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-five years, our drive and passion to change the world has enabled us to become the largest producer and marketer of bioethanol and a leader in sustainable products in the world.

CULTURE IS KING AT POET

We’re all on the same team. We always communicate. And we park our egos at the door. These aren’t just slogans on our walls. It’s the way we do things at POET. We provide an environment for team members to maintain a healthy work-life balance. It’s the best way to optimize health, wellness, and productivity in a sustainable way. We work hard. We play hard. We have frequent team events, volunteer efforts, and we know how to celebrate wins!

JOB SUMMARY
POET Grain is a leader in the grain markets, buying nearly a billion bushels of grain annually from over 30,000 local farmers. When we show up to work at POET Grain, it’s our job to meet our customers' needs as efficiently as possible while buying grain at the best possible value for POET.

As a Grain Merchandiser, you will have the chance to work directly with some of America’s best farmers and commercial grain companies and look for other grain merchandising opportunities in our draw areas.

Grain Merchandisers are responsible for the development and retention of customer relationships and formulating solutions to meet our customers’ needs, which may involve customized marketing plans and on-farm visits. Team members in this position will understand grain weighing and grading procedures and policies in addition to CBOT futures markets, fundamental and technical market factors, basis levels, market structure, carrying costs, and freight spreads. Grain merchandisers also monitor the competitiveness of cash grain bids and related factors that affect the net selling price for the customer and are accountable for keeping leadership aware of grain movements and other local news that may impact local buying efforts. Additionally, the ability to explain, educate, and intelligently communicate this information to the customer is essential to this position.

DURING A TYPICAL DAY

• Procure grain supplies by purchasing 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 the 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.
• Since we’re all about teamwork and getting the job done, your skill may be put to a lot of other uses!

QUALIFICATIONS: WHAT YOU NEED TO BRING

• You have a Bachelor’s Degree in ag business, marketing, animal science, or a related field or have 3-5 years of grain merchandising/origination/advisory experience
• BONUS POINTS: a demonstrated background of success.

STRENGTHS OF A SUCCESSFUL CANDIDATE

• A background in grain marketing and/or production agriculture.
• Have thorough knowledge of grain contracts and marketing alternatives and be able to explain these to customers.
• Commitment to work honestly and ethically; maintain confidentiality on all business-related matters.
• Enjoy working with people and finding solutions to their need