Idaho Wheat Commission announces $2 million Endowment to U of I to fund education focused on risk management.
The Idaho Wheat Commission gift will establish an Endowed Chair of Risk Management for existing programs in agricultural commodity and financial risk management and will expand collaboration between the College of Agricultural and Life Sciences (CALS) and the College of Business and Economics (CBE). The two colleges cooperate on the Agricultural Commodity Risk Management Program and the Barker Capital Management and Trading Program.
The new endowed chair will also provide outreach to commodity groups, agribusinesses, producers, financial institutions, market participants, policymakers and others who use active risk management practices.
The person who fills the position will have considerable depth of experience in conducting research related to agricultural commodity and financial security markets on a global, national and regional scale. Future research by the endowed chair could include price forecasting and examining the impacts of changing policies, macroeconomic factors and structural changes in commodity markets on risks encountered throughout the supply chain. No announcement has yet been made about nominees.
