31
THE FARMING GAME

THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

Embed Size (px)

Citation preview

Page 1: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

THE FARMING GAME

Page 2: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

Farming Game Instructions

• Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska. You have just selected a 160 acre farm along the Platte River, which you will farm for three years -- 1885, 1886, and 1887. You have purchased all the necessary farm equipment and you have come west on the Union Pacific Railroad. Your homestead is one of the first in this area. You selected it because you may graze your livestock on public land at no cost. But you can only plant up to 3 different crops in one year.

• In addition to your equipment, you have $1500 to start your farm. You must not invest $300 which you will need to live on, and $200 which you must have at the end of the year to ship your crops.

Page 3: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• As you begin the game, you have $1000 to invest in crops or livestock. Listed on the scoring sheet is the cost-per-acre for each crop. You may also spend some of your money for livestock. The scoring sheet lists the price per animal. Animals may be grazed on public land at no cost. All costs, such as seed, labor, supplies, taxes, and maintenance are included in your cost per acre, or per animal

Page 4: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• To begin the game, look at the sheet entitled "Farming Game 1885-1887." On the line at, the top fill in $ 1000 as your capital and the year 1885. Then, select which crop, or crops, you wish to plant. For example: if you plant 160 acres of corn and use all your land, the cost will be 160 x $5 = $800. You will have $200 left to invest in livestock. If you select cattle and spend your remaining $200, you may purchase 20 cows (20 cows x $10 each = $200).

Page 5: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• Figuring your Profits: When everyone in the class has spent their capital, the teacher will read/post the rate of investment returns (the amount you will multiply times the amount you invested in a crop). For example: if you spent $200 on cattle and the 1885 investment return for cattle was 1, you would multiply $200 x 1 = $200 = zero profit.

Page 6: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• When you have calculated your profit or loss on each investment, total them. This becomes your capital for the year 1886. In the earlier example, the total profit made for 1885 for raising corn and cattle (corn $1600 and cattle $200) was $1800. Using the amount on your Total Profits line for 1885, allocate your money for the year 1886. Be sure to subtract the $500 needed for living expenses and -shipping costs. Do the same for 1887.

Page 7: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• Lets do the Practice Sheet together!!

• Step 1: Fill in $1,000 to your Capital for the year 1885– Remember it is only $1,000 b/c $300

goes for cost of living & $200 for the transportation of your goods

Page 8: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• Step 2: Now lets decide what we are going to buy– Remember we can only plant 160 acres

and each crop comes in 10 acre units and we can only plant up to three crops

– Lets go with 100 acres of Corn & 60 acres of Barley

– Remember to draw your crops on your plot of land

Page 9: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• Step 3: Figure out how much money you have spent on crops (to decide if you want to spend any on livestock)– 100 acres of Corn at $5 an acre = ?

• $500

– 60 acres of Barley at $2 an acre = ?• $120

– How much money have we spent of our $1000?• $620• Leaving $380 for livestock

Page 10: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• Step 4: Do you want to buy any livestock with the left over money? Or save the money for the next year?– If you want to buy livestock this is what

you do:• buy 38 cattle at $10 per animal (using all of

you $380)

– If you don’t want to buy livestock you place your left over money on the savings line

Page 11: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• Step 5: Calculate the total amount of money you have spent for the year– Total Cost of Crop + Total Cost of

Animals + Cost of Living + Cost of Transportation + Savings = Total

– That whole column should total to $1500• Your Total for the year should be $500 more

than your Capital at the beginning of the year

Page 12: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• Step 6: Fill in the Investment Return Column– I will give you the investment returns

for each crop and livestock and you will fill them in

Page 13: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

Investment Returns for 1885

– Corn – 1– Beans – 2 – Wheat – 3 – Barley – 1 – Oats - .5 – Field Hay – 7 – Tobacco - .3 – Field Peas – 2

– Cattle – 1– Sheep – 2 – Hogs – 1

• Fill these numbers into the Investment Return column for 1885

Page 14: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• Step 7: Figure out your profits for each crop and the year– Multiply your total cost of crop and your

investment return to get your total• $500 x 1 = $500• $120 x 1 = $120• $380 x 1 = $380

– Next add your Profits Column to get your total profits for the year

• $500 + $120 + $380 = $1000• This is how much money you have to start your next

year • Remember that when you start your next year you

need to subtract your cost of living & transportation ($500) from your total profits

• SO you are actually starting the year with $500 (that is what you will put on the Capital line for the year 1886)

Page 15: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

• ANY QUESTIONS????????

• NOW LETS START & MAKE SOME $$$$$$$$$$

Page 16: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1885

• Fill in your Capital and decide what you want to put your money into.– Remember you start with $1500, but

really you put $1000 on your Capital line b/c you have to subtract your cost of living & transportation costs

– You need to fill out the Number of Acres Planted/Number of Animals column

– You need to fill out the Total Cost of Crop/Total Cost of Animals column• This column should add up to what you

started the year with ($1500)

Page 17: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1885…

• A serious lack of early spring rain in May almost destroyed the wheat, barley, and oat crop in central Nebraska. The prices paid for corn, beans, field peas, and tobacco are up because of drought east of the Mississippi. Cattle prices are depressed because of large herds of range stock being sold in Texas. The price for sheep is up and the price paid for hogs is at an all-time high.

