Matt Upmeyer
Head of Trading - Fats and Oils at Harvestone Group, LLC- Claim this Profile
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English Native or bilingual proficiency
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Spanish Professional working proficiency
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Bio
Experience
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Harvestone Group, LLC
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United States
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Renewable Energy Semiconductor Manufacturing
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1 - 100 Employee
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Head of Trading - Fats and Oils
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Nov 2021 - Present
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Oregon Potato Co.
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United States
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Food and Beverage Manufacturing
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1 - 100 Employee
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Sr. Director of Commercial Operations
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Oct 2019 - Dec 2021
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Lamb Weston
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United States
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Food and Beverage Manufacturing
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700 & Above Employee
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Sr. Director Procurement
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Apr 2018 - Oct 2019
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Director Procurement - Commodity Risk Management
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Aug 2016 - Apr 2018
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Centra Foods | Non-GMO & Organic Oils
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United States
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Food and Beverage Services
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1 - 100 Employee
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Chief Operating Officer
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Feb 2016 - Jul 2016
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Chief Operating Officer
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Oct 2012 - Jan 2016
Hand-selected by Pacific Coast Canola to manage the largest expeller pressed canola processing facility in North America. Report to the CEO of Legumex Walker Inc., the largest shareholder and a publicly traded company based in Winnipeg, MB. Responsible for managing commercial, operational and accounting and finance divisions. Effectively led PCC to become the market leader for Non-GMO and Non-GMO High Oleic canola oil on US West Coast.• Collaborated with design build contractor through the final phases of construction and commissioning of a $120 million canola processing facility.• Management authority over a $14 million plant cost and SG&A budget, in addition to hedging and risk management responsibility for approximately $160 million in seed purchases and product sales.• Developed and implemented a canola seed origination plan to supply over 350,000 metric tons of canola seed per year.• Successfully managed the implementation of the FSSC 22000 food safety program and became the first Non-GMO Project Verified plant in the USA.• Developed strategic sales plan and collaborated with some of the largest West Coast edible oil consumers to establish and secure necessary approvals and quality standards to become an approved supplier. • Established new policies and procedures across business divisions to be compliant with food safety and state and federal regulations.• Negotiated recently formed strategic partnership with The Scoular Company designed to maximize profitability and increase local origination and sales.• Successfully managed and developed a multi-site staff of over 50 employees.• Became a recognized market leader for Non-GMO and Non-GMO High Oleic oils.
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Risk Management Consultant
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Sep 2006 - Oct 2012
Joined FCStone to enhance their growing renewable fuels group with a focus on fats and oils, risk management and biodiesel trading. Leveraged industry experience to establish the largest biodiesel risk management portfolio in the USA. Provided risk management consulting services to some of the largest US and European biodiesel companies and executed both exchange traded and OTC instruments to manage their risk. • Charged with growing FCStone’s presence in newly developed Biodiesel Group.• Instrumental in developing policies and best practices for physical fats and oils trading business.• Built fats and oils physical trading business from the ground up to over 400 trucks per month of current supply agreements.• Developed marketing materials, suite of services and implemented physical vegetable oil trading platform.• Manage commodity price risk for a combined total of over 30 million bushels of soybean crush, over 400 million gallons of biodiesel capacity, as well as commercial grain hedging.• Perform in-depth commodity price risk analysis, develop strategies, execute appropriate risk mitigation structures and prepare position reports for Senior Management.
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Commercial Manager
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Sep 2003 - Sep 2006
Promoted to manage commercial operations of a 125,000 bushel per day soybean crush plant for Archer Daniels Midland. Grew unit train export meal business to Mexico through experience gained as the Director of Import and Trade in Mexico City, Mexico.• Directed all soybean origination, product marketing and export trade for a 47 million bushel per year crush facility.• Responsible for location P/L.• Managed staff of 10 traders and clerical staff.• Achieved largest per unit processing margin in Western Division.• Managed all Mexican export sales of soybean meal for Western Soy Division. • Coordinated all commercial and operational activities to maximize operational efficiencies and profit margins.• Trained and developed personnel in all areas of merchandising and trading through corporate training program.
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ADM
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United States
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Food and Beverage Manufacturing
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700 & Above Employee
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Director of Import and Trade
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Sep 2001 - Sep 2003
Relocated and promoted to Mexico City to oversee import and trade business as NAFTA tariffs declined and were later eliminated. Actively involved in the development of business opportunities at 5 put-through and processing facilities in Mexico. Gained significant language proficiency in Spanish and developed global business experience. • Instrumental in growing ADM's presence in the rapidly growing post NAFTA import market for soybean meal and protein products.• Managed a staff of 4 traders and 2 support staff. • Coordinated shipments and maintained positions for 4 put-through facilities and 1 processing facility strategically located throughout Mexico.• Traded and maintained relationships with key clients throughout Mexico.• Negotiated put through agreements and rail rates.• Achieved 56% year on year growth in soybean meal imports into Mexico.
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Merchandiser
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Jun 1999 - Sep 2001
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Education
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Iowa State University
BS, Agricultural Business