MOSCOW, Idaho – The Barker Capital Management and Trading Program’s trading room, located in the University of Idaho’s College of Business and Economics (CBE), will undergo a significant renovation, thanks, in part, to a $250,000 grant from CHS Inc., a global agribusiness based in Inver Grove Heights, Minn.
Combined with other gifts to CBE, $100,000 of the grant will fund the trading room expansion. The remainder of the gift will support three years of program operations and development. New collaborative curriculum will engage and educate students in the College of Agricultural and Life Sciences (CALS).
"We are extremely grateful to CHS Foundation for their generous support of this unique program,” said Mario Reyes, dean of the CBE. “Their gift will allow us to add the space and technology necessary to further position the college as a leader in real-world, hands-on learning in trading and capital management on a national level, and build a bridge between the College of Business and Economics and the College of Agricultural and Life Sciences at the University of Idaho.”
“The support for College of Agricultural and Life Sciences students, faculty and programs provided by CHS mirrors the vital role filled by cooperatives in agriculture,” said CALS Dean John Foltz. “This collaboration is vital to moving agriculture and the university forward to meet the needs of society.”
The Barker Capital Management and Trading Program was founded in 2004 and provides students hands-on education in risk management using market-based solutions, including commodity markets. Unique to the university’s CBE curriculum, students manage portfolios of funds and trade real money in real time.
“We are very grateful to all of our supporters who make the Barker Capital Management Program possible,” said Terry Grieb, Barker Trading Program director. “The Barker Program is an important component of the experiential learning opportunities provided by the College of Business and Economics. Students use our trading room and all of its resources to learn about capital markets and risk management by exploring both theory and real-world application. These gifts are critical to our continued success in delivering the Barker Program.”
Curriculum development and expansion of the program curriculum, as a result of the CHS gift, will provide opportunities for CALS students to learn about trading agriculture commodities and risk management in the agriculture industry.
In addition to the CHS Inc. gift, U.S. Bank and the Barker family have each committed $100,000 toward the renovation of the trading room. The CHS gift comes from both the CHS Foundation and the CHS Corporate Citizenship Program.
“CHS is pleased to support the renovation of the Barker Capital Management’s trading room as well as curriculum development to benefit students at both the College of Business and Economics and the College of Agricultural and Life Sciences,” said William Nelson, vice president, Corporate Citizenship and president, CHS Foundation. “We are gratified to know that this gift will enhance the University of Idaho’s ability to provide exceptional teaching and training for the next generation of leaders within the agricultural industry.”
The CHS Foundation is the major giving entity of CHS Inc., a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. As part of the CHS stewardship focus, the CHS Foundation is committed to investing in the future of rural America, agriculture and cooperative businesses through education and leadership development.