SEMC Trading Contest

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SEMC Trading Contest
John Van Sickle, Tim Hewitt &
Charlie Forrest
Trading Game Rules
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$10 entry fee, all going to prizes for top individual and top
team.
Top individual is the one that made the most profit (actual
and unrealized) when game ended. All open contracts were
charged a $14.50 closing fee for calculating final profits. A
$1,000 fee was charged for any loan taken.
Top team is the total final profit for the top 4 traders on
each 5 person team.
$15,000 Capital Account established for each trader
$14.50 brokerage fee for each half turn, $29 for each full
turn on each contract.
21 agricultural commodities available for trading
Game began August 1, 2002 and ended September 19,
2002
13 Teams with 65 Traders
7 teams organized from the extension
committees and their colleagues.
 4 teams organized from Arkansas (Tony
Windham)
 1 team organized from Mississippi (Charlie
Forrest)
 1 team organized from North Carolina
(Nick Piggott)
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Trades Made By Teams
Team
 NC State
 Miss St.
 Delta
 Ouachita
 Ozark
 Specialist
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Full Turn
12-103
43-552
32-185
356-1,897
25-26
18-157
Half turn
2-75
5-21
19-122
16-83
0
5-114
Trades Made By Teams
Team
 SEMC1
 SEMC2
 SEMC3
 SEMC4
 SEMC5
 SEMC6
 SEMC7
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Full Turns
3-7
12-57
6-25
5-69
42-82
40-127
10-20
Half Turns
0
2-17
12-45
0
12-25
8-31
3-11
Team Results
Team
 NC State
 Miss St.
 Delta
 Ouachita
 Ozark
 Specialist
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Profits
Top Individual
-$29,142.50
-------$86,000.00
Jim Quinn
-$20,233.10
-------$130,202.80
Joe Stuart
$13,910.75
Blair Griffin
-$2,878.50
-------
Team Results
Team
 SEMC1
 SEMC2
 SEMC3
 SEMC4
 SEMC5
 SEMC6
 SEMC7
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Profits
Top Individual
$3,969.50 Carl Anderson
$5,738.00 Deacue Fields
$0
----------$36,024.00 Max Runge
-$21,429.50 Tony Windham
-$20.50
Mike Sweat
-$10,438.25 ------------
Trades By Top Individual
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Position
L Wheat
S Beans
L Meal
L Oats
L Feeders
L Beans
S Meal
S Feeders
Trades
9
8
12
11
18
12
4
5
Contracts
60
60
112
97
133
106
36
18
Profits
Profits/Trade
$18,329.50
$305.49
$13,207.50
$220.13
$10,664.00
$95.21
$8,974.00
$92.52
$8,198.50
$61.64
$4,177.00 $39.41
$4,010.00
$133.67
$468.00
$26.03
Trades By Top Individual
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Position
L Cattle
L Rice
S Rice
S Corn
S Cattle
S Wheat
L Corn
Trades
8
1
1
10
5
6
22
Contracts
42
5
4
100
19
34
220
Profits
Profits/Trade
$384.00
$9.14
-$299.00
-$59.80
-$299.00
-$74.75
-$925.00
-$9.25
-$3,092.00
-$162.74
-$3,597.00
-$105.79
-$4,884.50
-$22.20
Winning Teams
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Ouachita, Univ. of Ark. – $130,202.80
–
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Gerald Crossland
Jerry Clemons
Joe Stuart
Mike McCarter
Rex Herring
Miss. State University - $63,516.00
 SEMC4 - $36,024.00
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Winning Individuals
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Joe Stuart, Ark – Ouachita Jim Quinn, MS – MissStUniv Max Runge, AL – SEMC4 Jerry Clemons,Ark – Ouachita Brian Atkins, MS – MissStUniv Mike Sweat, FL – SEMC6 Rex Herring, Ark – Ouachita Deacue Fields, AL – SEMC2 Carl Anderson, TX – SEMC1 Steve Murray, MS – MissStUniv -
$84,504.90
$63,516.00
$36,024.00
$34,420.10
$20,494.00
$11,275.00
$11,190.30
$5,738.00
$3,969.50
$1,990.00
Needing the Most Help
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Nick Piggott – Nick went broke twice and
in between talked about how his original
position before going broke was correct
Next Years Game
We hope to begin sooner
 Encourage at least one team from each state
 The game will be newer and have more
(well tested) features.
 $10 entry fee
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SEMC Trading Contest
John VanSickle, Tim Hewitt &
Charlie Forrest
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