Market Analyst / Grain Procurement Merchandiser
Location: Mitchell, South Dakota
Posted: May 25, 2018
Reference ID: 11661BR
CHS has an exciting opportunity in our Country Operations Division located at CHS Farmers Alliance in Mitchell SD. We are looking for a Market Analyst / Grain Procurement Merchandiser. You will work extensively with producers in procuring grain and managing risk. You must be able to make decisions, work independently, and be detail oriented with excellent communication skills, both verbal and written. This opportunity has growth potential and offers mobility within CHS.
•Manage the operations of the CHS Hedging Branch Office, working closely with CHS Hedging at our corporate office and the Grain Manager at CHS Farmers Alliance.
•Procure grain from local producers and conduct cold calls to generate new business to grow market share.
•Work with producers on a daily basis, updating them on market and industry trends, current grain quotes, grain programs, and create marketing plans
•Research and conduct market analysis of all commodities to support the hedging and trading decisions which maximizes profit potential while effectively managing risk of our customer base in commercial and production agriculture.
•Develop opportunities in hedging, basis trading, farmer programs, government programs and transportation planning.
•Complete daily position reports (DPR) and hedging & marketing the grain position in the absence of the Grain Manager.
•Enhance the value proposition our Co-op delivers to customers by successfully executing market risk management tools and services for our patrons.
•Collaborate across the organization to exchange information. (i.e. grain merchandisers, grain buyers, the hedge desk, office staff and accounting)
•Report and type all purchasing contracts quickly and accurately.
•Utilize the brokerage software system to assist in daily accounting of trades.
Basic Qualifications: (required)
•Bachelor’s degree in Agriculture or Business ( 8 additional years of grain merchandising experience may offset education requirements)
•3 plus years of grain procurement or grain marketing experience to include:
•Composing market / commodity reports
•Knowledge of ag-production methods
•Proficient with MS Word, Excel, and PowerPoint
•Must have a valid driver’s license
Preferred Qualifications: (desired)
•Series III license, required to attain Series III license within the first 3 months of employment
•Experience developing and marketing Risk Management tools