Program has reached over 400,000 youth in six years
CHICAGO and CHEVY CHASE, Md., July 1, 2019 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, and 4-H, the nation's largest youth development organization delivered by America's Cooperative Extension System, 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 highly engaging experience will tour approximately 120 fairs across nine states, helping young players to learn the basics of risk management in agriculture. The mobile companion app, Risk Ranch, is 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."
"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," said National 4-H Council President and CEO Jennifer Sirangelo. "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."
Commodity Carnival 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. Beyond the fairgrounds, students can also participate through the mobile companion app, Risk Ranch.
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.
About CME Group
As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.
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4-H, the nation's largest youth development organization, grows confident young people who are empowered for life today and prepared for career tomorrow. 4-H programs empower nearly six million young people across the U.S. through experiences that develop critical life skills. 4-H is the youth development program of our nation's Cooperative Extension System and USDA, and serves every county and parish in the U.S. through a network of 110 public universities and more than 3000 local Extension offices. Globally, 4-H collaborates with independent programs to empower one million youth in 50 countries. The research-backed 4-H experience grows young people who are four times more likely to contribute to their communities; two times more likely to make healthier choices; two times more likely to be civically active; and two times more likely to participate in STEM programs.