Grain Merchandiser

BENEFITS: EligibleGENERAL SCOPE OF WORKWork closely with Agrex team members and customers in commodity based daily trading activities. Responsible for trading position, developing and supporting relationships with suppliers and end users, maximizing profit for Agrex and adhering to strict business ethics and company policies. Communication with management and understanding strategy while working on implementation throughout trading group. Responsible for daily position limit monitoring and reporting. Assist with execution and trading communication between groups.

RESPONSIBILITIES: LISTED BELOW:• Assist General and Assistant General Manager in daily tasks.• Work closely with management and monitor Daily Position Report (DPR) as well as overall positions and strategy.• Communicate and coordinate process and procedures in place for traders and execution staff. (Paper flow from initial contract to final settlement)• Work closely with other offices to find synergies and trading opportunities.• Originate commodities from Country Elevators and Company owned facilities.• Solicit new business and maintain existing business.• Manage customer and supplier relationships.• Merchandise commodities by both Truck and Rail.• Learn and understand rail rates and programs.• Read and understand trade rules and regulations.• Review credit limits and policies to maintain compliance at all times.• Complete execution records as needed to assist in making grain settlement in a timely manner.• Report accurate and timely grain positions and review reports daily and monthly.• Keep knowledgeable in commodity market intelligence and current supply and demand.• Trade commodities within company position limits and within trading guidelines.• Understand Futures, basis, spreads along with using and understanding risk management skills.• Protect company inventories and grain contracted positions by being properly hedged.• Report to supervisor immediately any breach of position limits, credit, regulatory, or company rules or regulations.