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Welcome to the
MGX Insider

Your source for grain marketing tips and trends.

Brought to you by
MyGrainExchange.com

Launched in June 2023 as Saskatchewan's first online grain auction, My Grain Exchange is now Western Canada's first digital grain marketplace!

Providing timely, transparent market data to help you make better grain marketing decisions. 

The MGX Insider is your source for information on the MyGrainExchange.com marketplace. Discover platform updates, grain market insights and answers to the most frequently asked questions.

How MGX Works

We create opportunities for grain buyers and sellers to come together.

It's time for a better way to market grain. We understand unfamiliar platforms can be daunting. Watch this short demo video to see how MyGrainExchange.com can work for you.

Frequently Asked Questions

What are MGX's service fees? 

We charge buyers and sellers a set fee of $3.50 per metric ton once a trade is accepted. There is no charge to add inventory or browse the marketplace and MGX is not involved in the signing, delivery or payment of a contract. 

How much inventory can I list?

The amount you can list is unlimited and you can manage inventory under multiple farm names from the same seller profile. 

Do I need to give MGX the location of my farm?

MGX requires all buyers to bid FOB farm. In order for freight to be accurately calculated, we ask that you save your farm location in your profile, as well as the bin site location on each piece of inventory you list on MGX. Your exact location is not shared publicly and freight is calculated to the nearest town or city. You provide details on the pick-up location of your grain directly to your buyer after a contract is signed.

How do I know what each transaction will cost me? 

We charge $3.50/MT on all commodities, both conventional and organic. The terms and fees of each transaction are provided to you before you accept the trade.

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Coming Soon!
The MGX Insider monthly e-newsletter will be distributed to both producers and grain companies. If you'd like to subscribe to our mailing list, click the appropriate link below.

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MGX is a revolutionary online platform that connects Western Canadian producers and grain buyers to improve the efficiency of the grain trade. Driven by the desire to create true price discovery, founder Merv Berscheid took his 30 years of experience brokering grain in Saskatchewan and distilled it into this helpful marketing tool. 

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