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19 April 2018

The University of the Free State invites all Grade 12 learners and their parents to the UFS Open Days. On the Bloemfontein Campus, the Open Day will be held on 12 May 2018, and on the Qwaqwa Campus, Phuthaditjhaba on 26 May 2018.
 
The programme for both Open Days has been streamlined to allow for more time in the faculties in order to gather the necessary academic information. Therefore, there will not be a collective welcoming programme on either campus; however, the academic programme for the respective faculties can be visited DIRECTLY from 09:00. All exhibitions are open from 09:00 till 15:00.

BLOEMFONTEIN CAMPUS OPEN DAY – 12 MAY 2018:


Programme

1. Academic programme in the respective faculties: There will be two welcoming and information sessions by the Dean of each faculty. 

a. Session 1: 09:00–10:00
b. Session 2: 11:00–12:00
c. The venue for each faculty is:
i. Economic and Management Sciences: EMS Auditorium
ii. Education: New Education Auditorium
iii. Health Sciences: Francois Retief Building
iv. Natural and Agricultural Sciences: Callie Human Centre
v. Law: Equitas Building
vi. The Humanities: Odeion
vii. Theology and Religion: Theology Building, Room 21

2. Administrative services in the H van der Merwe Scholtz Hall: Bring your Grade 11 results and a copy of your ID should you wish to apply for 2019 undergraduate studies during the Open Day.
a. Online and hard-copy applications
b. Admissions 
c. General Enquiries
d. UFS Marketing
e. Centre for Teaching and Learning
f. Financial Aid
g. Tuition Fees
h. Housing and Residence Affairs
i. National Benchmark Tests
j. University Access Programmes
k. KovsieGear merchandise 
l. Library and Information Services

3. Student Life programme in front of the Main Building
a. Kovsie2B Social Media
b. Student Life Colleges and Residence Communities exhibitions
c. Arts and Culture
d. Centre for Universal Access and Disability Support (CUADS)
e. Counselling and Development
f. Gender and Sexual Equity Office
g. KovsieSport
h. Student Media
i. Student Wellness and Social Support

4. Student Associations exhibitions at the Thakaneng Bridge
a. Academic associations
b. Charity-based student associations
c. Cultural-based student associations
d. Political associations
e. Religious associations

MEET AND GREET WITH THE RECTOR AND VICE-CHANCELLOR: 

Professor Francis Petersen, Rector and Vice-Chancellor, invites teachers, principals, and parents to engage with him from 12:00 till 14:00, Bloemfontein Campus. If you would like to make use of this opportunity, RSVP by 9 May 2018 to greylinl@ufs.ac.za or bakkese@ufs.ac.za

 

QWAQWA CAMPUS OPEN DAY – 26 MAY 2018:

1. Academic programme in the respective faculties: There will be two welcoming and information sessions by the Assistant Dean of each faculty. 
a. Session 1: 09:00–10:00
b. Session 2: 11:00–12:00
2. Administrative services in the Rolihlahla Mandela Hall: Bring your Grade 11 results and a copy of your ID should you wish to apply for 2019 undergraduate studies during the Open Day.
3. Student Life programme and Student Associations exhibitions. 

MEET AND GREET WITH THE RECTOR AND VICE-CHANCELLOR: 
Professor Francis Petersen, Rector and Vice-Chancellor, invites teachers, principals, and parents to engage with him from 12:00 till 14:00, Qwaqwa Campus. If you would like to make use of this opportunity, RSVP by 23 May 2018 to greylinl@ufs.ac.za or bakkese@ufs.ac.za

GENERAL
Unfortunately no food parcels will be provided to learners. Open Day programmes will be distributed at all entrances on both campuses.
If you require any further information about the Open Days you can contact 051 401 3384/9028. 

2019 APPLICATIONS ARE NOW OPEN
Keep in mind that there are limited spaces in each programme and to avoid disappointment, you are advised to apply as soon as possible. Application to study at the University of the Free State is free. If you want to apply now, click here

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher
2014-09-01

 

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail


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