CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, announced it is contributing $2.5 million to support a new center for commodities research at the University of Colorado.

The new center will open in 2012 at the CU Denver Business School. The three-year gift is designed to help establish CU as a global leader in research, education and training in the field of commodities, including agricultural and energy commodities that play an increasingly vital role in the world economy.