Grain trader vs commodity trader

The differences between grain traders and commodity traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a grain trader has an average salary of $107,547, which is higher than the $93,220 average annual salary of a commodity trader.

The top three skills for a grain trader include commodities, arbitrage and wheat. The most important skills for a commodity trader are commodities, commodity trading, and logistics.

Grain trader vs commodity trader overview

	Grain Trader	Commodity Trader
Yearly salary	$107,547	$93,220
Hourly rate	$51.71	$44.82
Growth rate	10%	10%
Number of jobs	1,017	10,906
Job satisfaction	5	-
Most common degree	Bachelor's Degree, 85%	Bachelor's Degree, 77%
Average age	43	43
Years of experience	6	-

Grain trader vs commodity trader salary

Grain traders and commodity traders have different pay scales, as shown below.

	Grain Trader	Commodity Trader
Average salary	$107,547	$93,220
Salary range	Between $61,000 And $188,000	Between $55,000 And $156,000
Highest paying City	-	Stamford, CT
Highest paying state	-	New Hampshire
Best paying company	-	The Citadel
Best paying industry	-	Finance

Differences between grain trader and commodity trader education

There are a few differences between a grain trader and a commodity trader in terms of educational background:

	Grain Trader	Commodity Trader
Most common degree	Bachelor's Degree, 85%	Bachelor's Degree, 77%
Most common major	Business	Finance
Most common college	Harvard University	University of Pennsylvania

Grain trader vs commodity trader demographics

Here are the differences between grain traders' and commodity traders' demographics:

	Grain Trader	Commodity Trader
Average age	43	43
Gender ratio	Male, 60.9% Female, 39.1%	Male, 87.3% Female, 12.7%
Race ratio	Black or African American, 4.3% Unknown, 4.0% Hispanic or Latino, 8.4% Asian, 9.6% White, 73.5% American Indian and Alaska Native, 0.2%	Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.3% Asian, 12.2% White, 66.7% American Indian and Alaska Native, 0.2%
LGBT Percentage	6%	6%

Differences between grain trader and commodity trader duties and responsibilities

Grain trader example responsibilities.

Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
Purchase and sell physical commodities in order to capitalize on arbitrage opportunities between various locations, markets and commodities.
Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
Make markets electronically in CME commodity option markets.

Commodity trader example responsibilities.

Trade, build, manage, and modele interest rate derivative positions via exchange floor
Manage and execute physical/financial grains book as well as base metal arbitrage portfolio.
Manage procurement and sales of bulk grains and agricultural commodities for redistribution into local dairy operations in Idaho.
Trade a variety of investment vehicles including commodity futures, FOREX and equities.
Develop automated and discretionary trading systems for currency, commodity futures, and equities markets.
Assist in audits from FINRA at corporate and branch levels.

Grain trader vs commodity trader skills

Common grain trader skills

Commodities, 52%
Arbitrage, 30%
Wheat, 18%

Common commodity trader skills

Commodities, 14%
Commodity Trading, 11%
Logistics, 11%
Market Trends, 9%
Derivative, 6%
Financial Markets, 5%

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Grain Trader
Grain Trader vs Commodity Trader

Updated January 8, 2025

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