Grain Merchant Trainee

Cahokia, IL, United States of America
Job Reference JR0073876
Professional Areas Trading Platforms
Function Trading
Contract Type Permanent
Years of Work Experience 0 - 3
Start date 2024-05-20

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally.

This position will be responsible for merchandising grains and oilseeds with specific emphasis on origination into the Cahokia, IL river terminal. 

Primary Responsibilities/Essential Functions 

  • Train to aggressively originate commodities by developing a rapport with local farming/commercial community through direct communication. 

  • Report real-time market information on the Louis Dreyfus intercompany chat system. 

  • Gain understanding to organize and execute FOB bushel ownership program and dispatching trucks. 

  • Begin foundational understanding of the capabilities of the facility for logistics scheduling. 

  • Gain foundational knowledge to organize rail schedules for grain/product transload to barge at facility. 

  • Help to devise and execute origination strategies for commodities. 

  • Learn to track daily positions, inventory and assist in hedging and composing sales to the export desk. 

  • Learn to assist and resolve customer discrepancies in a timely manner. 

  • Participate in daily conference calls reporting market information to regional traders. 

  • Help to compose market wires and distribute facility updates. 

  • Participate in customer visits and industry social events. 

 

Additional Responsibilities 

  • Gather news, statistics and information related to individual commodity supply and demand from customers and trade sources and distribute that information to the remainder of the group to support overall strategic trading/positioning (i.e., contributes to research function). 

  • Train to identify, qualify and capture new business. 

  • Learn CINCH, Compuweigh and probing / grading operations.   

  • Participate in regular crop tours to assess conditions and potential yields to anticipate markets. 

Education/Professional Certifications/Licenses 

The following is the basic qualification:   

  • Bachelor’s degree 

  • Must have valid driver’s license 

The following is preferred:   

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

Work Experience 

The following are the basic qualifications:  

Internship experience in one or more of the following: 

  • Commodity Merchandising/Origination/Trading.   

  • Commodity Risk Management 

  • Logistics (i.e., coordination of shipments and deliveries) 

The following is preferred: 

Previous experience in corn, soybeans, soymeal, or DDGs, ethanol and/or energy products. 

 

Knowledge/Skills/Abilities (including any physical demands) 

Basic qualifications: 

  • Basic 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 

  • Must be able to climb stairs 

  • Must be able to periodically work outdoors and lift small objects 

  • Proficiency with spreadsheet and word processing software, (e.g., Excel and MS Word). 

  • Must be a motivated self-starter

Working Conditions 

  • Primarily works in a climate-controlled office environment with periodic visits to operational areas resulting in exposure to a variety of temperatures and prevailing weather conditions.   

  • This may also result in occasional exposure to dust, odors, gases, vapors, wet or slick surfaces and loud noises. The extension of regular working hours is occasionally necessary to complete time-sensitive projects, attend training or respond to emergencies.   

Equipment Used 

  • Typical office equipment: PC, telephone, scan/fax machine, PDA’s. 

  • Where appropriate, personal protective equipment (PPE) will be worn in compliance with Company standards and governmental regulations 

What We Offer

We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.

- Comprehensive benefits program including medical, dental and vision care coverage, flexible spending account plans, employee assistance program, life insurance and disability coverage
- 401k with Company Match
- Family Friendly Benefits including childbirth and parental leave, fertility and family building benefits
- Paid Time Off (PTO) and Paid Holidays
- Hybrid work available (not applicable to all roles)

Diversity & Inclusion

LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.

LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

Equal employment opportunity (EEO)

Louis Dreyfus Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Sustainability

Sustainable value is at the heart of our purpose as a company.

We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us

Company Description

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally.


Job Description

This position will be responsible for merchandising grains and oilseeds with specific emphasis on origination into the Cahokia, IL river terminal. 

Primary Responsibilities/Essential Functions 

  • Train to aggressively originate commodities by developing a rapport with local farming/commercial community through direct communication. 

  • Report real-time market information on the Louis Dreyfus intercompany chat system. 

  • Gain understanding to organize and execute FOB bushel ownership program and dispatching trucks. 

  • Begin foundational understanding of the capabilities of the facility for logistics scheduling. 

  • Gain foundational knowledge to organize rail schedules for grain/product transload to barge at facility. 

  • Help to devise and execute origination strategies for commodities. 

  • Learn to track daily positions, inventory and assist in hedging and composing sales to the export desk. 

  • Learn to assist and resolve customer discrepancies in a timely manner. 

  • Participate in daily conference calls reporting market information to regional traders. 

  • Help to compose market wires and distribute facility updates. 

  • Participate in customer visits and industry social events. 

 

Additional Responsibilities 

  • Gather news, statistics and information related to individual commodity supply and demand from customers and trade sources and distribute that information to the remainder of the group to support overall strategic trading/positioning (i.e., contributes to research function). 

  • Train to identify, qualify and capture new business. 

  • Learn CINCH, Compuweigh and probing / grading operations.   

  • Participate in regular crop tours to assess conditions and potential yields to anticipate markets. 


Experience

Education/Professional Certifications/Licenses 

The following is the basic qualification:   

  • Bachelor’s degree 

  • Must have valid driver’s license 

The following is preferred:   

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

Work Experience 

The following are the basic qualifications:  

Internship experience in one or more of the following: 

  • Commodity Merchandising/Origination/Trading.   

  • Commodity Risk Management 

  • Logistics (i.e., coordination of shipments and deliveries) 

The following is preferred: 

Previous experience in corn, soybeans, soymeal, or DDGs, ethanol and/or energy products. 

 

Knowledge/Skills/Abilities (including any physical demands) 

Basic qualifications: 

  • Basic 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 

  • Must be able to climb stairs 

  • Must be able to periodically work outdoors and lift small objects 

  • Proficiency with spreadsheet and word processing software, (e.g., Excel and MS Word). 

  • Must be a motivated self-starter


Additional Information

Working Conditions 

  • Primarily works in a climate-controlled office environment with periodic visits to operational areas resulting in exposure to a variety of temperatures and prevailing weather conditions.   

  • This may also result in occasional exposure to dust, odors, gases, vapors, wet or slick surfaces and loud noises. The extension of regular working hours is occasionally necessary to complete time-sensitive projects, attend training or respond to emergencies.   

Equipment Used 

  • Typical office equipment: PC, telephone, scan/fax machine, PDA’s. 

  • Where appropriate, personal protective equipment (PPE) will be worn in compliance with Company standards and governmental regulations 

What We Offer

We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.

- Comprehensive benefits program including medical, dental and vision care coverage, flexible spending account plans, employee assistance program, life insurance and disability coverage
- 401k with Company Match
- Family Friendly Benefits including childbirth and parental leave, fertility and family building benefits
- Paid Time Off (PTO) and Paid Holidays
- Hybrid work available (not applicable to all roles)

Diversity & Inclusion

LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.

LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

Equal employment opportunity (EEO)

Louis Dreyfus Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Sustainability

Sustainable value is at the heart of our purpose as a company.

We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us