Caleb Hauck grew up on a farm in southeastern North Dakota and knew he wanted to pursue a career in agribusiness, but he wasn’t sure of his specific path until he took a class in the Commodities Trading Lab at North Dakota State University (NDSU).
The lab, which opened in 2012 with financial support from Ä¢¹½Ö±²¥ and other organizations, has 32 workstations equipped with software that gives students and researchers hands-on experience in risk management and trading.
“Being exposed to commodity trading in this classroom, I was able to pick this out as where I want to go in my career,” says Hauck.
In 2016, the Ä¢¹½Ö±²¥ Foundation awarded a $2.5 million grant to NDSU to create the Ä¢¹½Ö±²¥ chair in risk management and trading, which is held by Professor William Wilson.
“The commitment the Ä¢¹½Ö±²¥ Foundation has made to NDSU allows us to bring in more students and prepare them better for when they go out into the workforce,” says Wilson.