About Cargill Energy and Risk Management Solutions 
Corporate Overview
As one of the largest private firms in the USA, Cargill has built and maintained an impeccable credit record and maintains a strong and ever improving balance sheet. A $70 billion company with more than 137 years of experience in the processing of many agricultural commodities, Cargill has built its success on trading and risk management capabilities in a wide range of commodities worldwide.
Cargill in the Energy Markets
Cargill has been active in the wholesale energy markets for over 25
years and today is one of the most reputed global energy traders with
a workforce of over 200 employees. In addition, Cargill is one of the
largest electricity shippers in North America and the largest exporter
of natural gas out of Canada.
Cargill is one of the largest energy users in the world with annual
energy expenditures exceeding $ 1 billion. Since 1997, Cargill Energy
and Risk Management SolutionsSM (CERMS) has managed the energy supply
chain of Cargill’s processing units by leveraging the expertise
they have developed in the wholesale markets.
Today, CERMS provides energy risk management services to selected, external customers representing an annual portfolio of $450 million, using the same approach used to manage Cargill’s internal portfolio.
By working with CERMS to help manage your business’ energy expenses, you have access to the depth of resources of a major energy company, combined with the experience, knowledge and perspective of an end-user.
As one of the largest consumers of energy, Cargill understands the end-user’s perspective. We manage our operations by leveraging the same resources, processes and attention to exposure as if they were our own. We believe this common mindset is of critical importance to our clients.
Energy Risk Management Expertise
Cargill Energy and Risk Management Solutions' experienced team of energy professionals have the expertise to define and manage your company’s energy price risks and effectively manage your physical needs in a rapidly changing environment. We work closely with our clients to review their current energy requirements and develop a customized, proactive risk management program and energy strategy that will maximize the value of your energy expenditures.
Our goal is to empower you to succeed in your business by diminishing the risks and lowering the impacts of energy costs on your business.
Executive Biographies
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Douglas E. Punke Douglas E. Punke has 21 years of experience in commodities trading and risk management, including 10 years as a commodity risk manager for Cargill’s largest commodity processing operations. In his current role as Vice President and Team Leader, he supervises the price risk management strategies for Cargill Energy and Risk Management SolutionsSM. Mr. Punke joined Cargill in 1983. From 1990 – 1999 Mr. Punke directed and oversaw the aggregate price risk position of the corn milling division and managed the division’s energy risk. In 2001, Mr. Punke became Vice President and Team Leader of Risk Management Services for agricultural commodities and subsequently energy markets. Mr. Punke received a Bachelor of Science Degree in Agriculture Economics from the University of Illinois. |
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Jean-Francois Muse Jean-Francois Muse has 18 years of experience in commodity trading and risk management with various senior trading and management positions in the wholesale petroleum markets. Since 2000, Mr. Muse has played an instrumental role in reorganizing the management of Cargill's electricity portfolio. Mr. Muse currently coordinates the origination and supply of energy to Cargill's 150+ processing facilities in North America and works on energy risk management projects with external clients. Mr. Muse received a degree in Agricultural Engineering from the University of Beauvais in France, a Masters degree in Agricultural Economics from Igia University in Cergy-Pontoise, France and an MBA from Carlson School of Business at the University of Minnesota. |
