Overview

Summary
This position serves as the lead point of contact with local commercial & COOP accounts to source soybeans for the processing operations in Claypool, Indiana. This position works on-site within the Commercial office.

Main
Responsibilities
Along with the below listed responsibilities, the employee should conduct any other business related to the function as required by his supervisor.
•Originates soybeans from commercial accounts in the Indiana, Michigan and Ohio drawing arc
•Maintains daily communication, organizes logistical services, and assists with accounting issues with suppliers
•Works with soybean meal and soy hull pellet traders to buy grain in areas that maximize backhaul opportunities.
•Communicates regularly with US soybean team to define origination strategy and pricing targets
•Assists with inbound and outbound truck and rail logistics for soybean origination.
•Reviews the daily position with KC accounting group to ensure accuracy.
•Manages the long/short position with purchases and hedges as needed.
•Stay up to date on competitor’s soybean bids to ensure Claypool is competitive.
•Regular communication with western rail markets that are contributary to Claypool.

Additional Responsibilities
•Answer phone calls and provide merchandising services to farmers.
•Gathers news, statistics and information related to individual commodity supply and demand from customers and trade sources, and distributes that information to the remainder of the group to support overall strategic trading/positioning (i.e., contributes to research function).
•Helps manage receivables and facilitates innovative methods to keep accounts receivable and average number of days to pay at a minimum.
•Identifies, qualifies and captures new business; develops and contributes to customer/supplier list.
•Works closely with soybean receiving office, learns Compuweigh and probing / grading operations. Occasionally communicates with truckers/suppliers regarding quality.
•Weekend work.
•Customer visits.
•Crop tours.
•Other duties as assigned


Experiences
Basic qualifications:
•Five to eight years in the grain business in a merchandising capacity

Preferred
•Experience with rail logistics and a familiarity with the eastern rail market


Skills
•Working knowledge of futures markets, hedging and arbitrage
•Strong verbal and written communication skills
•Strong quantitative skills, including basic knowledge of statistics, algebra (e.g., supply and demand relationships, analysis of price relationships)
•Ability to organize multiple responsibilities, prioritize workload and perform multiple tasks simultaneously
•Ability to work with minimal supervision
•Proficiency with spreadsheet and word processing software, (e.g., Excel and MS Word).
•Must have valid driver’s license

Required
Languages
• English (Fluent)

Required
Education
•Bachelor’s degree in Economics, Agricultural Economics, Finance, Business Administration or other business discipline.

Tagged as: MID TO SENIOR LEVEL

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