MANHATTAN, KANSAS, U.S. — Expanding the understanding of U.S. grain markets for traders, importers and end-users from China was the focus of U.S. Grains Council (USGC) China Trade Team offering held on Sept. 2.
Participants had an opportunity to learn about U.S. operations, including basis trading and hedging.
“This one-day course hosted six participants from China who were interested in learning more about U.S. futures markets and basis trading,” said Guy Allen, IGP Institute senior agricultural economist. “We also had an opportunity to speak with them on the U.S. supply chain. This was an important course as they can use these tools to help their procurement of international grain particularly from the U.S.”