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Chad Hart Assoc. Professor of Economics, Iowa State University Steve Johnson ISU Extension Farm Management Specialist Ed Kordick Commodity Services Manager,

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Presentation on theme: "Chad Hart Assoc. Professor of Economics, Iowa State University Steve Johnson ISU Extension Farm Management Specialist Ed Kordick Commodity Services Manager,"— Presentation transcript:

1 Chad Hart Assoc. Professor of Economics, Iowa State University Steve Johnson ISU Extension Farm Management Specialist Ed Kordick Commodity Services Manager, Iowa Farm Bureau Program took place from October 2010 to March 2013 in cooperation with U of Minnesota Extension Economics

2 Extension Risk Management Education National Conference Denver April 3, 2013 Steve Johnson ISU Extension Farm Management Specialist Ed Kordick Commodity Services Manager, Iowa Farm Bureau

3 Presentation Objectives: Focus on Curriculum: Developed to complement Commodity Challenge: an online market simulation game Examples of Training Material/Methods Results and Lessons Learned

4 Training Methods: Marketing Tools Workbook: includes activities Website with pre-recorded educational segments that accompany the Workbook Participant contact: at meetings and via (Workbook Wednesday!)

5 Winter Pilot, Ring Binder with inserts

6 Marketing Tools Workbook

7 Marketing Tools Workbook

8 Example Activity

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10 Example: Planning and Transaction Log

11 Example Activity

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13 Learn to use Elevator Websites

14 Education Objective: Track markets weekly: Workbook Wednesdays !

15 Weekly Tracking Table through 2/6/13

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20 Evaluation Results Over 300 participants since November returned online and end-of-meeting evaluations Improved awareness of how cash, future and option markets work Increased knowledge about marketing tools Learned new marketing skills by trading futures and options without real financial loss.

21 Lessons Learned Self-directed learners benefitted the most Multiple ways to learn: totally online, Workbook, webcast recordings, small groups Computers on site at first class to assist with secure log-ins Weekly instructor s to provide participant encouragement and answer questions Fits well over 15 weeks (semester course) or mid-November to March (Ag Marketing Clubs)

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23 For Questions about this program, please contact: Chad Hart Assoc. Professor of Economics, Iowa State University Steve Johnson ISU Extension Farm Management Specialist Ed Kordick Commodity Services Manager, Iowa Farm Bureau

24 Extension Risk Management Education National Conference Denver April 3, 2013 Steve Johnson ISU Extension Farm Management Specialist Ed Kordick Commodity Services Manager, Iowa Farm Bureau


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