What are the responsibilities and job description for the Commodity Merchandiser/Trader position at JDH?
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Description
At Gold Star, we offer feed and nutrition services and commodity trading in the northeastern U.S., primarily to dairies. As feed and commodity specialists, our customers count on us to originate feed for the mills, manufacture it according to their unique specifications and handle logistics for a safe and smooth delivery every time.
Job Summary
Commodity Merchandiser will be required to learn Gold Star Feed & Grain business as it pertains to the assigned commodity. Merchandiser will be accountable for price discovery, logistics, procurement, and marketing of assigned grains and/or feed products. Merchandiser will have responsibility for market development and assist in accurate P&L generation.
Essential Duties And Responsibilities
Originate and merchandise assigned commodity.
Arbitrage the market capitalizing on freight and product spreads.
Coordinate Logistics for products traded via truck and rail.
- Reconcile cash position daily.
- Calculate and understand freight variance.
- Transact business within established position limits and company policy.
- Establish price updates to customers.
- Overfills/underfills on grain contracts.
- Assist in identifying and developing new market opportunities.
- Attend industry events to understand market trends and develop customer relationships.
Coordinate business utilizing established company resources.
Leverage existing nutritionist knowledge and customer relationships as applicable.
Drive a culture of safety, accountability, opportunistic curiosity and contributes to creating an environment where people want to work.
- Other duties as assigned.
Requirements
- Bachelor's degree in related business, finance, or agriculture required
- Minimum of 3 years in Agricultural experience related to Merchandising, Sales or Marketing
- Market Risk knowledge & understanding in the Agriculture Industry
- Strong knowledge of truck and rail logistics
- Ability to scope, plan and execute business plans
- Strong interpersonal and negotiation skills
- Proficient with Microsoft Office Suite or related Software
Physical Demands
- Frequent sitting, use of computer, communication via telephone
- Ability to navigate an office environment.
- Regular and predictable attendance in office or site location.
Salary Description
80,000 DOE