Commodity Specialist Salary in Chicago, Illinois

How much does a Commodity Specialist make in Chicago, IL?

As of May 01, 2025, the average annual salary for a Commodity Specialist in Chicago, IL is $81,883. Salary.com reports that pay typically ranges from $74,443 to $93,163, with most professionals earning between $67,669 and $103,433.

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Salary range for an Commodity Specialist

$74,443 to $93,163

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Commodity Specialist

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Job Openings for Commodity Specialist in Chicago, IL

What does a Commodity Specialist do?

Common responsibilities of a Commodity Specialist

Communicates and executes the egg desk strategies with the procurement teams to finalize purchase activities and GTM/planning teams to finalize sales.

December 25, 2022

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.

January 10, 2023

Lead RFQs and award business to winning suppliers based on parameters set by internal customers and business requirements.

February 11, 2023

Manage purchase orders or subcontracts, document notes and due dates, and resolve purchase order or subcontract issues.

February 14, 2023

Demonstrated knowledge of the systems and processes used to support the supply chain processes as it pertains to shipments of commodities.

March 21, 2023

Act as official company liaison for and resolve purchase order or subcontract matters with customer and/or program management.

April 05, 2023

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.

April 23, 2023

Negotiate the full spectrum of products, goods, and services for the IT Horizontal to include hardware, software, and professional services.

May 04, 2023

Execute the Labor commodity strategy, projects and initiatives in alignment with business priorities to meet business targets.

May 05, 2023

Assist with DFA Risk Management administrative functions as needed (invoices, vouchers, margining responsibilities, meeting scheduling and materials, etc.

May 16, 2023

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Commodity Specialist Salary By Experience Levels in Chicago, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Commodity Specialist Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

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Average Salary Range for Commodity Specialist in Chicago, IL

Average Base Salary

Core compensation

74443

93163

81883

Average Total Cash Compensation

Includes base and annual incentives

75960

96970

84674

What is the average salary for Commodity Specialist in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commodity Specialist in Chicago, IL. The base salary for Commodity Specialist ranges from $74,443 to $93,163 with the average base salary of $81,883. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $75,960 to $96,970 with the average total cash compensation of $84,674.

View Average Salary for Commodity Specialist as table

	Average Salary	Average Salary Range
Base Salary	$81,883	$74,443 - $93,163
Bonus	$2,791	$1,517 - $3,807
Total Pay	$84,674	$75,960 - $96,970

* 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.

Commodity Specialist Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $74,443 - $93,163	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $74,443 - $93,163	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $74,357 - $93,055	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $74,414 - $93,127	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $74,414 - $93,127	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $72,887 - $91,216	COMPARE TO Chicago, IL

See salaries for Commodity Specialist in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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