SEMC Trading Contest John Van Sickle, Tim Hewitt & Charlie Forrest Trading Game Rules $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) Trades Made By Teams Team NC State Miss St. Delta Ouachita Ozark Specialist 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 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 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 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 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 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 Ouachita, Univ. of Ark. – $130,202.80 – – – – – Gerald Crossland Jerry Clemons Joe Stuart Mike McCarter Rex Herring Miss. State University - $63,516.00 SEMC4 - $36,024.00 Winning Individuals 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 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 SEMC Trading Contest John VanSickle, Tim Hewitt & Charlie Forrest