How much does a Trader- Commodities make in the United States?
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The average Trader- Commodities salary in the United States is $98,119 as of November 27, 2023. The range for our most popular Trader- Commodities positions (listed below) typically falls between $90,044 and $106,195. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Trader- Commodities's Annual Base Salary
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Commodities Manager | $127,000 | $61.06 | United States | November 27, 2023 |
| Commodities Trader | $80,796 | $38.84 | United States | November 27, 2023 |
| Commodities Broker | $0 | $0.00 | United States | November 27, 2023 |
| Commodities Analyst | $0 | $0.00 | United States | November 27, 2023 |
| Commodities Purchasing Manager | $126,990 | $61.05 | United States | November 27, 2023 |
| Commodities Purchasing Director | $183,000 | $87.98 | United States | November 27, 2023 |
| Commodities Purchasing Specialist III | $92,200 | $44.33 | United States | November 27, 2023 |
| Commodities Purchasing Specialist IV | $115,600 | $55.58 | United States | November 27, 2023 |
| Commodities Purchasing Specialist II | $74,400 | $35.77 | United States | November 27, 2023 |
| Commodities Purchasing Specialist I | $61,400 | $29.52 | United States | November 27, 2023 |
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The Commodities Manager evaluates market conditions in order to maintain inventory levels and control costs. Develops, implements, and maintains a commodity inventory strategy that supports a company's supply chain. Being a Commodities Manager manages ongoing relationships with suppliers. Evaluates and recommends vendors. In addition, Commodities Manager requires a bachelor's degree in area of specialty. Typically reports to top management. The Commodities Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Commodities Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View Commodities Manager SalaryAlternate Job Titles:Commodity Manager, Commodities Purchasing Manager, Materials Procurement Manager, Strategic Commodity Purchasing Manager
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The Commodities Purchasing Manager evaluates market conditions in order to maintain inventory levels and control costs. Develops, implements, and maintains a commodity inventory strategy that supports a company's supply chain. Being a Commodities Purchasing Manager manages ongoing relationships with suppliers. Evaluates and recommends vendors. In addition, Commodities Purchasing Manager requires a bachelor's degree in area of specialty. Typically reports to top management. The Commodities Purchasing Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Commodities Purchasing Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View Commodities Purchasing Manager SalaryAlternate Job Titles:Commodity Manager, Commodities Manager, Materials Procurement Manager, Strategic Commodity Purchasing Manager
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The Commodities Purchasing Director implements policies and processes to purchase raw materials used to process and manufacture products or to conduct research or other business activities. Develops, implements, and maintains a commodity procurement and inventory strategy that supports a company's manufacturing supply chain. Being a Commodities Purchasing Director identifies, evaluates, and monitors suppliers to develop reliable sourcing and ensure the quality and availability of required commodities. Monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. In addition, Commodities Purchasing Director leads bidding and contract negotiations to obtain the best pricing to meet commodity needs. Analyzes inventory levels, manufacturing schedules, and long-term business objectives to plan and manage purchases. Ensures compliance with all applicable regulations and standards governing the purchase and delivery of goods. Requires a bachelor's degree in business, supply chain management. Typically reports to senior management. The Commodities Purchasing Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as a Commodities Purchasing Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. View Commodities Purchasing Director SalaryAlternate Job Titles:Commodity Director, Materials Procurement Director, Strategic Commodity Purchasing Director
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The Commodities Purchasing Specialist III monitors and analyzes the commodities market and overall economic conditions to ensure that commodities are purchased at competitive prices. Purchases commodities for use in manufacturing and other business applications. Being a Commodities Purchasing Specialist III requires a bachelor's degree in area of specialty. Participates in contract negotiations and ensures that orders include correct quantities and comply with quality standards. In addition, Commodities Purchasing Specialist III requires technical and purchasing expertise on assigned commodities. Typically reports to a manager. Being a Commodities Purchasing Specialist III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as a Commodities Purchasing Specialist III typically requires 4 -7 years of related experience. View Commodities Purchasing Specialist III SalaryAlternate Job Titles:Materials Procurement Buyer III, Strategic Commodity Buyer III
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The Commodities Purchasing Specialist IV monitors and analyzes the commodities market and overall economic conditions to ensure that commodities are purchased at competitive prices. Purchases commodities for use in manufacturing and other business applications. Being a Commodities Purchasing Specialist IV requires a bachelor's degree in area of specialty. Participates in contract negotiations and ensures that orders include correct quantities and comply with quality standards. In addition, Commodities Purchasing Specialist IV requires technical and purchasing expertise on assigned commodities. Typically reports to a manager. Being a Commodities Purchasing Specialist IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as a Commodities Purchasing Specialist IV typically requires 7+ years of related experience. View Commodities Purchasing Specialist IV SalaryAlternate Job Titles:Materials Procurement Buyer IV, Strategic Commodity Buyer IV
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The Commodities Purchasing Specialist II monitors and analyzes the commodities market and overall economic conditions to ensure that commodities are purchased at competitive prices. Purchases commodities for use in manufacturing and other business applications. Being a Commodities Purchasing Specialist II requires a bachelor's degree in area of specialty. Participates in contract negotiations and ensures that orders include correct quantities and comply with quality standards. In addition, Commodities Purchasing Specialist II requires technical and purchasing expertise on assigned commodities. Typically reports to a manager. Working as a Commodities Purchasing Specialist II typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. View Commodities Purchasing Specialist II SalaryAlternate Job Titles:Materials Procurement Buyer II, Strategic Commodity Buyer II
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The Commodities Purchasing Specialist I monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Purchases raw materials used to process and manufacture products or to conduct research or other business activities. Being a Commodities Purchasing Specialist I participates in bidding and contract negotiations to obtain the best pricing to meet commodity needs. Identifies, evaluates, and monitors suppliers to develop reliable sourcing and ensure the quality and availability of required commodities. In addition, Commodities Purchasing Specialist I analyzes inventory levels, manufacturing schedules, and long-term business objectives to plan and manage purchases. Complies with all applicable regulations and standards governing the purchase and delivery of goods. Typically requires a bachelor's degree in business, supply chain management or equivalent. Typically reports to a manager. Being a Commodities Purchasing Specialist I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as a Commodities Purchasing Specialist I typically requires 0-2 years of related experience. View Commodities Purchasing Specialist I SalaryAlternate Job Titles:Materials Procurement Buyer I, Strategic Commodity Buyer I