One of the most interesting aspects of my job is meeting interesting people from all parts of the world. Last week I only had to travel as far as Kansas City to meet nearly two dozen African ministers of trade, commerce, and agriculture for a visit to the Kansas City Board of Trade as part of the African Growth and Opportunity Act Forum.
As agriculture plays a key role in African development, governments have a crucial role to play in ensuring a favorable market climate for their farmers and agricultural products. The ministers learned about the Board of Trade’s day-to-day exchange operations, where hard red winter wheat is bought and sold in the futures market. We took a tour of the trading floor to see traders in action and also met with researchers at some of America’s premier land grant universities to learn how they provide farmers and USDA with valuable research and new technologies. Read more »