How much does a Commodity Specialist make? The average Commodity Specialist salary is $67,022 as of April 26, 2022, but the salary range typically falls between $60,290 and $73,153. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, 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.
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What does a Commodity Specialist do?
Commodity Specialist
Manage purchase orders or subcontracts, document notes and due dates, and resolve purchase order or subcontract issues.
August 15, 2021
Support the forward contracting and other trade desk functions by assisting in the reporting of synthetic Class III and Class IV and other commodity pricing opportunities.
September 17, 2021
Lead RFQs and award business to winning suppliers based on parameters set by internal customers and business requirements.
October 21, 2021
Demonstrated knowledge of the systems and processes used to support the supply chain processes as it pertains to shipments of commodities.
November 12, 2021
Execute the Labor commodity strategy, projects and initiatives in alignment with business priorities to meet business targets.
November 12, 2021
Prepare or present purchase order or subcontract status to programs and participate in status meetings, may work directly with program and customer management to determine and meet program requirements.
November 17, 2021
Assist with DFA Risk Management administrative functions as needed (invoices, vouchers, margining responsibilities, meeting scheduling and materials, etc.
December 29, 2021
Commodity Specialist Salary in Major Cities
This chart shows the salary comparison for Commodity Specialist between major cities. San Francisco City consistently ranks #1 as of April 26, 2022. Click on the chart to see the detail salary data for Commodity Specialist in each city.
Commodity Specialist Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Commodity Specialist Salary by City
Click to see the salary for Commodity Specialist in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $83,777 |
| Washington, DC | $74,609 |
| Miami, FL | $65,247 |
| Chicago, IL | $71,103 |
| Boston, MA | $75,514 |
| New York, NY | $80,627 |
| Dallas, TX | $66,586 |
If you'd like know Commodity Specialist Salary in other cities, then please select a city in
Average Salary Range for Commodity Specialist
Average Base Salary
Core compensation
60290
73153
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Commodity Specialist in 2022?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commodity Specialist in the United States. The base salary for Commodity Specialist ranges from $60,290 to $73,153 with the average base salary of $67,022. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $60,702 to $74,787 with the average total cash compensation of $67,525.
View Average Salary for Commodity Specialist as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $67,022 | $60,290 - $73,153 |
| Bonus | $503 | $413 - $1,634 |
| Total Pay | $67,525 | $60,702 - $74,787 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Commodity Specialist online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Commodity Specialist, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Commodity Specialist
What's the difference between Strategic Commodity Buyer IV and Commodity Specialist?
According to our latest salary estimation on April 26, 2022. The average salary of Commodity Specialist is $67,022, and the average salary of Strategic Commodity Buyer IV is $121,090. The average salary of Strategic Commodity Buyer IV is higher than Commodity Specialist. ( 2022-04-26 salary.com )
I am a Commodity Specialist, which location’s salary is higher, San Bernardino, CA or Arlington, MA?
Arlington, MA typically sees higher pay than San Bernardino, CA for Commodity Specialist. a Commodity Specialist Salary in Arlington, MA is $75,514 as of April 26, 2022; a Commodity Specialist Salary in San Bernardino, CA is $71,401 as of April 26, 2022. ( 2022-04-26 salary.com )
Commodity Specialist Frequently Asked Questions
Why does the salary of a Commodity Specialist vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2022-04-26 salary.com )
What are the Pay Factors for Commodity Specialist?
Salary ranges for a Commodity Specialist can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2022-04-26 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2022-04-26 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: April 26, 2022