Market Masters 2017. L to R Pam Jahnke, Monte James, Virginia
McGathey, President of McGathey Commodities, Delaney Howell,
Tom Cassidy, and Micheal Clements.
The CME Group hosted eight NAFB broadcasters and NAFB News Service Editor, Micheal Clements, for a half-day intensive training, June 29, to better equip members with a deeper knowledge of how agricultural markets work. The training session provided farm broadcasters knowledge of agricultural futures and options markets mechanics, ability to identify and interpret market movements and trends, expertise to engage producers, marketing specialists and others on ag market movements. In addition to the half-day training, Market Masters participants also had the opportunity to interview brokers and visit the Chicago Board of Trade trading floor, Friday morning, June 30 for the opening bell.
One of the key reasons for participating in Market Masters is to provide NAFB farm broadcasters with a solid foundation from which all other news programming can be anchored. “Price drives most of the decisions, farmers, law makers and consumers make,” states Todd Gleason, Farm Broadcaster with the University of Illinois Extension, and Market Master participant. “Understanding the free market, therefore is vital to accurately assess the reasons behind everything from fungicide applications to feed rations.”
Members participating in Market Masters 2017 were:
Market Masters is presented by CME Group and the NAFB Foundation.
Market Masters 2017 training session. Top L to R Frank Hinrichs, Optiver;
Monte James; John Ricci, Invesco; Eric Baum, Optiver; David Lehman, CME Group;
Chris Grams, CME Group; Pam Jahnke; Tom Gleason; Tim Andriesen, CME Group.
Bottom L to R Micheal Clements; Ben Nuelle; Delaney Howell; George Bower;
Tom Cassidy; Mina Im, CME Group.
Market Masters 2017. L to R Tim Andriesen, CME Group;
Eric Baum, Optiver; Tom Coyle, Nidera; John Ricci, Invesco.