May 5, 2016
Lincoln, Neb. — The Department of Agricultural Economics at the University of Nebraska–Lincoln invites the public to visit their new, expanded commodity trading room. An open house will be held on May 5 from 2-4 p.m. in 105 Filley Hall.
The space is designed to give students real-time commodity marketing experience and advanced training in markets, merchandising, futures and options. Students are able to develop and test trading strategies, merchandise commodities and develop risk management plans in a dynamic real-time learning environment.
“The more realistic the educational environment, the more relevant the education will be,” said Larry Van Tassell, head of the Department of Agricultural Economics. “In short, it gives our students a real-time education.”
The trading room features individual computer workstations loaded with the latest analytical and simulation software, connected to a market exchange, with each station having multiple monitors. The room also features smart boards for instruction on key topics related to commodities trading.
Outreach trading programs and training for producers, merchandisers and commodity traders will also be held in the trading room.
University corporate partners were especially helpful in funding the new facility, with funds going to purchase needed technology and future updates and software. Organizations providing support include the CHS Foundation, CoBank, Archer Daniels Midland Company, Cargill, Nebraska Soybean Board, Nebraska Corn Board, Lansing Trade Group, The Andersons Inc. Charitable Foundation, The Scouler Foundation, Ag Processing, Inc. and the Nebraska Wheat Board.
Department of Agricultural Economics