is this you? Claim your profile.
is this you? Claim your profile.
+ Get 10 Free Contacts a Month
It's free and takes 30 seconds
,,"Gaining real-time, more accurate information about local crop conditions is vital to U.S. agribusiness," said Bill Towles, Bunge's manager of farmer focus programs.,,Towles said the free program is based on encouraging farmers from around the country - through self-interest and prize incentives - to sign up at www.farmetrics.com and input their crop acreage, yield and harvest predictions as the growing season unfolds.,,Now in its second year, Towles said so far "several thousand (farmers) have signed up across the country," which is giving Farmetrics increasing accuracy in its predictive capability.,,"There is no magic number," he said."Obviously, the more you have the more accurate it is.",,Towles acknowledges that the prediction data is valuable to Bunge in its worldwide marketing and sales ventures."We get the information and it's part of our total portfolio to gain some insight into the market," he said."We combine it with other analytics we get every day of the week.",,Towles is close-lipped about exactly how Bunge is using the Farmetrics information but said the still-evolving program is so far proving to be useful."We have been real pleased with the data we've gotten so far," he said."We're satisfied with the results.",,Of course, there's no shortage of crop information from a variety of sources that growers can turn to for guidance.But Towles insists that Farmetrics' online-gathered data is always practically up-to-the-minute and "not the result of some dated survey.",,Towles said Farmetrics wasn't meant to be the last word in what crop a farmer should plant.Towles said that's a question that will likely take more participants and a bit longer to sort out.,,"As the price of corn goes up, farmers plant more corn and it becomes self-fulfilling at some point," Towles said.
"Exceptional customer service has always been a hallmark of Bunge, and continues to be a competitive differentiator," says William Towles, an e-business manager in Bunge's North American operation.
"We'll be there with bells on, and offering the program to as many schools as are interested," said Bill Towles, manager of the Farmetrics Farm Focus Program.Through Farmetrics' educational crop prediction program, FFA and other school classes can win weekly contests with the accuracy of their crop yield predictions and benefit their schools by earning "reward points" which can be redeemed for "reward cards."Overall class scores from participating schools are tallied and ranked against other schools in the United States, Towles explained, with predictions compared against final USDA county reports to determine which schools win reward cards.Rew ...
"We'll be there with bells on, and offering the program to as many schools as are interested," said Bill Towles, manager of the Farmetrics Farm Focus Program.Through Farmetrics' educational crop prediction program, FFA and other school classes can win weekly contests with the accuracy of their crop yield predictions and benefit their schools by earning "reward points" which can be redeemed for "reward cards."Overall class scores from participating schools are tallied and ranked against other schools in the United States, Towles explained, with predictions compared against final USDA county reports to determine which schools win reward cards.Reward cards are issued in the name of the school and its FFA program's advisor."(The advisor) can use the reward cards for field trips or travel expenses for state conventions, computers or other materials.They can be used at (the advisor's) discretion," said Towles."The program and website were based primarily on FFA advisors' recommendations," Towles said."It's based on the theory of learning by doing, which is key to the FFA.And it's a situation that makes it possible for kids to contribute to their schools."Students from five high schools in Illinois, Ohio and Mississippi registered the program's first predictions through their classroom computers during the first week of October.Towles said Farmetrics received a tremendous response from the students who registered to participate, and their website worked "flawlessly."Though high schools with FFA chapters were the first to participate, Towles said the program is open to other educational venues."Farmetrics' Prediction Market Educational Program is intended for secondary or university-level schools located in the U.S.We primarily cater to the FFA, so it's intended mainly, but not exclusively, for high school-age students," he explained.After school officials register on Farmetrics' website at www.farmetrics.com/Scholar school program advisors directly register individual students for the program.Farmetrics does not gather or record any student information beyond anonymous screen names."Best of all, there is no cost whatsoever to the schools," Towles said."Farmetrics will be demonstrating our educational program's website at Booth 607 at the National FFA Convention in Indianapolis, and we invite all FFA advisors and students to stop by."The Farmetrics Prediction Market was introduced as an innovative way for crop producers to collect and share crop information from participants across the U.S. Using their knowledge of the agricultural industry, participants submit predictions for locally-planted acreage and yield on a weekly basis, to be aggregated and shared with other participants.It is the first prediction market tailored exclusively for U.S. agribusiness, the company touts."Gaining real-time, more accurate information about local crop conditions is vital to U.S. agribusiness," Towles said.
There is never any cost to participate or win," said Bill Towles, who manages Farmetrics.