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Extension Risk Management Education National Conference Denver April 3, 2013

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. Presentation Objectives:.

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Extension Risk Management Education National Conference Denver April 3, 2013

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  1. 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

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

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

  4. Winter Pilot, 2010-11 3-Ring Binder with inserts

  5. Marketing Tools Workbook 2011 - 2012 2012

  6. Marketing Tools Workbook2012 - 13

  7. Example Activity

  8. Example Activity

  9. Example: Planning and Transaction Log

  10. Example Activity

  11. Learn to use Elevator Websites

  12. Education Objective: Track markets weekly: Workbook Wednesdays !

  13. Weekly Tracking Table through 2/6/13

  14. Evaluation Results • Over 300 participants since November 2011 • 57 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.

  15. 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 e-mails to provide participant encouragement and answer questions • Fits well over 15 weeks (semester course) or mid-November to March (Ag Marketing Clubs)

  16. 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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