UNL Students Will Soon Get an Ag Commodities Trading Room

They will receive real-time commodity marketing experiences and training in markets and merchandising.

Published on: Nov 7, 2013

Gifts made for the trading room will help purchase needed technology such as interactive presentation screens and Smart Boards, projectors and screens, interactive control systems and audio and video equipment. It also provides funds for future updates and software.

"For years to come, this support will ensure students who pursue the commodities trading option receive the education and hands-on experience they need," says Larry Van Tassell, head of the Department of Agricultural Economics.

Supervised by ag economics faculty, the trading room will allow students to develop and test trading strategies, merchandize commodities, and develop risk management plans in a dynamic, real-time learning environment. It will also provide students and faculty the ability to conduct research in these areas.

The trading room will feature individual computer work stations loaded with the latest analytical and simulation software, connected to a market exchange, with each station having multiple monitors. The room will also feature smart boards for instruction on key topics related to commodities trading.

The trading room will also be used for outreach training programs and training events for producers, merchandizers and commodity traders.

Until now, UNL students interested in commodities trading have used marketing simulation games to experience commodities trading. While it provided a good educational experience before, giving students the opportunity to learn in a real-time commodities market with professional analytical software provides better education and makes UNL one of only a few agricultural economics programs offering a commodities trading room for students, Van Tassell says.

The fundraising initiative also includes seeking donations for a permanent endowment that will provide ongoing support for maintaining the trading room as well as provide annual student scholarships and awards for student travel and activities.

To make a gift to the Agricultural Economics Commodities Trading Excellence Fund, go to nufoundation.org/agecon. For information and to learn about other ways to give, contact Ann Bruntz or Kaye Jesske at the University of Nebraska Foundation at 402-458-1100 or 800-432-3216.

Source: University of Nebraska-Lincoln