Farmsim is a computerized model of a typical midwest farming operation. All participants in Farmsim begin with identical resources and receive identical information. Each year for ten years you will be asked to make decisions regarding production, marketing and financing for your farming operation. You will have several chances to acquire additional resources. Farmsim will automatically provide you with detailed records of your success. You will be ranked each year according to their final net worth and debt-to-asset ratio. Twenty points will be based on completing Farmsim on time each week (2 points each week), and twenty points can be earned, based on your final ranking for either net worth or debt-to-asset ratio..
Farmsim Explanation (.pdf file)
Farmsim Powerpoint Explanation (.pdf file)