How Much Does A Grain Merchandiser Make?

by | Last updated on January 24, 2024

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The salaries of Grain Merchandisers in the US range from

$18,970 to $140,878

, with a median salary of $75,140 . The middle 50% of Grain Merchandisers makes between $75,140 and $81,000, with the top 83% making $140,878.

What is a grain merchandiser do?

Grain merchandising describes

the process of buying and selling grain

. … Thus in their role as “middle men”, grain merchandisers serve a critical marketing function – buying grain when farmers want to sell, and storing grain until users want to buy it.

How do you become a grain merchandiser?

Many grain merchandisers have a

bachelor's degree in agriculture science, finance, or a related field

, in addition to experience working somewhere like a grain elevator, processor, or feeder. Some grain merchandiser jobs may only require on the job experience.

What qualifications do you need to be a merchandiser?

  • Excellent business acumen.
  • Enthusiasm and self-motivation.
  • The confidence and conviction to stand by your ideas.
  • Excellent organisation and interpersonal skills.
  • Prioritisation and delegation skills.

How many years does it take to become a merchandiser?

Most positions working as a merchandiser require

at least two years of prior

professional experience working in retail.

How much does a grain trader make?

Average Salary for a Grain Trader

Grain Traders in America make an average salary of

$100,823 per year

or $48 per hour. The top 10 percent makes over $172,000 per year, while the bottom 10 percent under $58,000 per year.

How much does a grain originator make?

The average grain originator salary in the USA is

$65,000 per year

or $33.33 per hour. Entry level positions start at $65,000 per year while most experienced workers make up to $97,500 per year.

Where do grain merchandisers work?

They buy from farmers at a basis price at harvest, which is set based on the futures price, or the amount a buyer agrees to pay at a later date. Merchandisers often work for

, processors, or businesses that can hold the grain

until resale.

What is a grain basis?

Basis is

the difference between the cash price paid for your grain and the nearby Chicago Board of Trade futures price

. Basis is often called “the voice of the market” because it's an indication of whether or not the market wants your grain. A narrow or improving cash basis is a signal that the market wants your grain.

What does a grain originator do?

The Grain Originator will

assist farmer producers in the development of their grain marketing programs

, with an emphasis on the education of producers using grain options strategies in their marketing plan.

Is merchandiser a good job?

Pros of becoming a Merchandiser

The job of a merchandiser is

quite innovative and challenging

. The job never gets monotonous or boring. Lots of opportunities are available for a merchandiser in the market. With hard work and sufficient experience, is not difficult to get a good job.

Do merchandisers make good money?

City San Francisco, CA Annual Salary $34,417 Monthly Pay $2,868 Weekly Pay $662 Hourly Wage $16.55

What's a merchandiser job description?

A Merchandiser, or Retail Merchandiser,

handles a store's inventory levels and product displays

. Their main duties include submitting warehouse inventory reports, clearing any unwanted products from displays and monitoring the sales performances of products.

What is a merchandiser salary?

Percentile Salary Location 10th Percentile Merchandiser Salary $29,349 US 25th Percentile Merchandiser Salary $42,798 US 50th Percentile Merchandiser Salary

$58,813

US
75th Percentile Merchandiser Salary $73,466 US

What is an entry level merchandiser?

Merchandisers are “

image consultants

for the retail world.” Retailers use merchandising to promote specific products and services and increase sales. … Merchandisers also deliver educational materials to the store for training new employees or teaching sales tactics to existing workers.

Why should I become a merchandiser?

Why do you want to work as a merchandiser?

Because you know that the devil is in detail

. You have the passion for design, for identifying patterns in customer behavior, and you enjoy making a difference with your work. This is no shelve-stocking job for you, though you understand that you may restock some shelves.

Rachel Ostrander
Author
Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.