Contact Information: Media Contact: Steve Carr Dresner Corporate Services 312-780-7211 scarr@dresnerco.com Jennifer Jameson Dresner Corporate Services 312-780-7241 jjameson@dresnerco.com
New Farmetrics(SM) Prediction Market Educational Program Web Site Promotes Agricultural Education
| Quelle: Farmetrics
ST. LOUIS, MO--(Marketwire - October 3, 2007) - Farmetrics(SM), the first prediction market
tailored for U.S. agriculture, introduced the Farmetrics(SM) Prediction
Market Educational Program and a new Web site for agricultural education
teachers and students, https://www.farmetrics.com/Scholar. Classes that
win weekly contests with the accuracy of their predictions benefit their
schools by earning Reward Points that can be redeemed for award cards.
"This exciting new educational effort from the Farmetrics prediction market
was developed with classroom education and collaboration as the goal," said
Bill Towles, who manages the Farmetrics Prediction Market. "It is intended
to provide a new measure of classroom performance, and we plan to continue
enhancing the site in the future. As always with Farmetrics, there is
never any cost to participate or win."
At https://www.farmetrics.com/Scholar classroom participants submit
predictions for yield, acres planted and acres harvested for crops such as
corn and soybeans. Schools determine in which of these weekly contests
their classes will participate. Class performance is measured against that
of other classes around the country by the accuracy of predictions, as
determined by official U.S. Department of Agriculture statistics. The
schools with winning classes earn Reward Points that can be redeemed for
award cards that can be used by the school to purchase necessary goods and
services.
In addition to class performance, individual student performance is also
reported, although it is not calculated for purposes of awarding Reward
Points. As an added educational tool, in many counties, the class
predictions are compared against the predictions of local farmers.
School representatives directly register students for the school's
participation, and Farmetrics does not gather or record any student
information beyond anonymous screen names. Reward Points are awarded to
the schools and may be redeemed for award cards.
Representatives from Farmetrics will be demonstrating the new Web site at
the 2007 National FFA Convention in Indianapolis, October 24-27.
The Farmetrics Prediction Market is sponsored by Bunge Global Markets, Inc.
NO PURCHASE NECESSARY TO ENTER OR WIN. VOID WHERE PROHIBITED.
Farmetrics(SM) Educational Program is open to schools that (i) are
secondary or university level located within the United States, including
the District of Columbia; (ii) offer a class that has a curriculum that
focuses significantly on the agricultural and farming industry; (iii) have
registered with Sponsor; and (iv) have been approved by Bunge. Sponsor
will offer Contests and Sub-Contests on a weekly basis, commencing on
Wednesday at 12:01 a.m. CST and ending on Tuesday at 11:59 p.m. CST.
Farmetrics Educational Program is now open. Reward Points are awarded to
the most accurate prediction. Prizes will be the award cards described at
https://www.farmetrics.com/Scholar. Sponsor: Bunge Global Markets, Inc.,
50 Main Street, White Plains, New York 10606. The odds of winning depend on
the number of eligible entries received and the predictions entered. For
official rules and more details on how you may win a prize visit:
https://www.farmetrics.com/Scholar.