The AgYield Simulator is an educational tool that simulates an entire growing season. Students test production and marketing decisions based on commodity prices, USDA reports, weather and other variables that affect marketing decisions. As the administrator, the professor can set the parameters (number of acres, crops, expenses, etc). Students can learn to manage their operations in the face of constant changing variables. The administrator can monitor student activity, track their standings and use AgYield as a barometer of how students are grasping the concepts of risk management. The simulation will teach participants how to successfully manage their farm’s revenue by utilizing all of the tools available including crop insurance, cash grain contracts, and futures and options contracts.
The AgYield simulator allows users to test their marketing approach through simulated growing seasons. This tool enables users to test production and marketing decisions based on commodity prices, USDA reports, weather and other variables that affect marketing decisions. The simulation helps growers understand all tools available to them to help create a stronger marketing plan.