This week, the U.S. Grains Council is hosting a group of feed millers, grain traders, swine and poultry producers and procurement managers from Mexico in the U.S. as they take a grain procurement and purchasing course through Kansas State University’s International Grains Program (IGP).
This course aims to train the group on the mechanics of purchasing raw materials and offer information on the U.S. marketing system, including quality, logistics, contracts arbitration and futures markets.
“All members of the Mexican team are new to this type of course and are excited to learn about transportation, grain quality, hedging, risk management, logistics, futures and options, so when they get back home, they will put into practice what they learned,” said Patricia Esqueda, USGC senior marketing specialist in Mexico.
In addition to the IGP course, the group had the opportunity to learn more about grain procurement by meeting with those who are a part of the value chain. The delegation visited a farm and a grain terminal while in Kansas, enhancing the knowledge gained in the classroom.
U.S. Grains Council
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