7.1.2.1Vertical
Agricultural Commodity Brokers
Brokerage firms arranging commodity transactions between producers, elevators, and end-users.
Market snapshot
These figures describe Agricultural Commodity Trading & Merchandising (7.1.2), the segment that Agricultural Commodity Brokers sits within — not Agricultural Commodity Brokers on its own.
- Market size
- ~$279B
- Growth
- ~8.4%CAGR (2017–22, nominal)
- Companies
- ~4,500
FragmentationConsolidatedEstimate
U.S. Census Bureau 2022 CBP/Economic Census, NAICS 424510 (grain & field bean merchant wholesalers); figures are pass-through trade and reflect the 2021–22 commodity-price boom.
Business model & economics
Revenue model
Commodity origination, storage, trading, and merchandising
Key economics
- Recurring revenue
- Moderate
- EBITDA margin
- Thin pass-through; volatility- and logistics-driven
- Capex intensity
- Moderate
recurring trade flows; volatile margins
Characteristics
- Dominated by ABCD trading houses and CHS.
- Margins driven by global imbalances and volatility.
- Information, storage, and origination networks key.
M&A deal context
Deal activityModerate
Who’s acquiring
- Global trading houses
- Cooperatives & regional merchandisers
- Vertically-integrating processors
What’s driving deals
- Scale and origination-network consolidation.
- Vertical integration into processing.
- Global trade-flow and storage positioning.
Find Agricultural Commodity Brokers acquisition targets
Search Acquisera’s index for companies classified under Agricultural Commodity Brokers (7.1.2.1) and build a targeted deal pipeline.
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