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For Media: About My Grain Exchange Ltd.

  • Writer: My Grain Exchange
    My Grain Exchange
  • Jun 24
  • 2 min read
MyGrainExchange.com Logo

Backgrounder:

Company Name: My Grain Exchange Ltd.

Founded: 2020

Headquarters: Saskatoon, SK

Industry: Agri-Tech / Grain Marketing

Tagline: More Buyers. More Bids. More Ways to Sell Your Grain.

Company Overview

MyGrainExchange Ltd. is a Western Canadian agri-tech company modernizing the way farmers market and sell their grain. Built by farmers and grain marketing professionals, MyGrainExchange (MGX) is a 24/7 online grain marketplace designed to improve price discovery, streamline negotiations, and expand market access — all while putting control directly into the hands of producers.


MGX allows farmers to publicly list their grain inventory or new crop acres at any time. Buyers — including grain companies, feedlots, brokers, and processors — can browse listings, submit bids, and negotiate deals using a secure, in-platform chat. All trades are FOB farm, with delivery terms arranged directly between the buyer and seller after a deal is confirmed.


Key Features & Benefits

  • 24/7 Public Listings: Inventory is visible in an open marketplace, allowing for passive, round-the-clock marketing.

  • Real-Time Negotiation: Sellers can accept, reject, or counter bids instantly through secure in-platform chat.

  • Optional Sample Analysis: Sellers can list with an estimated grade; buyers can request samples or submit multi-grade bids.

  • New Crop Listings: Supports forward contracting with options for Act of God and deferred delivery terms.

  • User Rating System: Peer-reviewed profiles add trust and transparency for both buyers and sellers.

  • FOB Farm Pricing: Simplified transactions with direct logistics between trading partners.

  • CGC Buyer Preferences: Sellers can choose to work exclusively with CGC-licensed buyers or block specific companies.


Who We Serve

MyGrainExchange.com is backed by excellent customer support and built for:

  • Farmers: Primary grain producers in Western Canada listing conventional or organic grains, pulses, and oilseeds.

  • Buyers: Elevators, feedlots, brokers, maltsters, and food-grade processors sourcing grain across Western Canada.


Mission

To simplify grain marketing and help Western Canadian farmers access more buyers and better prices for a smarter, more transparent selling process — all online.


Leadership

  • Merv Bercheid, Founder – A grain broker and marketer with deep roots in the Saskatchewan ag industry.

  • Cole Thompson, President – An innovative tech professional focused on building farmer-first digital solutions.


Contact

📞 +1 (306) 244-1124

📍 Based in Western Canada

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