CME Group, the world's leading and most diverse derivatives marketplace, and the National 4-H Council, the nation's largest youth development organization, have announced the sixth year of their partnership to bring the award-winning Commodity Carnival experience to state and county fairs this summer. The highly engaging experience will tour nearly 120 fairs across eight states, helping families learn the basics of risk management in agriculture. Commodity Carnival will also continue to be available beyond the fairgrounds through the mobile companion app, Risk Ranch.
Developed by the Ohio State University Extension, Commodity Carnival will travel to the following states during the 2018 fair season: Michigan, Ohio, Nebraska, Illinois, 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 partnered in 2013, motivated by the same goal of preparing future generations of farmers and food producers with respect to risk management in agriculture. In 2015, to reach mobile and tech-savvy young audiences, CME Group launched the first 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.
The partnership between CME Group and National 4-H is part of CME Group's ongoing commitment to educational efforts focused on financial markets and risk management. This also includes a partnership 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 2018 drew in nearly 550 teams, made up of more than 2,100 students from 37 countries to compete in a simulated trading competition. CME Group also supports Futures Fundamentals, a one-stop educational resource that explains the role of futures markets in everyday life.