Penton’s Corn & Soybean Digest Announces Winners of 2007 Marketmaxx Competition
12/6/2007
NEW YORK (December 6, 2007) - Penton Media's Corn & Soybean Digest today announced the winners of its 2007 MarketMaxx competition, an online grain-marketing contest designed to help growers sharpen their marketing skills. MarketMaxx is a free, Web-based marketing simulation that allows corn and soybean growers to gain experience using marketing tools in a game environment. The 2007 MarketMaxx contest was sponsored by AGCO Gleaner, AGCO Tractors, Syngenta Crop Protection and Cargill Certified SolutionPro.
This year's first place winner in the corn division was Christopher Waymire of Yellow Springs, Ohio. He will receive one year's use of a new Gleaner R5 or A5 series combine, a prize valued at $12,000. First place winner in the soybean division was Ron Falk of Monticello, Ill. His winning prize is one year's use of a new AGCO RT or DT series tractor, also valued at $12,000.
Second place winners were Chip Shriver of Ursa, Ill. (corn division) and Kevin Johnson of Tyler, Minn. (soybean division). Both will receive a new computer system from Syngenta Crop Protection.
MarketMaxx players submitted simulated trades online using cash, futures and options markets and received account reports, leader scoreboards and expert advice via a password-protected Web site and e-newsletter. Participants were given a simulated value of 100,000 bushels of corn and 50,000 bushels of soybeans to trade during the contest.
Detailed information on MarketMaxx, as well as online registration, is available at www.MarketMaxx.net. The Web site contains information about the contest and a tutorial to help farmers understand the various grain-marketing strategies that can be employed.
Farmers can register to play MarketMaxx 2008 now, but actual trades cannot occur until after January 2, 2008. Trades can be made throughout 2008 until Oct. 31, when the 2008 contest ends. The sponsors of MarketMaxx 2008 are AGCO Gleaner, AGCO Tractors, Syngenta Crop Protection and Leica Geosystems.
To qualify to play, contestants must be actively engaged in crop farming; a resident of the United States and 18 years of age or older. Players cannot have worked as a professional commodity trader or broker in the last five years and all players must register on MarketMaxx.net and agree to all contest rules.
The 2008 grand prize corn winner will receive one year's use (not to exceed 100 separator hours) of an AGCO Gleaner R5 or A5 series combine. The 2008 grand prize soybean winner will receive their choice of one year's use (not to exceed 250 hours) of an AGCO RT or DT tractor.
Corn & Soybean Digest, published 11 times annually, is the leading publication in the corn and soybean markets and provides in-depth coverage to help readers maximize production and marketing for profit. More industry news and information can be found online at www.cornandsoybeandigest.com. Corn & Soybean Digest is part of Penton Media's extensive family of print and online agricultural brands, including Farm Industry News, Hay & Forage Grower, BEEF, Farm Press publications and National Hog Farmer.
Penton Media, Inc. is the largest independent business-to-business media company in the U.S., serving more than six million business professionals every month. The company's market-leading brands are focused on 30 industries and include 113 trade magazines, 145 Web sites, 150 industry trade shows and conferences, and more than 500 information data products. Headquartered in New York City, the privately held company is owned by MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP, and its co-investors. For additional information on the company and its businesses, visit www.penton.com.
CONTACT:
Lee Feldman, Peters & Feldman
Phone: (203) 341-8922
E-mail: leefeld@ix.netcom.com