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May 8, 2013     Sentinel Tribune
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May 8, 2013

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SENTINEL TRIBUNE AREA Focus Wednesday, May 8, 2013 Page 11 WWG State Convention teams Soils team Elizabeth, Morgan, Submitted photo Mariah, Abby. New U of M Commodity Challenge ready f:00r action Commodity Challenge, an online grain trading game, has been redesigned and relaunched by a University of Minnesota Extension economist at the University&apos;s Center for Farm Financial Management. The Commodity Challenge game (www. <http ://www. c ommodi-> ) fea- tures real-time cash, futures and options quotes for corn, soybeans and wheat. It offers a one-of-a-kind approach to learning about commodity markets and price risk management. It is used in high school and col- lege classrooms, and by farmers to learn about mar- keting strategies. Players will find it to be intuitive and easy to navigate. Commodity Challenge was used last year by more than 1,500 people in 12 states. For newcomers to the world of grain marketing, Commodity Challenge offers a hands-on opportu- nity to learn about futures and options terms and pric- ing tools. Commodity Challenge also introduces players to the basics of trad- ing grain: placing orders, unwinding positions, and accounting for gains and losses. "Commodity Challenge asks players to put them- selves in the shoes of a grain producer, allowing players to experience the pain and glory of trading decisions in a risk-free environment," said Edward Usset, Extension economist and grain marketing spe- cialist with the Center for Farm Financial Management. Usset adds that it's differ- ent from other online trad- ing games. "Other games concentrate on a specula- tive approach to trading--a 'buy low, sell high' approach. This game focus- es on the use of futures and options contracts to manage price risk." Some decisions players face include: How will you manage price risks associ- ated with producing grain? Will you sell grain today, or store grain to sell later? Will you establish a price using futures contracts, or buy put options to set a minimum price? Commodity Challenge offers great way to explore pricing tools and marketing strategies. The redesigned website improves upon a successful learning experience, featur- ing a great new look with links to social media and a game dashboard. Game leaders will be able to mon- itor player decisions and progress. The new version also features a broad selection of local cash markets. Commodity Challenge games can be customized to display nearby prices and quotes on forward con- tracts. Cash and forward prices are provided by GeoGrain, a service that gathers daily grain quotes from thousands of local cash markets. Futures and options quotes are provided by the major exchanges and by Telvent/DTN. The best way to experi- ence Commodity Challenge is to register and join an open game (a game without password protection). Players can place orders, check account actions and develop a feel for how the game works. Creating a Commodity Challenge game for groups is very easy. Send an email to Usset at usset001 <mailto:usset001 @umn. edu> and specify the group's location, a start date, an end date, and spec- ify the grains to trade (corn, soybeans, HRW wheat, SRW wheat, HRS wheat). If you have specif- ic questions . or inquiries about Commodity Challenge, direct those to Usset as well. The first version of Commodity Challenge was launched in February 2002, as a joint project of the Montana Grain Growers Association and Kevin McNew, president of Commodity Challenge games remain free thanks to sponsorship support from Minnesota Soybean, Farm Credit and the North Central Risk Management Education Center. 'For more information on agricultural business man- agement, visit www.exten- and Left: FFA members at the State Convention. Highway 59/60 work in Worthington resumes Highway 60 traffic detoured east and Highway 59 traffic detoured west Below: Juliana Pederson placed 7th in the State FFA Job Interview Contest Submitted photo. The final year of the Highway 60 reconstruction in Worthington begins Wednesday, May 8 and includes multiple detours as crews work on the section between Nobles County Road 35 and Interstate 90. Highway 60 traffic will be detoured east of Worthington using County Road 35 and County Road 3. Highway 59 traffic will be detoured west of Worthington on County Road 10 and County Road 35. This final phase began last July 9 and includes work on Highway 60 from north of Nobles County Road 35 to Interstate 90. D N R The project includes com- plete reconstruction of 'Highway 60andI-90 ramps Q: I understand that two including building round- abouts at the eastbound 1-90 ramps and the Highway 59/60 intersection. The intersection at Armour Road will be controlled with stop lights. The project also includes the construction of a major storm sewer to drain rainwater from the Union Pacific Railroad Bridge underpass. Landscaping along Highway 60 in Worthington is scheduled for 2014. For more information on detours and the Highway 60 project visit < us/d7/projects/hwy60/> . For statewide travel information, visit <http:// www.511> . QUESTIONS OF THE WEEK peregrine falcons have returned to a nest box on top of the Bremer Bank Building in St. Paul. Is this the same pair that was there last year? A: The female is the same as last year, but unfortu- nately biologists have not seen the male, Sota, who was fledged 18 years ago from a nest near the Minnesota River. We sus- pect Sota died over the winter. He and his partner, Jill, had spent nine years raising young together. Jill is 10 years old and was fledged from a box at the high bridge in St. Paul. .. % . titl t This will be her 10th year at this box. She and Sota raised 28 chicks together. A new male started com- ing around and Jill has laid three eggs. Biologists have not been able to identify the male yet. A live camera inside the nest box was paid for by donations to the nongame checkoff. Now the public can watch them lay their eggs and raise their young in real-time. Watch them live: hap:// falcon/ -Lori Naumann, infor- mation officer, DNR Nongame Wildlife Program" Ai, McLANE. Now Hiring Experienced CDLA Drivers *$1500 Signing Bonus* Mcl.ane Minnesota, a wholly-owned subsidiary of Berkshire-Hathaway, is currently seeking qualified candidates to join our team! McLane, a wholesale grocery distributor, has been in busi- ness for over 119 years and continues to grow each year! Our Minnesota location has recently added eddilional customers and must fill team driver OosNons immediately. If you want home time, a secure paycheck, and make over $60,000, in your first year, apply now. Program runs until May 31st, 2013 Drive for the best, drive for McLane! McLane Minnesota 1111 5th Street West Northfield, MN 55057 mnhrOmclaneco,com (507) 664-3038 Fax (507) 664-3042 EOE/M/F/D ' (.;all l lca00 the Wolves aren't alone in needing a balanced ecosystem. Help biologists and sportsmen protect our natural treasures, Sillari (;lul)Illlcrnllillal lq)undal ion 800.377,5399 '+;ww SafariClubFo undation,orq A patient advocate. A compassionate caregiver. An expert ctinician. Dr. Kopperud specializes in Internal. Medicine and Pediatrics and is currently accepting new patients. To schedule an appointment, {507} 274-6121. F-, SANFRD" Westbrook CLASSIFIED ADS CALL 274-61 36 OR 1-800-410-1859 Sentinel Tribune available Hoyt Oil & Convenience Bubai Grocery Thrifty White Drug, Maynards Grocery, ExpressWay Shady Drive Inn WATERWORKS . Basement Systems * ;1 Toll Free 1-800-795-120q O t (conno, t:,. comU, w,m ,my oer oeem, ,lii  iiilli iii ii ii iig ili i illi ill iii "To do what nobody else will do, in a way that nobody else can do, in spite of all we go through; that is to be a nurse." - Rawsi HTilliams St. John's Circle of Care in Springfield salutes our Nurses during National Nurses Week. Thank you for your tireless efforts and care. 212805 ST. JOHN'S ciRCLE OF C00RF, A TRADITION FOR ALL AGES } )