ARCANUM – Arcanum MVCTC FFA members recently competed in the Ohio FFA Grain Merchandising Contest. The purpose of the Grain Merchandising Contest is to stimulate interest in the area of grain merchandising and to make students aware of the complex decision-making process associated with merchandising agricultural products.
Arcanum MVCTC FFA members, Charlie Weiss, Lance Brinksneader, Katelynne Michael, Carrie Denlinger, Brooke Anderson, Seth Fearon, Ethan Hartman, Cheyenne Swisher, Landon Miller, Danicka Michael and Avery Bowser completed the online test portion of the contest in January. During the online test, students were given 50 general knowledge questions about Grain Merchandising and 5 problem-solving questions. The questions included puts, calls, basis, and hedging. The team finished in the top 10 in the State and qualified for the State Finals on April 2nd.
Charlie, Lance, Katelynne, and Carrie traveled to Wilmington College, where they completed a simulation in which they were tasked with marketing 20,000 bushels of grain across a calendar year using different grain marketing contracts.
At the end of the contest, the team from Arcanum was 2nd in the State.
The team members would like to thank Janelle Bell for coaching the team.