for the instruction sheet and game password to start learning by experience!
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