Farmers depend on grain merchandisers to purchase grains such as wheat, corn and beans and then resell them to wholesalers, retailers and companies in the renewable energy industry. Grain merchandisers evaluate the quality of grains, maintain records of inventory, coordinate the shipments of grains and ensure their companies comply with federal agriculture regulations. A high school degree is the minimum educational requirement for this job, and many grain merchandisers have bachelor's degrees in business, agricultural business and management. A bachelor's degree is required for advancing into higher-level purchasing manager positions. Their salaries are usually contingent on experience and geographic location.
Grain merchandisers earned average annual salaries of $66,000 as of 2014, according to the Indeed job site. Average salaries were higher overall in the South region, Indeed reported, where they made the most in Washington, D.C. at $83,000 a year and the least in Louisiana at $59,000. Salaries in the West tended to be lower, where grain merchandisers averaged $41,000 a year in Hawaii and $71,000 in California.
Slow Growth in Agricultural Industry
The U.S. Bureau of Labor Statistics does not have a separate job category for grain merchandisers, though it does have a broad category for purchasing managers, buyers and purchasing agents. The BLS estimates a 6 percent increase in employment for purchasing agents of farm products from 2012 to 2022, which is slower than the national average. This slower growth is primarily due to slower growth in the agricultural industry.
- U.S. Bureau of Labor Statistics: Occupational Outlook Handbook: How to Become a Purchasing Manager, Buyer, or Purchasing Agent
- Indeed: Grain Merchandiser Salary
- Indeed: Grain Merchandiser Salary in Maine, and New York
- Indeed: Grain Merchandiser Salary in Hawaii, and California
- Indeed: Grain Merchandiser Salary in Louisiana, and Washington, DC
- Indeed: Grain Merchandiser Salary in Nebraska, and Illinois
- U.S. Bureau of Labor Statistics: Occupational Employment Statistics: Buyers and Purchasing Agents, Farm Products
- U.S. Bureau of Labor Statistics: Occupational Employment Statistics: Buyers and Purchasing Managers
- U.S. Bureau of Labor Statistics: Purchasing Managers, Buyers, and Purchasing Agents: Job Outlook
- Photo Credit roman_slavik/iStock/Getty Images
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