CHICAGO and CHEVY CHASE, Md., June
20, 2016 /PRNewswire/ -- CME Group, the world's leading
futures exchange, and National 4-H Council are partnering for a
fourth consecutive year to bring their popular and award-winning
fair experience, Commodity Carnival, to a growing number of fairs
during 2016. The interactive experience is scheduled to visit 150
state and county fairs across nine states this summer to teach
fair-going families the fundamentals of risk management in
agriculture, by way of bringing a hog to market. The game will also
continue to be accessible beyond the fairgrounds this year via the
mobile companion app, Risk Ranch.
"For nearly 170 years, agriculture has been an essential part of
our business at CME Group, and participating in these fairs with
4-H allows us to deepen our connection to the farmers, families and
communities who fuel our economy," said CME Group Executive
Chairman and President Terry Duffy.
"Increasingly, the challenges facing agriculture and food security
will be solved by young farmers and agribusiness leaders of the
future. We're pleased to play a vital role in educating the next
generation of food producers on the importance of agricultural
economics and managing risk as they go about feeding the
world."
"The Commodity Carnival and Risk Ranch are invaluable tools for
teaching youth everywhere key lessons on agriculture, business and
the economy in an approachable and engaging fashion," said National
4-H Council's President and CEO Jennifer
Sirangelo. "We've heard from volunteers and fairgoers across
the country that the Commodity Carnival experience is a highlight.
Our partnership with CME Group allows us the unique opportunity to
connect the curiosity of the next generation of farmers with the
expertise of industry leaders, to the great benefit of both."
Four years ago, CME Group and 4-H, the nation's largest youth
development organization, announced their partnership built around
preparing future generations of farmers and food producers by
exposing them to risk management in agriculture. In order to reach
today's mobile and tech-savvy youth, the partners launched the
learning application Risk Ranch, further helping young people
understand agriculture as a complex and crucial element of our
economy. New this year, users can access the Risk Ranch leaderboard
directly from their mobile device, making it easier to track
competition and high scores across the globe.
Developed by the Ohio State
University Extension, the Commodity Carnival will travel to
nine states during the 2016 fair season: Michigan, Ohio, Nebraska, Illinois, Missouri, Iowa, South
Dakota, Texas, and
Wisconsin. To find a list of
participating fairs that will be hosting the Commodity Carnival
this summer and fall, visit www.cmegroup.com/4hcarnival.
Risk Ranch is available year-round online, in the App Store as
well as through the Google Play, and has won multiple accolades
since its launch – including Best Children's App, Gold Winner in US
Mobile & App Design Awards and Parents' Choice Approved Award
Winner. This year, fairgoers and app players alike will learn what
it takes to bring a hog to the market.
The partnership between CME Group and National 4-H Council is a
part of CME Group's ongoing educational efforts around markets and
risk management. In addition to the Commodity Carnival targeted to
school-age children, the company also partners with Discovery
Education in its Econ Essentials program, a free service for
middle- and high-school classrooms that helps teachers and their
students explore the important and ever-changing variables that
affect our global economy, particularly in energy, agricultural,
and financial markets. For university students, CME Group
offers an annual CME Group Trading Challenge, a global competition
that in 2016 drew in nearly 500 teams of students from 30 countries
to compete in a simulated trading competition. The company also
provides ongoing education resources explaining how markets work at
www.futuresfundamentals.com.
About CME Group
As the world's leading and most
diverse derivatives marketplace, CME Group (www.cmegroup.com) is
where the world comes to manage risk. CME Group exchanges offer the
widest range of global benchmark products across all major asset
classes, including futures and options based on interest
rates, equity indexes, exchange,
energy, agricultural products and metals. Around the
world, CME Group brings buyers and sellers together through
its CME Globex® electronic trading platform and its exchanges
based in Chicago, New York and London. CME
Group also operates one of the world's leading central counterparty
clearing providers through CME Clearing and CME Clearing
Europe, which offer clearing and settlement services across asset
classes for exchange-traded and over-the-counter derivatives. CME
Group's products and services ensure that businesses around the
world can effectively manage risk and achieve growth.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME,
Globex and Chicago Mercantile Exchange are trademarks of Chicago
Mercantile Exchange Inc. CBOT, the Chicago Board of
Trade, KCBOT, KCBT and Kansas City Board of Trade are
trademarks of the Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile
Exchange and ClearPort are registered trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. All other trademarks are the property of their
respective owners. Further information about CME Group (NASDAQ:
CME) and its products can be found at www.cmegroup.com.
About 4-H
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.
Learn more about 4-H at www.4-h.org, find us on Facebook
at www.facebook.com/4-H and on Twitter at
https://twitter.com/4H.
CME-G
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SOURCE CME Group