< Back to Posts

In this issue: Introducing Scott Shander, new Organic Trade Reports for Subscribers

Introducing Scott Shander

This month we feature our new Economist, Scott Shander.  Scott manages our data survey of first-purchasers of organic and non-GMO grains, and leads economic analysis for Mercaris.

Prior to joining Mercaris, Scott led strategic commodity sourcing initiatives for sugar and cocoa at Kraft Foods Group, Inc.  He began his career at MillerCoors, where he spearheaded the creation and execution of an innovative direct barley sourcing program that guaranteed a fair and equitable price while minimizing market risk for both the grower and the company.

He holds a B.S. in Mathematics and Economics and a M.S. in Applied Economics from Marquette University.  Originally from Milwaukee, Scott now lives in Chicago, but remains an avid Packer fan.

What opportunities do you see for the specialty agriculture sector?
Organic resonates with me as a consumer, but I also see tremendous growth when compared with the conventional food sector.  The organic sector is analogous to emerging markets that grow at a faster rate than developed economies. As its market share continues to increase, it will become ever more crucial for industry players to understand the supply chain and respond to market conditions.  Those that understand and react to market conditions will be at a competitive advantage to those that can’t adapt to the changing environment. 

What brought you to join Mercaris?
It’s exciting to be the first to apply a level of analytic rigor to organic and non-GMO markets that has been applied in the conventional sector for years.  I want to have a meaningful impact on the progressive organizations that are looking to leverage our data.  In conventional agriculture markets there is too much information that often adds up to less than the sum of its parts.  I see a more rewarding challenge to develop the market resources for an industry that has too little information. 

What is your outlook in the organic grain market?
Organic grain prices are not sheltered from the macroeconomic environment.  Conventional commodity crop supplies remain comfortable and deflationary pressures persist.  Conventional corn is 50% below the record high it set in the drought summer of 2012.  The same cannot be said about domestic organic production, which has struggled to keep pace with the rampant growth in demand.  Buyers have been turning to the world market to fill the supply gap and with a stronger dollar, prices have receded.

Since last year, the USD trade-weighted index has appreciated 15%.  For the organic market, the currency effect cannot be stressed more.  First, the U.S. relies on the international market for a large percentage of its supply of organic soybeans, and now organic corn.  Second, for organic corn, the primary exporters are Eastern European countries that have seen much larger currency depreciation.

Having a good handle on the global environment and understanding the impact in the domestic market is absolutely crucial and it is why we launched the monthly Organic Grain Imports Report to stay up to date with these developments.  I am proud to have this be my first project with Mercaris.  Stay tuned for more to come!


New & Improved for Mercaris Subscribers: Organic Trade Reports

What’s one of the most striking features of the U.S. Organic Grain sector?  It’s the volume of grain imported from overseas to the U.S.  

Now you can track this information with greater precision than ever before.  Our Foreign Imports Report shows statistics on volumes (monthly and yearly import by country,  trends over time), as well as price information (FOB country of origin, delivered price to the U.S.), as well as foreign vs. domestic price comparisons.

Understanding the role that foreign organic grain imports to the U.S. is critical market intelligence for grain producers, merchandisers, and food and feed companies.

Want more information or to access the reports?  Subscribe to our market data by contacting Mercaris at 312-423-1875, or email.

June Auctions

We have several exciting auctions coming up in June! Take a look at the list below and let us know if you are interested in participating as a buyer; these are all standard (sale) auctions.
Thursday, June 11:
25,000bu of feed-
grade NGMO corn
FOB Humphrey NE
Tuesday, June 16:
10,000bu of feed-
grade NGMO soybeans
FOB Breckenridge MN
Thursday, June 18:

25,000bu of food-
grade NGMO soybeans
FOB Breckenridge MN
Interested in registering as an auction participant, or want to get more information on how to hold your own auctions? Please contact Lizzie Ekeberg to get started.

Lizzie Ekeberg
Director of Market Operations


This email was sent to *|EMAIL|*
why did I get this?    unsubscribe from this list    update subscription preferences