Farmetrics introduces the first prediction market tailored for U.S. agribusiness that enables participants to learn more about their local, state and national crop conditions.

Farmetrics introduces the first prediction market tailored for U.S. agribusiness that enables participants to learn more about their local, state and national crop conditions.

Participants submit predictions, which are posted weekly, for local planted acreage, yield and harvested acreage at www.farmetrics.com.

"Gaining real-time, more accurate information about local crop conditions is vital to U.S. agribusiness," says Bill Towles, who manages farmer focus programs for the Web site's sponsor, Bunge Global Markets, Inc.