MGX is here to help you succeed.
MGX was built from decades of grain trading experience to improve on the current system, which is now manual, inefficient and not optimized for either buyer or seller. We'll help facilitate the transition to a new era of marketing grain. We understand unfamiliar platforms can be daunting and want to make this process as easy as possible for our customers. Reach out - we're here to answer any questions you have. We want you to succeed.
It's time for a better way to market grain. Join MGX today.
About Us
Our mission is to simplify the grain marketing proceess with our user-friendly online platform that improves price discovery and market access for all.
Our platform is designed to make it easy for farmers and grain buyers to connect and conduct grain transactions online. By streamlining the process of buying and selling grain, we aim to reduce the time and effort required for participants to find the best prices and make profitable deals.
How MGX Works
MGX is an online marketplace that creates opportunities for grain buyers and grain sellers to come together. Market your grain more efficiently with our on-farm inventory listings, real-time bidding features, secure private chats and more.
All bidding activity on MGX is anonymous. After receiving a bid, a seller can either accept, reject or submit a counter offer. Users are notified in real-time of the status of their bid. Once bids are accepted, buyer and seller are able to communicate freely and complete the contract process on their own. MGX does not participate in the transaction beyond the agreement of a trade. We are not involved in the contracting, delivery, or payment of product sold on our platform.
Why MGX Works Grain marketing for the 21st century
MGX is an online grain marketing platform for the Western Canadian grain industry. It assists with price discovery, connects sellers with motivated buyers and lets everyone take advantage of market fluctuations. This easy-to-use system reduces the manual effort of collecting cash bids and opens your network to more local buyers.
Let data and market intelligence work for you. With MGX you get a window into the local marketplace to clearly see what is selling, where and how much. Use this to market your grain with confidence.
Online grain marketing has reshaped the business of farm sales. MGX does the background work so all you need to do is sign up, set you terms and buy or sell product. Get convenient access to more grain buyers and product without the time and contacts required in the traditional marketing system.
Verified Listings: Buying or selling, knowledge is a key factor in profitability.
Know your grade and take advantage of it. Submit a sample for the MGX Verified Listings program and get an official Canadian Grain Commission grade analysis provided by our independent lab partner, SGS.
Sellers increase profit by getting the most from quality, while buyers are assured they're purchasing the product they need.
Online marketing has reshaped the business of farm sales. MGX does the background work so all you need to do is sign up, add your inventory and buy or sell product. Get convenient access to more grain buyers and product without the time and contacts required in the traditional marketing system.
It's grain marketing simplified.
Meet the Team behind My Grain Exchange.
With decades of experience in the Saskatchewan grain and tech industries, our mission is to simplify grain marketing with our user-friendly online auction platform that improves price discovery and market access for all.
Merv Berscheid
Founder and Director
Cole Thompson
President and Director
Luke Derkson
Operations Manager
Blaine Canitz
PAg CMC - Director and Advisor
Connor Moody
Development Manager
A mission to improve the grain marketing process
In the early 2000s, Merv Berscheid recognized the need for a new grain marketing system. The traditional system was not optimized for either grower or seller, demanded a huge time commitment and was generally inefficient.
His solution to the problem was an online platform to market grain that he believed would fulfill what the industry was looking for. Growers needed a grain market that was for them, not just for buyers. Farmers needed price discovery. They needed more buyers and they needed an easier system.
Merv has spent years finding investors, determined to bring MGX to life. He and the MGX team, including Blaine Canitz and Cole Thompson, passionately believe that online grain marketing is a crucial and necessary evolution for the industry.