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Prairie Grains
is the
official publication of
the Minnesota
Association of
Wheat Growers,
North Dakota Grain Growers Association,
South Dakota Wheat,
Inc., and the
Minnesota Barley
Growers Association
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Chances are
that youve never attended a marketing workshop put
on by the Minneapolis Grain Exchange, though youd
like to, preferably on a January morning. Thats how the majority
responded in a survey conducted by the MGE last winter of
members of the Minnesota Association of Wheat Growers and
the North Dakota Grain Growers Association. The survey
was distributed through the respective newsletters of the
MAWG and the NDGGA, and a total of 420 members responded.
Of that number, 376 said
they had never attended an MGE marketing workshop.
Further, 227 said they werent actively
participating in the futures and options market, but
would like to. Of the respondents, 293 said they used a
computer for business purposes; 121 at the time did not.
Growers were asked to
rank the type of information they were most interested in
learning. Although there is a general interest to learn
more about marketing, just what is less clear. For
example, the number of growers who were least interested
(80) was almost as great as those who were most
interested (107) in learning how to write a marketing
plan.
Further, there was an
across-the-board level of interest expressed in learning
about basic and advanced futures, basic and advanced
options, and how futures markets complement cash markets.
This is due, perhaps, to an across-the-board knowledge
level about marketing among farmers.
Mock trading got the nod
for preferred learning environment, followed in order by
textbook, lecture, and interactive TV.
Respondents overwhelming
selected January (246) as the best month to hold a
workshop, followed by February (95) and December (47).
Most would prefer to attend a workshop in the morning
(221) rather than the afternoon (134) or evening (44).
Most preferred a one-day workshop over a two or three-day
session, and the majority said that from 25 to 100 miles
is as far as theyd travel to attend a workshop.
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