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Sep 10

Commodities trader off to Mozambique

MONTICELLO A Monticello commodities trader left Saturday for two weeks in Mozambique.

While in the east African country, Jim Traub will work as a volunteer for CNFA to establish a small-scale soybean processing line there.

Traub doesn't know yet exactly what that will involve, but he believes soybeans can be used to improve the diets of people there.

"We can raise the protein in their diets with soybean powder," he said. "It's very simple. It will not take a lot of money."

Traub will be working with the Faculty of Agriculture, a university in the city of Cuamba in northeast Mozambique. The university has a 740-acre farm that grows mainly corn and has some livestock.

The university is interested in establishing a soybean processing line, and Traub will develop a feasibility study for income generation related to that.

He'll do that as a volunteer for CNFA, a nonprofit group formerly known as the Citizens Network for Foreign Affairs.

The group, which eventually adopted the acronym as its name, aims to bring economic growth to less-developed parts of the world through entrepreneurship and market development. Traub will be working in its Farmer to Farmer program.

Traub, 66, learned of the opportunity from a fraternity brother who took part in a similar program elsewhere. Traub applied to CNFA in May and was accepted in late June.

CNFA will cover his travel expenses and provide housing.

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Commodities trader off to Mozambique

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