Effective skills in marketing are critical to achieving success in production of diversifed agriculture product. These skills are also critical in selling related goods or services that support these operations. The Saskatchewan Education curriculum Entrepreneurship 30, marketing textbooks, The Western Producer, and other newspapers can be used to support or enhance this module.
This module can also be used to research the careers and occupations related to marketing an agricultural commodity, product, or service.
Suggested time: 10-12 hours
Foundational Objective
Common Essential Learnings Foundational Objective
Other CELs may be emphasized.
|
Learning Objectives |
Notes | |
|
5.1 |
To describe the basic steps involved in marketing an agricultural commodity, product, or service. |
Marketing of any product involves a series of activities. These activities include but are not limited to:
Discuss the various activities involved in marketing. Have students select a product, commodity, or service and describe the various activities that involve marketing at each stage during the production network. Flow charts can be used to ensure that students consider all stages in the processing a value-added product, operating a diversified agriculture operation, or, in providing related good and services. If possible, have students verify their descriptions of marketing activities with processors, producers, or suppliers. |
|
Learning Objectives |
Notes | |
|
5.2 |
To gain first-hand knowledge of how marketing information is used in producing an agricultural commodity, or product, or in providing a service. |
Use a field trip to an auction barn, inland terminal or grain elevator, food or fibre processor, fertilizer or chemical dealer, implement manufacturer, and so on as a real-life introduction to marketing. Prepare hosts ahead of time by discussing the level of students understanding and the kind of information that would be helpful to students. Have students prepare a case history. |
|
5.3 5.4 |
To develop skills in gathering and using current and potential market information. (IL) To develop basic skills in following and analyzing commodities markets. (CCT) |
Current and potential market information is available from a wide variety of sources; however, the usefulness of the information varies widely. For class presentations, contact the local extension agrologist for names of marketing specialists who could discuss marketing systems, as well as the trading of commodities and the futures market. A database for market information is available through Saskatchewan Agriculture and Foods website and FBMInet. Have students select a number of different commodities, products, or services. Compile a list of useful sources of market information including marketing specialists, business centres, Internet addresses, and publications. Using newspapers, commodity reports, radio and television reports or databases, have students select a commodity or product to track over a period of time. Using graph paper, chart the actual cash price and the futures price. Students should be able to follow the "basis," the difference between the cash price and the futures price, as it widens and narrows. Using this experience, students will learn to determine a good basis that signals that exporters or processors are short of supply and want a commodity (called a rally) or whether there is a slump in the market. Have students look for price increases at certain times of the year such as December/January, March/April, and June/July. For each of the products such as canola, have students research competing products (e.g., soybeans) and check out supply and demand. |
|
Learning Objectives |
Notes | |
|
5.5 |
To identify and assess the suitability of different kinds of markets. |
There a number of ways to market a value-added product, diversified agricultural commodity, or related goods and service. Identify and discuss the variety of marketing strategies including:
Have students compare and contrast the different marketing systems and provide examples of value-added products, diversified agricultural commodities, or related service which are most suited to each kind of marketing system. |
|
5.6 |
To identify local, national, and international markets for agricultural products, commodities, or related goods and services. |
Producers and processors market Saskatchewans agricultural products, commodities, and related goods and services around the world as well as locally and nationally. Use students knowledge to identify some well-known markets for agricultural commodities and products. Expand this knowledge to include specialized markets, new and emerging markets, and niche markets. Contact the Industry Development Branch of Saskatchewan Agriculture and Food for information on identifying local, national, and international markets. Have students identify the local, national, and international markets for at least five different commodities, products, or related goods and services. |
|
5.7 |
To develop marketing strategies. |
Producers and processors develop plans on how they will market a product, commodity, or goods and services. These plans, known as marketing strategies, need to respond and adapt to changes in supply and demand as well as production costs. Have students develop a marketing strategy for a product, commodity, or related goods and services. Have students suggest the changes they would make to their strategy when there are changes in supply and demand or increases in production costs. |
|
Learning Objectives |
Notes | |
|
5.8 |
To examine the characteristics of effective marketing strategies including advertising and promotion, packaging, and labelling. |
Discuss the role of consumer preference in determining marketing strategies. Have students visit a grocery store or specialty shop and note the trends in advertising and promotion, packaging, and labelling. As a class, identify the characteristics of effective marketing strategies. Compare these characteristics with the marketing plans that the students have developed. |
Assuring the quality of a service, product, or commodity is an important component to value-added agriculture, diversified agriculture, or a related service.
Suggested time: 5-7 hours
Foundational Objective
Common Essential Learnings Foundational Objective
Other CELs may be emphasized.
Career exploration in all sectors of agriculture should be incorporated throughout the entire course. This module can be used as a guideline for career development throughout all modules.
Suggested time: 3-5 hours
Foundational Objective
Common Essential Learnings Foundational Objective
Other CELs may be emphasized.