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Veracity Edible Oil Solutions (VEOS)

Veracity Edible Oil Solutions (VEOS)Veracity Edible Oil Solutions (VEOS)Veracity Edible Oil Solutions (VEOS)

Veracity Edible Oil Solutions (VEOS)

Veracity Edible Oil Solutions (VEOS)Veracity Edible Oil Solutions (VEOS)Veracity Edible Oil Solutions (VEOS)

About Us

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VEOS is committed to improving the knowledge and efficiency of a company’s participation in the fats and oils marketplace. VEOS can develop supply chain, basis strategies, customized risk management solutions and position development and management. We use our various sources to obtain and put into action our market information. 


From crude to refined oils, VEOS sources a variety of vegetable oils and has strong relationships with every North American refiner / supplier. VEOS also markets the co-products generated from the refining processes of vegetable oils. Identity Preserved oils and their refined co-products (derived from expeller & hexane solvent plants) are also brokered by VEOS in effort to meet the growing demand within Identity Preserved (Non-GMO, Organic, High-oleic) markets. 


The production of oils, fats and co-products as well as the transportation and logistics within the fats and oils industry are challenging tasks. Having managed all aspects of the commercial end of refineries for CHS, Minnesota Soybean Processors (MNSP) and South Dakota Soybean Processors (SDSP), VEOS maintains the expertise needed to successfully market competitively priced, quality products backed with exceptional customer service. VEOS has a strong presence throughout the United States and Canada.  


Given our years of experience and broad understanding of agricultural production, soy and canola processing (including grain origination, protein sales, oil & co-products sales and consulting), VEOS stands ready to service your needs with offices in Arizona,  Illinois, New Jersey, and South Dakota.

Products and Services

 Experience & Services


  • Managed Refineries (P&L’s, procurement, sales, trading/hedging/marketing/risk management, logistics and employee management)
  • Crush to Refining Processing (understand market timing & strategic contracting)
  • Market Intelligence & Price Discovery (flat price, basis, HTA’s, option strategies)
  • Daily Market Commentary (newsletters)
  • Plant Scheduling & Inventory Management
  • Logistics (tracking shipments & schedule management)
  • A/P – Customer / A/R – Supplier Management


Markets Serviced


  • Food (food service & retailer processors)
  • Biodiesel
  • Industrial
  • Livestock / Feed
  • Refiners
  • Co-Product Processors


Product Offerings


  • Soy (crude, crude degummed, once-refined, refined & bleached, RBD-Salad, PHO’s, FHO’s)
  • Canola (crude, super degummed, RBD-Salad)
  • Corn
  • Peanut
  • Palm
  • “IP” Oils (Non-GMO, Organic, High-Oleic) – expeller-pressed & hexane solvent
  • Co-Products (flush oils, lecithin, VOD-distillate & soapstock)

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Biographies

MARK HINGISS – Founder and Owner of VEOS 


Hingiss has held positions at Ventura Foods, Tyson Foods, CHS, Inc., and Global Risk Management before starting VEOS in 2007. While at CHS Hingiss managed all commercial aspects of the refinery and soy flour business, as well as transportation for the division. Hingiss has supported and participated actively in the industry by holding positions such as…


- The National Institute of Oilseed Processing (NIOP) – Board Member

- The American Fats and Oils Association (AFOA) – President, Director, Member

- The Institute of Shortening and Edible Oils (ISEO) – Nominating Chair & Director


JUSTIN NIELSEN – Broker  


Nielsen maintains strong ties to agricultural production with his family operation near Tyler, MN and has held positions at Minnesota Soybean Processors (MNSP) and South Dakota Soybean Processors (SDSP) merchandising soybeans, soybean meal & hulls, soybean crude & refined oils (including managing CME warehouse receipts and government and small business tenders), refined co-products and biodiesel, before joining VEOS in 2017. Nielsen has been actively involved within the fats & oils industry by serving within several industry organizations and associations and holding credentials such as…


- The National Institute of Oilseed Processing (NIOP) – Member

- The American Fats & Oils Association (AFOA) – Member 

- The Institute of Shortening and Edible Oils (ISEO) – Director

- Safe Quality Foods – SQF practitioner

- Hazard Analysis & Critical Control Points – HACCP certified

- Good Manufacturing Practices – GMP certified

- Standard Operating Procedures – SOP certified


ALISSA NOVOTNY – Broker  


Novotny has been a broker in the edible oil market for over 13 years. She began her career as a pastry chef, transitioning to the vegetable oil brokerage world when she joined Logue & Company in 2007. Her practical experience in restaurants and food handling gives her a valuable and unique perspective of the food industry. Novotny's years in the business have yielded experience and knowledge, as well as deep ties and relationships throughout the vegetable oil industry.  She has a solid background in sales, trading, and logistics.  Novotny joined VEOS in 2020 and holds the following credentials…


- The American Fats & Oils Association (AFOA) – Member

- Hazard Analysis & Critical Control Points – HACCP certified


SARAH DOWNING – Office and Customer Service Manager 


Downing has held positions at ADM since 2012. Most recently she serviced key accounts in her role as Customer Care Specialist.  Downing has dedicated her past four professional years  to customer care and service. Downing manages all order entry, order tracking, contract management, customized reports, and is tasked with seeing that the supply chain is seamless.

VEOS Office Locations

Mark Hingiss

Justin Nielsen

Justin Nielsen

3109 E. Sierra Madre Way

Phoenix, AZ  85016

mark@valleyoilbroker.com

612-325-9932

Justin Nielsen

Justin Nielsen

Justin Nielsen

1739 Cypress Point Drive

Brookings, SD  57006

justin@valleyoilbroker.com

605-690-2693

Alissa Novotny

Justin Nielsen

Alissa Novotny

161 Bartley Road

Long Valley, NJ  07853

alissa@valleyoilbroker.com

908-879-0223

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