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An 18-year veteran of the grain and agriculture processing industry, Mr. Beemer launched his career in the area of commodity trading with the Louis Dreyfus Corporation in Wilton, CT. Through a joint venture with Louis Dreyfus Corporation, Mr. Beemer joined The Archer Daniels Midland Company in 1993 as manager of corn trading for 14 western facilities.
During his 12-year tenure with ADM, Mr. Beemer assumed many key management roles; among them, serving as Assistant VP of Corporate Transportation. In this position, Mr. Beemer gained
far-reaching, valuable experience in the logistics of transportation, negotiating contract freight rates with numerous railroads including the BNSF, UP, NS, CSXT, CN, CP and many small switching or short-line railroad companies such as IAIS. Mr. Beemer also pioneered the development of several unit-train programs (BNSF Scoot Program) for just-in-time inventory supply-chain shipments with the BNSF and IAIS that resulted in a significant decrease in ADM's transportation costs. Further, Mr. Beemer was the catalyst for ADM’s significant BNSF 110-car unit-train shuttle investment ($9.5M) in Hereford, Texas.
In 2001, Mr. Beemer was appointed VP of Strategic Planning, Transportation and Operations for ADM’s joint venture with 23 elevators/terminals from the Farmland Grain Division (500M annual traded bushels). Mr. Beemer was responsible for eliminating Farmland’s unprofitable food corn business, building co-op supplier relationships and restructuring all business units associated with the joint venture. Through the acquisition, ADM became the largest supplier of +65M bushels of corn to feedlots in Western Texas and the largest deck holder of BNSF shuttle trains in North America. During this four-year period, Mr. Beemer spent over 120 days in the principal Texas, Oklahoma and Kansas feedlot areas, meeting the largest cattle-feeders in the United States and advancing ADM’s customer relationships. He also gained valuable experience overseeing the logistical upgrading of existing processing facilities as well as the building of new facilities, such as ADM’s dried distillers grain (DDG) unloading facility in Summerfield, Texas.
Other responsibilities included developing and implementing all trading strategies for ADM’s Hard Red Wheat trading on the delivery market contracts on the Kansas City Board of Trade. Additionally, Mr. Beemer managed the Yevulit Israel Flour Millers’ supply agreement (600,000 metric tons/year) and launched ADM’s first sale of Hard Red Wheat to Iraq in 2005.
Later in 2005, Mr. Beemer joined Penford Products Company of Cedar Rapids, Iowa, to serve as Vice-President of Commodities. Here he assumed responsibility for trading corn futures, corn basis, natural gas and other corn wet mill by-products and oversaw all risk management utilizing futures, options and cash contracts. As a result of his extensive background in both transportation and energy, Mr. Beemer also modeled the addition of coal-fired steam sources for Penford’s Cedar Rapids’ plant, replacing the natural gas-fired facilities. | 