{"id":259,"date":"2014-07-07T18:34:57","date_gmt":"2014-07-07T18:34:57","guid":{"rendered":"https:\/\/blogarchive.utc.edu\/business\/?p=259"},"modified":"2014-07-07T18:34:57","modified_gmt":"2014-07-07T18:34:57","slug":"galtere-ltd-interns-in-preston-mn","status":"publish","type":"post","link":"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/","title":{"rendered":"Galtere Ltd. Interns in Preston, MN"},"content":{"rendered":"

Four UTC Finance students visited New York City and Minnesota this summer as part of an internship program through Galtere, Ltd, the commodities-focused hedge fund of Renee Haugerud. Ms. Haugerud\u2019s support established the Galtere Institute: Finance for the Future Initiative at UTC\u2019s College of Business.\u00a0 The Institute\u2019s mission is to promote the art and science of trading and investing.<\/em><\/p>\n

The blog posts are sent from our interns in New York and Minnesota.\u00a0 Check in during the next few weeks to learn more about their experiences.<\/em><\/p>\n

posted by Nicole Koegel, UTC Finance Major<\/strong>
\n<\/strong><\/p>\n

We spent the last week of our internship in Preston, Minnesota. It is a nice change of pace from The Big Apple. This town is beautiful, quiet and peaceful. The scenery reminds me of home. There is a ton of agriculture all around. We are staying at the Jailhouse Inn which is the house Renee grew up in and it has since been turned into a bed and breakfast.<\/p>\n

During the week we visited Renee\u2019s farm which is run by a father and son team in Minnesota. \u00a0They were kind enough explain the entire process of their business. It is a twofold operation for corn and soybeans. They harvest corn and soybeans to make hog feed as well as harvest the plants themselves to sell in the futures market. These farmers utilize technology to manage the planting process and measure nightly rains.<\/p>\n

We were able to see ALL of their equipment and they explained in detail how each machine works. The farmers shared the cost of carry invoices with us so we could literally see how their business works. After seeing the invoices it is astounding to realize how much input costs for farmers are versus what they are able to sell the finished product for in the futures market.<\/p>\n

One great point the father made at the end of the knowledge session is, \u201cThis is the only business in America where you buy retail on the front end and sell for wholesale on the back end.\u201d What a powerful statement.<\/p>\n

In addition to a visit to an ethanol plant, we heard from a variety of guest speakers during our Minnesota visit:<\/p>\n

    \n
  1. Renee Haugerud<\/li>\n
  2. Crop Insurance Salesmen<\/li>\n
  3. Soil Quality Testers<\/li>\n<\/ol>\n

    The Minnesota aspect of the trip gave insight into how the futures market is able to exist. \u00a0We were exposed to first-hand knowledge that students do not normally have the opportunity to experience. I highly encourage students to take advantage of the opportunity Renee Haugerud has provided exclusively for the University of Tennessee Chattanooga.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Four UTC Finance students visited New York City and Minnesota this summer as part of an internship program through Galtere, Ltd, the commodities-focused hedge fund of Renee Haugerud. Ms. Haugerud\u2019s support established the Galtere Institute: Finance for the Future Initiative at UTC\u2019s College of Business.\u00a0 The Institute\u2019s mission is to promote the art and science… <\/p>\n

