Handling more than 350 million bushels of grain per year, Gavilon leverages its in-depth knowledge and experience in developing this program to help farmers diversify risk. The Producers’ Edge program is backed by Gavilon’s local representatives, experienced market analysts and operations team to provide support and information.
Additionally, Producers’ Edge program customers have access to the web app, myGavilon, which provides transparency in performance and pricing. The app allows users to review Gavilon’s past performance before getting started, and monitor current performance and pricing in the myGavilon app.
Gavilon has expanded its team of analysts to include Edward Prosser of Gavilon and Jody Lawrence of Strategic Trading Advisors. The company said its team of experienced analysts will utilize their experience and knowledge, both fundamentally and technically, to price 100% of the bushels enrolled in the program by the end of the pricing period.
Edward Prosser |
Prosser’s agricultural experience includes a 25-year career at ConAgra Foods, Inc. At ConAgra Trade Group (CTG), he was instrumental in developing and managing complex risk strategies for a number of agricultural portfolios, including the Agricultural Risk Strategies group, Livestock Central Hedge Desk and Animal By-Products Desk. Prior to CTG, Prosser was general manager at ConAgra Beef Company, where he directed beef and cattle risk management.
Jody Lawrence |
In July 2013, Gavilon was sold to Marubeni for $2.7 billion. Prior to that, Gavilon was a privately-held company. It was established in 2008 with the sale by ConAgra Foods Inc. of its Trading and Merchandising business to Ospraie Management LLC Special Opportunities Fund in a $2.1 billion transaction. With the sale, the business was renamed Gavilon LLC.
According to the2017 Grain and Milling Annual, Gavilon is the second largest grain storage company in the United States. It currently has 137 grain storage facilities, has grain storage capacity of 353.654 million bushels, 3 port facilities, 11 river facilities, 40 subterminal facilities, 10 terminal facilities and 73 country elevators.