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Farmetrics(SM) Prediction Market Launches Community Sponsorship Program
Participants Can Donate Reward Points and Bonus Reward Points to Benefit Non-Profit Organizations
| Source: Farmetrics
ST. LOUIS, MO--(Marketwire - April 2, 2008) - Farmetrics(SM), the first prediction market
tailored for U.S. agribusiness, introduces the Farmetrics(SM) Community
Sponsorship Program. The Community Sponsorship Program enables individuals
involved in agriculture and farming to support deserving non-profit
organizations. Information and applications are available from the program
registrar at CommunityDonorProgram@Farmetrics.com.
Participants in the Farmetrics(SM) Prediction Market may earn Reward Points
through accurate predictions and Bonus Reward Points through consistent
participation, which can be donated to eligible and approved non-profit
organizations by electing to participate in the Community Sponsorship
Program. Schools are also eligible to participate in the Community
Sponsorship Program and are eligible to receive donated Points from
participants in the Farmetrics(SM) Prediction Market, including schools
currently involved in the Farmetrics(SM) Educational Program, introduced by
Farmetrics in October 2007. The donated Points are redeemable by the
non-profit organization for award cards to be used as the organization
deems appropriate. The Program has no cost to organizations or
participants.
"The Community Sponsorship Program allows participants to donate their
Reward Points and Bonus Reward Points to worthwhile charitable and
community projects similar to the way that airline and hotel reward
programs allow members to donate their air miles and hotel stays to
non-profit causes," said Dan Erz, Bunge North America Grain Marketing
Specialist. "It takes just five minutes to make predictions that could
benefit the local community."
Participants making accurate predictions can earn Reward Points.
Participants are also eligible to receive Bonus Reward Points for
consistent participation in the Farmetrics(SM) Prediction Market. Reward
Points and Bonus Reward Points earned by participants then can be donated
through the Community Sponsorship Program to a non-profit organization,
which are then deposited into the organization's online account. The
non-profit organization can redeem the Reward Points and Bonus Reward
Points for award cards that can be used to purchase necessary goods and
services.
About the Farmetrics Prediction Market
The Farmetrics(SM) Prediction Market is an innovative way to collect and
share crop information from participants around the country. Using their
knowledge of the agricultural industry, participants submit their
predictions such as local planted acreage, yield and harvest acreage weekly
at the dedicated Web site, https://www.farmetrics.com. This information is
aggregated and shared weekly with participants. Active participants also
may win prizes by accumulating Reward Points. Farmetrics is the first
prediction market tailored exclusively for U.S. agribusiness. There is no
cost to participate or win.
NO PURCHASE NECESSARY TO ENTER OR WIN. VOID WHERE PROHIBITED. The
Community Sponsorship Program ("Program") is open to non-profit
organizations acceptable to Sponsor who are: (i) primarily and
significantly providing services to a predominantly agricultural community
or promoting agriculture as a career or industry; (ii) located in, adjacent
to, or in proximity of a county in which at least one Sub-Contest will be
offered in the current calendar year; and (iii) be organized under the laws
of the fifty United States (including the District of Columbia). Apply to
participate by completing an application form available from the Bunge
Registrar CommunityDonorProgram@Farmetrics.com. The Program begins on April
2, 2008 at 12:01 a.m. Central Time (CT) and will continue until terminated
by Sponsor upon sixty (60) days written notice to all Program participants.
Prizes for non-profit organizations will be the award cards described at
www.farmetrics.com/CommunityProgram/AwardCards. Sponsor: Bunge Global
Markets, Inc., 50 Main Street, White Plains, New York 10606. The odds of
winning depend on the number of eligible entries received and the
predictions entered. For official rules and more details visit:
www.farmetrics.com.