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Grain trader vs licensed sales agent

The differences between grain traders and licensed sales agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a grain trader and a licensed sales agent. Additionally, a grain trader has an average salary of $107,547, which is higher than the $36,453 average annual salary of a licensed sales agent.

The top three skills for a grain trader include commodities, arbitrage and wheat. The most important skills for a licensed sales agent are real estate, lead generation, and customer service.

Grain trader vs licensed sales agent overview

Grain TraderLicensed Sales Agent
Yearly salary$107,547$36,453
Hourly rate$51.71$17.53
Growth rate10%10%
Number of jobs1,01763,324
Job satisfaction5-
Most common degreeBachelor's Degree, 85%Bachelor's Degree, 55%
Average age4343
Years of experience66

Grain trader vs licensed sales agent salary

Grain traders and licensed sales agents have different pay scales, as shown below.

Grain TraderLicensed Sales Agent
Average salary$107,547$36,453
Salary rangeBetween $61,000 And $188,000Between $25,000 And $51,000
Highest paying City-Minnetonka, MN
Highest paying state-New York
Best paying company-Oracle
Best paying industry-Finance

Differences between grain trader and licensed sales agent education

There are a few differences between a grain trader and a licensed sales agent in terms of educational background:

Grain TraderLicensed Sales Agent
Most common degreeBachelor's Degree, 85%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeHarvard UniversityStanford University

Grain trader vs licensed sales agent demographics

Here are the differences between grain traders' and licensed sales agents' demographics:

Grain TraderLicensed Sales Agent
Average age4343
Gender ratioMale, 60.9% Female, 39.1%Male, 45.1% Female, 54.9%
Race ratioBlack 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, 5.9% Unknown, 4.2% Hispanic or Latino, 12.6% Asian, 9.5% White, 67.6% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between grain trader and licensed sales agent 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.

Licensed sales agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Develop a working knowledge of the Medicaid program used to educate customers on product eligibility.
  • Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.
  • Service Humana ACA plan members on benefits, service.
  • Comply with all regulatory guidelines as well as HIPAA and privacy guidelines, demonstrate client/customer confidentiality.
  • Handle, process and accurately record confidential financial and health customer information following all applicable HIPAA privacy laws.
  • Show more

Grain trader vs licensed sales agent skills

Common grain trader skills
  • Commodities, 52%
  • Arbitrage, 30%
  • Wheat, 18%
Common licensed sales agent skills
  • Real Estate, 27%
  • Lead Generation, 24%
  • Customer Service, 7%
  • Auto Insurance, 3%
  • Medicare Advantage, 3%
  • Inbound Calls, 3%