Grain Merchandiser

3 weeks ago


Chancellor, South Dakota, United States POET Full time
{"title": "Grain Merchandiser", "description": "Job Summary

POET Grain is a leader in the grain markets, buying nearly a billion bushels of grain annually from over 40,000 local farmers. As a Grain Merchandiser, you will have the chance to work directly with some of America's best farmers, commercial grain companies, and look for other grain merchandising opportunities in our draw areas.

Key Responsibilities
  • Procure grain supplies through the purchase of grain from producers and commercial accounts.
  • Seek out new potential customers for POET via phone, traveling to farms, and holding various types of meetings in a variety of venues.
  • Manage and keep current customer database.
  • Analyze local supply/demand, competition, crop and market conditions (including carry/inverted markets) to buy grain at optimum price levels.
  • Monitor competitiveness of cash bids within the local trade area.
  • Maintain familiarity with fundamental and technical market factors in order to speak intelligently about market outlook and share with the grain team and customers.
  • Maintain reports detailing customer volumes and marketing trends.
  • Gather market intelligence on competitor activities and share with grain team.
  • Develop arbitrage/merchandising opportunities for grain.
  • Initiate contractual agreements for grain and ensure the accuracy of contracts.
  • Hedge all grain purchases in coordination with POET Grain policies.
  • Maintain all grain records in an audit-ready status.
  • Update grain bids on web pages, apps, and after-hours phone lines daily.
  • Foster a culture of safe behavior and environmental compliance at all times.
Requirements
  • Bachelor's Degree in ag business, marketing, animal science, or related field or have 3-5 years of grain merchandising/origination/advisory experience.
  • Bonus points: a demonstrated background of success.
What We Offer
  • Attractive relocation assistance and bonus programs for qualifying positions and/or locations.
  • Competitive pay, including shift premium pay for qualifying positions.
  • Quarterly profit-sharing bonuses, and bi-annual incentive bonuses.
  • Individual and family plans for health, dental, & vision insurance, including a generous employer Health Savings Account contribution.
  • Paid parental leave.
  • A multifaceted wellness program encompassing the whole person mentally, physically, and spiritually.
  • Onsite fitness centers or fitness reimbursements.
  • 401K with company match.
  • Paid time off and paid holidays.
  • Tuition reimbursement.
  • Excellent work-life balance with a 'family-first' culture.
  • Safety and cold weather gear reimbursements.
  • Discounted home and auto insurance.
About POET

At POET, it is our mission to be good stewards of the Earth by converting renewable resources to energy and other valuable goods as effectively as humanly possible. For over thirty years, our drive and passion to change the world have enabled us to become the largest producer and marketer of bioethanol and leader in bio-based products in the world.

We believe in developing our team members to their highest potential and recognizing contributions that add value to the organization. Each new team member's position and compensation are carefully determined by considering their unique qualifications and skillset.

We are an Equal Opportunity Employer (EOE). We comply with all applicable federal, state, and local laws regarding hiring and employment. Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or veteran status.

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