CME Group, the world's leading derivatives marketplace, and 4-H, the nation's largest youth development organization, have announced the seventh year of their partnership to bring the award-winning Commodity Carnival experience to more than 120 state and county fairs across the Midwest this fair season.
The experience is an interactive learning activity that guides participants through the process of growing a steer and selling it at market. The game aims to build greater agricultural literacy and awareness of the risks farmers face in bringing food to market.
The engaging experience will tour approximately 120 fairs across nine states to help young players learn the basics of risk management in agriculture, the announcement said. The mobile companion app, Risk Ranch, is also available across multiple platforms for those unable to participate in person at one of the participating fairs.
"Agriculture has been a vital part of CME Group's business for more than 170 years," said Tim Andriesen, CME Group managing director of agricultural products. "Working with National 4-H Council, we've reached over 400,000 youth across the country with the Commodity Carnival experience in the last six years. We look forward to supporting the program again this year to educate the next generation of farmers, ranchers and business leaders about the role of risk management in production agriculture."
National 4-H Council president and chief executive officer Jennifer Sirangelo added, "We are so pleased to continue our partnership with CME Group and help prepare today's youth with skills they need to be successful in the future. The focus and purpose of the Commodity Carnival is to bolster our collective efforts to increase agricultural literacy and highlight the important role of agriculture commodities. Students get to take part in an interactive, hands-on experience that allows them to learn by doing."
CME Group and 4-H first collaborated in 2013, driven by the same mission to prepare future generations of farmers and food producers with respect to risk management in agriculture. To find a list of participating fairs that will be hosting Commodity Carnival this summer and fall, visit www.cmegroup.com/4hcarnival.