Course Details:
Dates: September 8 - 17, 2025
Location: Northern Crops Institute and others
Course Overview:
This eight-day course focuses on the mechanics of grain merchandising, and is designed to educate individuals who are responsible for purchasing grain. Academic and commodity trade authorities lecture on cash and futures markets, and grain merchandisers guide you through the full complexity of the international grain markets. The course provides an overview of the U.S. grain handling and marketing system and the risk management tools available to assists buyers in purchasing U.S. grain that meets their quality needs at the best value. This course is led by William Wilson, Ph.D., Distinguished Professor, AES Agribusiness and Applied Economics and an expert in commodity futures trading and consultant to the international grain and food processing industries.
Daily lectures and exercises will be held both at NCI and in the NDSU Commodity Trading Room, a world-class training facility of the Agribusiness and Applied Economics Department at North Dakota State University (NDSU). The high-tech room has 32 seats, each with a computer that receives live information feeds for financial information including equities and credit, plus commodity market information such as agriculture, energy and biofuels.
The group travels to Duluth, Minnesota to meet with the Duluth Seaway Port Authority and tour the CHS Export Grain Terminal, and then to Minneapolis to meet with experts in the grain trade, and tour the CHS barge loading facility.
Objectives:
- Learn from experts from both academic and commodity industry professionals on cash and futures markets.
- Meet with grain merchandisers and hear of their experiences in dealing with the complexity of the international grain markets.
- Share day-to-day experiences with colleagues from other countries and U.S. grain merchants.
- Experience the U.S. grain handling system through tours of a farm, a country elevator, and export grain terminal.
- Participate in trading exercises in the world-class, NDSU Commodity Trading Room.
Who Should Attend?
International grain buyers associated with private trading companies, milling, feed manufacturing and food processing. Anyone with interest in importing grain from the United States.
Registration Information:
• Registration Fee: $2,200
• Registration Deadline: August 8, 2025