Nine members of an international delegation will take part in a course at Southeast Missouri State University and tour Cape Girardeau Sept. 25-28 as part of a U.S. Department of Agriculture program designed to teach them about grain marketing.
The delegates are from six countries: Bulgaria, Colombia, Mexico, Panama, Turkey and Venezuela.
Danny Terry, chairman of Southeast's agriculture department, said the USDA's Cochran Fellowship program provides a source of knowledge the delegates can't get in their home countries.
Said Terry: "A lot of people, particularly Eastern Bloc countries, don't understand how grain prices change. They are used to dictatorial pricing from the top down. It will be my job to teach the delegates the concept of grain pricing."
Before arriving in Cape Girardeau, the group will visit the Chicago Board of Trade and the Chicago Mercantile Exchange and get an overview of the market process.
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