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  • Writer's pictureMy Grain Exchange

Online Grain Auction Named Finalist in Ag in Motion Innovations Program

(Saskatoon SK) My Grain Exchange (MGX) is proud to have been named a Finalist in the 2023 Ag in Motion (AIM) Innovations Program. AIM is taking place July 18-20 near Langham, SK.


MGX was selected as a Finalist in the AgTech Business Solutions category. The awards, sponsored by the TD Agriculture Services Innovation Program, were announced Monday evening at the Innovation in Agriculture Reception at the Sheraton Cavalier Hotel in Saskatoon.


“We’re delighted and honoured to be recognized,” commented Merv Berscheid, Founder and President of MGX, “and congratulations to ScherGrain, the winner of the Business Solutions category. We’re really excited about the potential MGX brings to grain marketing. It’s a game changing tool for both farmers and grain companies.”

Built on decades of grain trading experience, MGX is a powerful online auction platform that improves the grain trading experience for both sellers and buyers. It simplifies the marketing system and automates the price discovery process through seller-controlled timed auctions. MGX connects farmers with more buyers, faster and lets everyone quickly take advantage of market fluctuations.


MyGrainExchange.com officially launched last month at the Canada’s Farm Show in Regina, SK.


"We’ve had some trades on the system now,” stated Berscheid. “We’re getting all the kinks worked out and continually improving. We have big plans for this platform and we can’t wait to roll them out.”


Another advantage of MGX is that it’s a no-risk venture for participants. There’s no cost to bid or list a product, and a 1% service fee is only charged at the completion of a successful sale.


Stop in and see Merv and Luke at the MGX booth outside the Scotiabank Pavilion at Ag in Motion, where you can pick up sample bags and enter to win a summer prize pack. Ag in Motion runs until Thursday, July 20.


For additional information, see the MGX website at mygrainexchange.com.


 

Media Contact:


Merv Berscheid,

President and Founder

My Grain Exchange

306-244-1124

merv@mygrainexchange.com

MGX My Grain Exchange Logo - Stacked





Backgrounder:

My Grain Exchange (MGX) is a powerful online auction platform that connects grain sellers and buyers. Built on decades of grain trading experience, it’s a user-friendly tool designed to improve on the current grain marketing system by providing automated, efficient and optimized market access for all. Mandatory third-party grading mean sellers can profit from unique product attributes and buyers can be confident they are sourcing the inventory they want. MGX is dedicated to supporting the Western Canadian grain industry to simplify price discovery and profitability by providing progressive grain marketing tools, timely market data and exceptional customer service. MGX is the easiest and most effective place to market grain on the prairies.

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