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      Promark Grain

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      Commodity Brokers

      38177 390th St NW, Stephen, MN 56757

      218-478-2800

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      General Info
      It is often said that a large percentage of producers market the majority of their grain in the bottom thirty percent of the year's price range. Producers often see major advisory services publish outstanding results each year and wonder why they aren't getting similar results by reading the same advice. This is why we adopted the idea of having producers pledge their bushels to be marketed following the advice of top advisors. We saw several advantages of having ProMark Grain responsible for implementing the advice instead of the producers. First, many times the producers hesitate or disagree with the advisor's advice, so no action is taken. Second, producers tend to have a hard time differentiating between hedging and speculating, and therefore have a difficult time making wise business decisions without letting emotions take over. Last, because of economies of scale, many producers have a hard time hedging small percentages of production ( For example: 10% of 10, 000 bushels ), since the smallest contract most of us trade is a 5, 000-bushel contract. By combining multiple producers' bushels together, we can easily hedge very small percentages of production at any given time. The concept of ProMark Grain was started in 1999. It started as a partnership called Central Minnesota Marketing Partnership ( CMM ). This partnership consisted of ten producers who each pledged 20% to 30% of their production ( approximately 500, 000 bushels ) to the partnership to be marketed following the advice of outside advisory services. The producers left the cash, futures, and options marketing to Bruce Yaggie and Scott Field, who implemented the advice of the advisory services. ProMark Grain is an all-inclusive ( futures, options, and cash ) marketing service for producers of all sizes. ProMark Grain's goal is to market the producers' grain in the top one-half of the year's price range through the use of the best advisory services available.
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      Commodity Brokers
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      Data provided by one or more of the following: Thryv, Data Axle, Yext.