The National Feed Producers Association (ANFACA), which represents a third of the feed produced in Mexico, recently formed a group with the assistance of USSEC. This alliance is aimed at young people in order to involve the next generation that will be in in charge of the member firms. The group is named “Jovenes ANFACA” and it recently organized the Young ANFACA Entrepreneurs Group Global Seminar on Price Management held in Guadalajara, Mexico.
This event was celebrated in the Pan-American Institute of Business Management (IPADE) and over 130 participants attended, representing 8 countries. Most of the delegates were from the feed and livestock sectors, with others coming from related industries such as corn/starch, oilseed crushers, trading firms, seed companies, and financial institutions, including government agencies. Commodity Ingredient & Hedging (CIH) executed the core of hedge-related training and IPADE had two professors address the group on related topics.
The event had several sponsors, including USSEC, CME Group, ANFACA itself, the Jalisco State Agricultural Council (CAJ), Cargill and Hayex Americas, among others.
USSEC Regional Director - Americas Francisco de la Torre and USSEC consultant Gerardo Luna participated in the seminar. During the price management program, Mr. Luna moderated two panel discussions, one of which featured Mr. de la Torre. The panel discussions covered a lot of information and both Mr. de la Torre and Mr. Luna shared their experiences in the private and public sectors and current business occupations. USSEC was repeatedly acknowledged for its continued collaboration with the Jovenes ANFACA project, from inception to its actual execution.