For the fifth year in a row, the CME Group and National 4-H Council are bringing back the popular and award-winning fair experience, Commodity Carnival, this summer. The interactive experience will visit 120 state and county fairs across nine states, teaching fair-going families the fundamentals of risk management in agriculture, and will also continue to be accessible beyond the fairgrounds through the mobile companion app, Risk Ranch.
“CME Group’s roots are in agriculture, and we are pleased to once again provide this program to help the next generation of farmers, ranchers, and agribusiness leaders throughout the United States,” said CME Group Chairman and CEO Terry Duffy. “The agriculture and food science workforce is expected to grow five percent by 2024, and Commodity Carnival is a fun, educational way we can help students to better understand the concept of managing risk from a young age.”
“Empowering youth today and creating opportunities for them tomorrow is our key objective,” said National 4-H Council’s President and CEO Jennifer Sirangelo. “Both the Commodity Carnival and Risk Ranch have helped students learn not only about the risk inherent in bringing a product to market, but also developed their skills for problem solving, communication, and technical competence – essentials for positive youth development that transcend even beyond the agricultural field.”
Developed by the Ohio State University Extension, Commodity Carnival will travel to the following states during the 2017 fair season: Michigan, Ohio, Nebraska, Illinois, Missouri, Iowa, South Dakota, Texas, and Wisconsin. To find a list of participating fairs that will be hosting Commodity Carnival this summer and fall, visit www.cmegroup.com/4hcarnival.
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. In 2015, to reach today’s mobile and tech-savvy youth, CME Group launched the first and most exciting agriculture-based learning application, Risk Ranch, further helping young people understand agriculture as a complex and crucial element of our economy. The award-winning app is available year-round online, in the App Store as well as through Google Play and has reached more than 9,000 users in 115 countries to date.