Tips for Organizing an Educational Agricultural Commodity Trading Club

Educational commodity marketing clubs have been an effective tool for producers to develop their grain and livestock marketing skills. These groups are further enhanced when the participants engage in "actual trading" versus "paper trading" techniques. When a club chooses to try...

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Bibliographic Details
Published in:Journal of extension 2011-02, Vol.49 (1)
Main Author: Yost, John
Format: Article
Language:English
Subjects:
Agricultural Education
Clubs
Extension Agents
Federal Regulation
Guidelines
Institutional Characteristics
Legal Responsibility
Marketing
Rural Extension
Skill Development
Online Access:Get full text
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Summary:Educational commodity marketing clubs have been an effective tool for producers to develop their grain and livestock marketing skills. These groups are further enhanced when the participants engage in "actual trading" versus "paper trading" techniques. When a club chooses to try actual trading, it becomes more complicated than pooling monies together. Group members need to think of personal liability and state and government regulations with which they need to comply. This article attempts to assist Extension educators as they guide groups through the steps that will limit their personal liability and bring them into compliance with federal regulations.
ISSN:1077-5315
0022-0140
1077-5315
DOI:10.34068/joe.49.01.29