Page 18: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1885 Investment Returns

• Corn – 2 • Beans – 3 • Wheat – 1• Barley – 1 • Oats – 1 • Field Hay – 2• Tobacco – 2 • Field Peas – 2

• Cattle – 1 • Sheep – 2 • Hogs – 3

– Fill these into the Investment Return Column

Page 19: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1885

• Now figure out your profits!!– Remember to multiply your Total Cost of

Crop/Total Cost of Animals column and the Investment Return Column.

– Fill in your Profits Column and then add all your Profits together• If you had any money in savings remember to

add that into your profits too

– Any Questions?– Make sure you have done EVERYTHING

correctly before we move onto the next year!!!

Page 20: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1886• Fill in your Capital and decide what you

want to put your money into.– Remember you start with $500 less than your

profits from 1885 b/c you have to subtract your cost of living & transportation costs

– You need to fill out the Number of Acres Planted/Number of Animals column

– You need to multiply your Number of Acres/Number of Animals column by the Cost per Acre/Cost per Animal column to figure out the Total Cost of Crop/Total Cost of Animals column

– Your Total Amount Spent for the year should equal your profit from the previous year (double check your work!!!!)

Page 21: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1886…

• The coldest winter in history with temperatures 60 degrees below zero destroyed most of the cattle and hogs. Sheep prices are high. Abundant spring and summer rain throughout most of the state has produced excellent crops. The price of corn, wheat, barley, and oats is good and the price of tobacco and field peas remains the same. The bean crop has produced a small yield because of late frost and the field hay prices are depressed because of limited demand for hay.

Page 22: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1886 Investment Returns

• Corn – 1.5• Beans – 1.5• Wheat – 2• Barley – 1.5• Oats – 1• Field Hay – 2 • Tobacco – 1• Field Peas – 1

• Cattle – 0 • Sheep – 3 • Hogs – 0

– Fill these into the Investment Return Column

Page 23: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1886

• Now figure out your profits!!– Remember to multiply your Total Cost of

Crop/Total Cost of Animals column and the Investment Return Column.

– Fill in your Profits Column and then add all your Profits together

• If you had any money in savings remember to add that into your profits too

– Any Questions?– Make sure you have done EVERYTHING

correctly before we move onto the next year!!!

Page 24: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1887

• Fill in your Capital and decide what you want to put your money into.– Remember you start with $500 less than your

profits from 1885 b/c you have to subtract your cost of living & transportation costs

– You need to fill out the Number of Acres Planted/Number of Animals column

– You need to multiply your Number of Acres/Number of Animals column by the Cost per Acre/Cost per Animal column to figure out the Total Cost of Crop/Total Cost of Animals column

– Your Total Amount Spent for the year should equal your profit from the previous year (double check your work!!!!)

Page 25: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1887…

• Nature deals a crushing blow to farmers in Nebraska. After a hot, dry spring with little rain, a plague of grasshoppers infested the crops. Most crops are badly damaged. Cattle prices are very good, as the range herds have not yet recovered from the killing winter of 86. Sheep prices are depressed but hog prices are very good.

Page 26: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1887 Investment Returns

• Corn - .5 • Beans - .5• Wheat – 0 • Barley – 1 • Oats – 1 • Field Hay - .5 • Tobacco – 0 • Field Peas – 1

• Cattle – 1.5 • Sheep - .5• Hogs – 2

– Fill these into the Investment Return Column

Page 27: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1887

• Now figure out your profits!!– Remember to multiply your Total Cost of

Crop/Total Cost of Animals column and the Investment Return Column.

– Fill in your Profits Column and then add all your Profits together

• If you had any money in savings remember to add that into your profits too

– Any Questions?– Make sure you have done EVERYTHING

correctly before we move onto the next year!!!

Page 28: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1888 (the last year)

• Fill in your Capital and decide what you want to put your money into.– Remember you start with $500 less than your

profits from 1885 b/c you have to subtract your cost of living & transportation costs

– You need to fill out the Number of Acres Planted/Number of Animals column

– You need to multiply your Number of Acres/Number of Animals column by the Cost per Acre/Cost per Animal column to figure out the Total Cost of Crop/Total Cost of Animals column

– Your Total Amount Spent for the year should equal your profit from the previous year (double check your work!!!!)

Page 29: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1888…

• The unpredictable Platte River floods the farm land as unusually large snowfall in the Mountains melt. Only field peas, planted late have a decent return. Cattle, being stupid, drown themselves trying to feed. Sheep prices are up and hog prices drop.

Page 30: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1888 Investment Returns

• Corn – 1 • Beans – 1 • Wheat – 1 • Barley – 1.5• Oats – 1.5• Field Hay – 1 • Tobacco - .5 • Field Peas – 3

• Cattle - .5• Sheep – 2.5• Hogs – 1

– Fill these into the Investment Return Column

Page 31: THE FARMING GAME. Farming Game Instructions Student Directions: You are to assume the role of a farm family who has just homesteaded land in central Nebraska

1888

• Now figure out your profits!!– Remember to multiply your Total Cost of

Crop/Total Cost of Animals column and the Investment Return Column.

– Fill in your Profits Column and then add all your Profits together• If you had any money in savings remember to

add that into your profits too

– Any Questions?• Who made the most money??????????