Bracy Stephens

Responsibilities

• Compile and analyze all hedge positions vs. daily cash inventory
• Execute CIF purchases and sales for each commodity traded (yellow corn, yellow soybeans, soft red wheat, long grain rough rice) through all Bruce Oakley terminal assets along the Arkansas and Mississippi River
• Govern spreads in CBOT futures and options market, and CIF vs. domestic basis values to identify the most profitable return within the domestic and export markets
• Recommend pricing opportunities for clients to establish efficient cash-flow positions within the futures and options market
• Analyze OTC markets to identify above-market hedging opportunities and controlling the risk on both sides of the trade with options (straddles/strangles/debit and credit spreads)
• Assist in managing logistics moving raw product from origin to destination in timely fashion
• Occasionally assist our energy desk and provide insight on cash and paper trades

Achievements

• Facilitated our rice and soybean program into the international market
• Sustained profitable results year after year while employed at Bruce Oakley
• 20% growth in Gross revenue across all commodities within the last 4 years (2018-2020)
• Elected as a representative for Oakley Grain Inc. to the "Tri State Soybean Association Board"
• Elected to the "President Leadership Council" through Arkansas Farm Bureau