Grain Support and Hedge Desk Coordinator

Job Description

Job Description

Agtegra Cooperative is a local agricultural cooperative headquartered in Aberdeen, SD. It is owned by over 7,000 farmers and ranchers, predominantly in North and South Dakota, with a network of over 70 locations and 850 employees. For more information, please visit www.agtegra.com.

At Agtegra, our mission is simple : we will do something great for farms and families in rural communities that nobody else will do . To accomplish this, Agtegra offers diverse career opportunities where employees can grow and work in their local communities.  Your personal and professional needs matter here – which is why we offer a variety of competitive benefits to employees, including healthcare and retirement, generous paid-time-off (PTO), family leave, and a clothing allowance - just to name a few.  It’s not just a job at Agtegra – it’s a place where we invite all employees to " Start Here. Grow Here. "

POSITION SUMMARY

The hedge desk operator / grain support specialist assists in the company’s grain marketing and origination efforts by supporting the grain merchandising and accounting staff in the Administrative Office. This position will be assigned various projects and assignments to increase the employee’s knowledge of grain marketing and general accounting.

KEY RESPONSIBILITES

• Hedges the company’s grain positions in accordance with the Grain Marketing Risk Policy and at the direction of Product Line Managers.
• Responsible for placing grain future orders via the phone and electronically to offset flat price risk.
• Reconciles brokerage statements to daily trades and updates company’s cash grain system.
• Manages the pricing order deck for the company’s target price contracts and facilitates pricing for other cash grain contracts. Has a significant role in pricing grain sales to area ethanol plants under supply agreements.
• Generates and runs reports from the company’s cash grain system to facilitate such activity.
• Posts and publishes the company’s daily grain bid sheet.
• Maintains a historical record of company and competitor grain prices to determine the competitive posture of company grain bids.
• Assists in gathering and compiling location forecasts and projections of grain receipts and shipments.
• Maintains and distributes information on forecasts of acres, yields, and production of various commodities and historic comparisons for our trade area. Takes an active role in market analysis and dissemination of grain marketing intelligence to the locations.
• Monitors various sources of market information and compiles pertinent data to analyze and distribute to Agtegra employees and patrons.
• Communicates extensively with location personnel through phone and email communications.
• Acts as a professional resource for the location personnel in matters of origination and customer service.
• Helps location personnel respond to customer needs with a proactive style and promotes extensive communications throughout the company.
• Cross trains and assists with the duties of other Grain Department Marketing & Accounting personnel.
• Seeks efficiencies and recommends changes to streamline processes.
• Pursues training and development opportunities and strives to continuously build knowledge and skills.
• Monitors, maintains, and improves Agtegra’s HMS platform and performs back end reconciliation.
• Other duties as assigned.

MINIMUM REQUIRED QUALIFICATIONS

The physical and work environment characteristics described in this description are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions or as otherwise required by law. Employees needing reasonable accommodation should discuss the request with the employee’s supervisor.

Agtegra Cooperative is an equal opportunity employer.