Using a cooperative approach to market prediction information - based on the knowledge of participating members - Farmetrics provides the first prediction market tailored for U.S. agribusiness, and enables participants to learn more about local, state and national crop conditions.
Using their knowledge and expertise in the ag industry, participants submit predictions for local planted acreage, yield and harvested acreage at www.farmetrics.com. These predictions are gathered and shared weekly with participants, as specifically as the county level.
There is no cost to participate, but those involved can earn reward points redeemable for prizes at an on-line catalog.
Currently Farmetrics is involved with corn, wheat, cotton and soybeans, but additional crops are being considered, along with message boards and discussion forums for idea exchange.
To register, and learn more about Farmetrics, visit www.farmetrics.com.