1. SEMC Trading Contest John Van Sickle, Tim Hewitt & Charlie Forrest

2. Trading Game Rules $10 entry fee, all going to prizes for top individual and top team. $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 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. 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 $15,000 Capital Account established for each trader $14.50 brokerage fee for each half turn, $29 for each full turn on each contract. $14.50 brokerage fee for each half turn, $29 for each full turn on each contract. 21 agricultural commodities available for trading 21 agricultural commodities available for trading Game began August 1, 2002 and ended September 19, 2002 Game began August 1, 2002 and ended September 19, 2002

3. 13 Teams with 65 Traders 7 teams organized from the extension committees and their colleagues. 7 teams organized from the extension committees and their colleagues. 4 teams organized from Arkansas (Tony Windham) 4 teams organized from Arkansas (Tony Windham) 1 team organized from Mississippi (Charlie Forrest) 1 team organized from Mississippi (Charlie Forrest) 1 team organized from North Carolina (Nick Piggott) 1 team organized from North Carolina (Nick Piggott)

4. Trades Made By Teams TeamFull TurnHalf turn TeamFull TurnHalf turn NC State12-1032-75 NC State12-1032-75 Miss St.43-5525-21 Miss St.43-5525-21 Delta32-18519-122 Delta32-18519-122 Ouachita356-1,89716-83 Ouachita356-1,89716-83 Ozark25-260 Ozark25-260 Specialist18-1575-114 Specialist18-1575-114

5. Trades Made By Teams TeamFull TurnsHalf Turns TeamFull TurnsHalf Turns SEMC1 3-70 SEMC1 3-70 SEMC212-572-17 SEMC212-572-17 SEMC36-2512-45 SEMC36-2512-45 SEMC45-690 SEMC45-690 SEMC542-8212-25 SEMC542-8212-25 SEMC640-1278-31 SEMC640-1278-31 SEMC710-203-11 SEMC710-203-11

6. Team Results TeamProfitsTop Individual TeamProfitsTop Individual NC State-$29,142.50-------- NC State-$29,142.50-------- Miss St. $86,000.00Jim Quinn Miss St. $86,000.00Jim Quinn Delta-$20,233.10-------- Delta-$20,233.10-------- Ouachita$130,202.80Joe Stuart Ouachita$130,202.80Joe Stuart Ozark $13,910.75Blair Griffin Ozark $13,910.75Blair Griffin Specialist -$2,878.50------- Specialist -$2,878.50-------

7. Team Results TeamProfitsTop Individual TeamProfitsTop Individual SEMC1 $3,969.50 Carl Anderson SEMC1 $3,969.50 Carl Anderson SEMC2$5,738.00 Deacue Fields SEMC2$5,738.00 Deacue Fields SEMC3$0 ----------- SEMC3$0 ----------- SEMC4$36,024.00 Max Runge SEMC4$36,024.00 Max Runge SEMC5-$21,429.50 Tony Windham SEMC5-$21,429.50 Tony Windham SEMC6-$20.50 Mike Sweat SEMC6-$20.50 Mike Sweat SEMC7-$10,438.25 ------------ SEMC7-$10,438.25 ------------

8. Trades By Top Individual PositionTradesContractsProfits Profits/Trade PositionTradesContractsProfits Profits/Trade L Wheat 9 60$18,329.50$305.49 L Wheat 9 60$18,329.50$305.49 S Beans8 60$13,207.50$220.13 S Beans8 60$13,207.50$220.13 L Meal12 112$10,664.00$95.21 L Meal12 112$10,664.00$95.21 L Oats11 97 $8,974.00$92.52 L Oats11 97 $8,974.00$92.52 L Feeders18 133 $8,198.50$61.64 L Feeders18 133 $8,198.50$61.64 L Beans12 106 $4,177.00$39.41 L Beans12 106 $4,177.00$39.41 S Meal 4 36 $4,010.00$133.67 S Meal 4 36 $4,010.00$133.67 S Feeders 5 18 $468.00 $26.03 S Feeders 5 18 $468.00 $26.03

9. Trades By Top Individual PositionTradesContractsProfits Profits/Trade PositionTradesContractsProfits Profits/Trade L Cattle 8 42$384.00 $9.14 L Cattle 8 42$384.00 $9.14 L Rice 1 5-$299.00-$59.80 L Rice 1 5-$299.00-$59.80 S Rice 1 4-$299.00-$74.75 S Rice 1 4-$299.00-$74.75 S Corn10 100-$925.00-$9.25 S Corn10 100-$925.00-$9.25 S Cattle 5 19-$3,092.00-$162.74 S Cattle 5 19-$3,092.00-$162.74 S Wheat 6 34-$3,597.00-$105.79 S Wheat 6 34-$3,597.00-$105.79 L Corn22220-$4,884.50-$22.20 L Corn22220-$4,884.50-$22.20

10. Winning Teams Ouachita, Univ. of Ark. – $130,202.80 Ouachita, Univ. of Ark. – $130,202.80 – Gerald Crossland – Jerry Clemons – Joe Stuart – Mike McCarter – Rex Herring Miss. State University - $63,516.00 Miss. State University - $63,516.00 SEMC4 - $36,024.00 SEMC4 - $36,024.00

11. Winning Individuals Joe Stuart, Ark – Ouachita - $84,504.90 Joe Stuart, Ark – Ouachita - $84,504.90 Jim Quinn, MS – MissStUniv - $63,516.00 Jim Quinn, MS – MissStUniv - $63,516.00 Max Runge, AL – SEMC4 - $36,024.00 Max Runge, AL – SEMC4 - $36,024.00 Jerry Clemons,Ark – Ouachita - $34,420.10 Jerry Clemons,Ark – Ouachita - $34,420.10 Brian Atkins, MS – MissStUniv - $20,494.00 Brian Atkins, MS – MissStUniv - $20,494.00 Mike Sweat, FL – SEMC6 - $11,275.00 Mike Sweat, FL – SEMC6 - $11,275.00 Rex Herring, Ark – Ouachita - $11,190.30 Rex Herring, Ark – Ouachita - $11,190.30 Deacue Fields, AL – SEMC2 - $5,738.00 Deacue Fields, AL – SEMC2 - $5,738.00 Carl Anderson, TX – SEMC1 - $3,969.50 Carl Anderson, TX – SEMC1 - $3,969.50 Steve Murray, MS – MissStUniv - $1,990.00 Steve Murray, MS – MissStUniv - $1,990.00

12. Needing the Most Help Needing the Most Help Nick Piggott – Nick went broke twice and in between talked about how his original position before going broke was correct Nick Piggott – Nick went broke twice and in between talked about how his original position before going broke was correct

13. Next Years Game We hope to begin sooner We hope to begin sooner Encourage at least one team from each state Encourage at least one team from each state The game will be newer and have more (well tested) features. The game will be newer and have more (well tested) features. $10 entry fee $10 entry fee

14. SEMC Trading Contest John VanSickle, Tim Hewitt & Charlie Forrest