CHS Inc., a leading energy, grains and foods company, announced today it has contributed $250,000 for the development of the Commodity Trading Room at North Dakota State University, Fargo, N.D. Equipped with advanced information sources, trading software and analytical tools, the Barry Hall classroom will be a premier teaching facility for commodity marketing, logistics, trading and risk management.
“CHS is pleased to support NDSU’s state of the art Commodity Trading Room, which will serve as an excellent teaching and training platform for the next generation of industry leaders,” says William Nelson, vice president, Corporate Citizenship and president, CHS Foundation.
“NDSU consistently leads the way in providing CHS and the agricultural industry with a reliable source of skilled graduates in a variety of fields such as commodity trading, grain marketing, logistics and risk management,” adds Rick Dusek, merchandising manager, North America. “The Commodity Trading Room will provide hands-on, specialized training to further enhance the caliber of students entering the agricultural workforce.”
The Commodity Trading Room will feature 32 work stations with computers and monitors, large market information displays and tickers and software for trading, commodity logistics, risk analysis and forecasting.
“The development of the Commodity Trading Room is a continuation of NDSU’s commitment to providing top-notch training for students preparing to enter careers within the agricultural industry,” says Ken Grafton, dean, NDSU College of Agriculture, Food Systems and Natural Resources.
The Commodity Training Room will open in July 2012.