What are the responsibilities and job description for the Manager of Feed Ingredient Purchasing position at MFA Incorporated?
About Us: A career at MFA Incorporated is your opportunity to support farmers and ranchers in our communities. We focus on whole-farm solutions through continuous learning and a collaborative team spirit. At MFA, team members are empowered to be strong customer partners and forward-thinking stewards of the land.
Responsibilities: This person will direct all activities necessary for the procurement of ingredients required for feed production at favorable terms and costs within acceptable risk management guidelines. All duties should be performed in accordance with company policy.
What You’ll Do
Responsibilities: This person will direct all activities necessary for the procurement of ingredients required for feed production at favorable terms and costs within acceptable risk management guidelines. All duties should be performed in accordance with company policy.
What You’ll Do
- Schedule and track multiple ingredients for MFA feed mills on an ongoing basis.
- Study and evaluate market conditions for the best purchasing options for grain and other commodity feed ingredients such as soy hulls, wheat mids, soybean meal, DDGs, etc. This may include trading a book of business in a variety of commodities to gain direct insight into markets.
- Look for opportunities to take forward positions within corporate risk guidelines. These positions should be evaluated relative to Division plans and objectives regarding feed pricing and bookings.
- Direct micro-ingredient purchasing to achieve the best cost/quality for MFA.
- Understand, evaluate, and arrange bulk freight logistics options as needed.
- Keep accurate records of positions, transactions, and contracts.
- Use MFA’s buying volume and market insights to make competitive buys for AgriServices and Local Affiliate locations (Direct Ship).
- Assemble weekly ingredient price sheet by mill by ingredient
- Report market and inventory costs for pricing comparison
- Prepare booking prices as requested
- Forward price ingredients for feed contracts as needed
- Medical, Dental, and Vision Insurance
- Health and Wellness Incentives
- Flexible Spending Accounts (FSA)
- Prescription Insurance
- 401k with Company Match
- Retirement Plan
- PTO on Day 1
- 9 Paid Holidays
- Employee Referral Program
- Employee Assistance Programs (EAP)
- Educational Assistance
- B.S. degree in Business, Agriculture or a related field or equivalent work experience
- Minimum of three years of experience in ingredient purchasing and/or commodity trading
- Negotiation experience
- You desire to thrive in agriculture and seek a key role in the industry.
- You embody our commitment to success and reflect our company culture.
- You have or are willing to develop basic computer skills.