    Continue Reading <\/span><\/a><\/span><\/p>\n","protected":false},"author":538,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-259","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"yoast_head":"\nGaltere Ltd. Interns in Preston, MN - Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Galtere Ltd. Interns in Preston, MN - Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025\" \/>\n<meta property=\"og:description\" content=\"Four UTC Finance students visited New York City and Minnesota this summer as part of an internship program through Galtere, Ltd, the commodities-focused hedge fund of Renee Haugerud. Ms. Haugerud\u2019s support established the Galtere Institute: Finance for the Future Initiative at UTC\u2019s College of Business.\u00a0 The Institute\u2019s mission is to promote the art and science… Continue Reading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025\" \/>\n<meta property=\"article:published_time\" content=\"2014-07-07T18:34:57+00:00\" \/>\n<meta name=\"author\" content=\"Nicole Koegel\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nicole Koegel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/2014\\\/07\\\/07\\\/galtere-ltd-interns-in-preston-mn\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/2014\\\/07\\\/07\\\/galtere-ltd-interns-in-preston-mn\\\/\"},\"author\":{\"name\":\"Nicole Koegel\",\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/#\\\/schema\\\/person\\\/7e7fa834014e16f91a86c24727c336ca\"},\"headline\":\"Galtere Ltd. Interns in Preston, MN\",\"datePublished\":\"2014-07-07T18:34:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/2014\\\/07\\\/07\\\/galtere-ltd-interns-in-preston-mn\\\/\"},\"wordCount\":436,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/2014\\\/07\\\/07\\\/galtere-ltd-interns-in-preston-mn\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/2014\\\/07\\\/07\\\/galtere-ltd-interns-in-preston-mn\\\/\",\"url\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/2014\\\/07\\\/07\\\/galtere-ltd-interns-in-preston-mn\\\/\",\"name\":\"Galtere Ltd. Interns in Preston, MN - Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/#website\"},\"datePublished\":\"2014-07-07T18:34:57+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/#\\\/schema\\\/person\\\/7e7fa834014e16f91a86c24727c336ca\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/2014\\\/07\\\/07\\\/galtere-ltd-interns-in-preston-mn\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/2014\\\/07\\\/07\\\/galtere-ltd-interns-in-preston-mn\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/2014\\\/07\\\/07\\\/galtere-ltd-interns-in-preston-mn\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Galtere Ltd. Interns in Preston, MN\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/#website\",\"url\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/\",\"name\":\"Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025\",\"description\":\"News and Information from UTC's Accredited & Ranked B-school\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/#\\\/schema\\\/person\\\/7e7fa834014e16f91a86c24727c336ca\",\"name\":\"Nicole Koegel\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/914eafad32025635728841dbdcc6f02cb11c5b0a54c0a6138926bdde5320a7ae?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/914eafad32025635728841dbdcc6f02cb11c5b0a54c0a6138926bdde5320a7ae?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/914eafad32025635728841dbdcc6f02cb11c5b0a54c0a6138926bdde5320a7ae?s=96&d=mm&r=g\",\"caption\":\"Nicole Koegel\"},\"url\":\"https:\\\/\\\/blogarchive.utc.edu\\\/business\\\/author\\\/sms883\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Galtere Ltd. Interns in Preston, MN - Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Galtere Ltd. Interns in Preston, MN - Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025","og_description":"Four UTC Finance students visited New York City and Minnesota this summer as part of an internship program through Galtere, Ltd, the commodities-focused hedge fund of Renee Haugerud. Ms. Haugerud\u2019s support established the Galtere Institute: Finance for the Future Initiative at UTC\u2019s College of Business.\u00a0 The Institute\u2019s mission is to promote the art and science… Continue Reading","og_url":"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/","og_site_name":"Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025","article_published_time":"2014-07-07T18:34:57+00:00","author":"Nicole Koegel","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Nicole Koegel","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/#article","isPartOf":{"@id":"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/"},"author":{"name":"Nicole Koegel","@id":"https:\/\/blogarchive.utc.edu\/business\/#\/schema\/person\/7e7fa834014e16f91a86c24727c336ca"},"headline":"Galtere Ltd. Interns in Preston, MN","datePublished":"2014-07-07T18:34:57+00:00","mainEntityOfPage":{"@id":"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/"},"wordCount":436,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/","url":"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/","name":"Galtere Ltd. Interns in Preston, MN - Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025","isPartOf":{"@id":"https:\/\/blogarchive.utc.edu\/business\/#website"},"datePublished":"2014-07-07T18:34:57+00:00","author":{"@id":"https:\/\/blogarchive.utc.edu\/business\/#\/schema\/person\/7e7fa834014e16f91a86c24727c336ca"},"breadcrumb":{"@id":"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/blogarchive.utc.edu\/business\/2014\/07\/07\/galtere-ltd-interns-in-preston-mn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blogarchive.utc.edu\/business\/"},{"@type":"ListItem","position":2,"name":"Galtere Ltd. Interns in Preston, MN"}]},{"@type":"WebSite","@id":"https:\/\/blogarchive.utc.edu\/business\/#website","url":"https:\/\/blogarchive.utc.edu\/business\/","name":"Gary W. Rollins College of Business Archive: Jul 2007 - Oct 2025","description":"News and Information from UTC's Accredited & Ranked B-school","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blogarchive.utc.edu\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/blogarchive.utc.edu\/business\/#\/schema\/person\/7e7fa834014e16f91a86c24727c336ca","name":"Nicole Koegel","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/914eafad32025635728841dbdcc6f02cb11c5b0a54c0a6138926bdde5320a7ae?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/914eafad32025635728841dbdcc6f02cb11c5b0a54c0a6138926bdde5320a7ae?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/914eafad32025635728841dbdcc6f02cb11c5b0a54c0a6138926bdde5320a7ae?s=96&d=mm&r=g","caption":"Nicole Koegel"},"url":"https:\/\/blogarchive.utc.edu\/business\/author\/sms883\/"}]}},"_links":{"self":[{"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/posts\/259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/users\/538"}],"replies":[{"embeddable":true,"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/comments?post=259"}],"version-history":[{"count":6,"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/posts\/259\/revisions"}],"predecessor-version":[{"id":266,"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/posts\/259\/revisions\/266"}],"wp:attachment":[{"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/media?parent=259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/categories?post=259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogarchive.utc.edu\/business\/wp-json\/wp\/v2\/tags?post=259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}