facebook-24x24

cochran fellowship program
WRITER: Melissa R. Rutter

New Mexico State University’s College of Agricultural, Consumer and Environmental Sciences welcomed eight Cochran Fellows from Malawi, located in southeast Africa to participate in a two-week training program on the commodity exchange market.

The training program, funded by the United States Department of Agriculture and the Foreign Agriculture Service (FAS) is designed to provide the Cochran Fellows an understanding of the basic functioning of exchange markets. Cochran Fellows had the opportunity to gain a working knowledge of commodity exchange markets and find out more about the development of commodity exchanges for cotton and grain. They were shown how farm producers and other stakeholders in the United States manage risk using hedging and options trading.

The fellows had the opportunity to look at cotton grading system in Las Cruces and storage facilities in Las Cruces and Clovis. The fellows participated in the online options trading exercise, watched a live auction market, and visited local farm production, processing and storage facilities. Additionally, the trainees traveled to Chicago to see the live commodity exchange market.

Manoj Shukla, Coordinator of ACES Global Initiative program and Aggies Go Global, and professor of soil physics led the program with faculty from Agricultural Economics and Ag Business. He said as soon as the FAS releases specific learning objectives for a new program, he looks within the department of ACES to see which one can handle that type of training. Shukla pointed to the Cochran Fellowship as a program that matches the university’s goals and provides many benefits for NMSU.

“A program like this benefits the university in multiple ways. The first way is that we are highly interested in a global partnership with different institutions and universities, so having people from Malawi definitely gives us a chance with their country for other projects,” Shukla said. “We also look forward to getting students from Malawi to attend NMSU and maybe some of their faculty members will come here to do master’s or Ph.D. or would want to collaborate with us on any number of projects.”

Jacob Nyirongo, a Cochran Fellow who works with the Farmers Union of Malawi said they had the opportunity to see how things function at the micro and macro level when it comes to the market and commodity exchange in the United States.

“We’ve been able to meet people from corporations and people who are doing farming and acts of trading, Nyirongo said. “We visited a livestock trading and we were exposed to how they trade and how livestock is auctioned off and how they look at livestock. We got to visit a corporation and see how it connects with the farmers and how they trade. It’s a great experience to be involved with. And here in the classroom we go over the theories with the professors on how everything works. There’s been a lot of information and hands-on experience.”

Andrew Chamanza who works in the Malawi Ministry of Agriculture, Irrigation and Water said all the information they learned during the program will be taken back and used to assist in developing a similar system in their country.

“There are a few commodities we’re looking at to help develop a structured system in Malawi,” Chamanza said. “We will be developing our action plans that will go towards accomplishing these goals and strategies and linking them to the issues of finances and how farmers participate in this type of formal market.”

Join GCB Three Times Weekly Updates

Welcome to Three Times Weekly Updates! You will be subscribed to email notifications with links to recently posted articles.
captcha 
You can unsubscribe anytime. We never share or rent your email to anyone.

Fire Alerts

Editor's Note

Check out a new column that will talk about the town of Silver City and its news and services. 

Those new to providing news releases to the Beat are asked to please check out submission guidelines at https://www.grantcountybeat.com/about/submissions. They are for your information to make life easier on the readers, as well as the editor.

Classifieds: Check periodically to see if any news ones have popped up. Welcome to our new version of classified ads.  We invite you our readers to post your own classifieds, which are available for viewing 24/7 and are very reasonable in price, because you do all the work yourselves. A recent classified for a van brought a sale within two days. It's really easy to check to see if there's a classified ad. Just click on Classifieds in the blue menu and the page will open letting you know if there is a classified ad. Remember that your buying classified ads gives you a wide readership, as well as supporting the Beat. Post YOURS for quick results!

Images: We have received complaints about large images blocking parts of other articles. If you encounter this problem, click on the title of the article you want to read and it will take you to that article's page, which shows only that article without any intruders. It's a software problem, not easily fixable, other than showing fewer articles per summary page. If you are a frequent visitor, you might not mind fewer articles per page, but if you only come once in a while, you likely want to see more articles to browse. Write me at editor@grantcountybeat.com to let me know your feelings on this issue. 

Compliance: Because you are an esteemed member of The Grant County Beat readership, be assured that we at the Beat continue to do everything we can to be in full compliance with GDPR and pertinent US law, so that the information you have chosen to give to us cannot be compromised. 

New Columnists: The Beat continues to bring you new columnists.Recent additions  include one about end of life options, Compassionate Care.

The Beat has a column for you gardeners out there. The Grant County Extension Service will bring you monthly columns on gardening issues. The first one posted is on Winterizing your houseplants and patio plants.

The Beat totally appreciates its readers and subscribers!  

WARNING:

All articles and photos indicated by a byline are copyrighted to the author or photographer. You may not use any information found within the articles without asking permission AND giving attribution to the source. Photos can be requested and may incur a nominal fee for use personally or commercially.

NOTE: If an article does not have a byline, it was sent to the Beat and written by someone not affiliated with the Beat

Don't forget to tell advertisers that you saw their ad on the Beat.

Newsletter: If you subscribe to the Join GCB Three Times Weekly Updates option on the left side of this page, you will be subscribed to email notifications with links to recently posted articles.

Here for YOU: Consider the Beat your DAILY newspaper for up-to-date information about Grant County. It's at your fingertips! One Click to Local News.

Feel free to notify editor@grantcountybeat.com, if you notice any problems on the site. Your convenience is my desire for the Beat.

Thanks for your support for and your readership of Grant County's online news source—www.grantcountybeat.com

20191110