11112 - Oilseed (except Soybean) Farming
Introduction
NAICS Code 11112 represents a specialized sector within the agricultural industry focusing on Oilseed (except Soybean) Farming. As demand rises for vegetable oils and related products, businesses under this code play a crucial role in the agriculture supply chain. Understanding NAICS 11112 is essential for farmers, contractors, suppliers, and government agencies involved in agricultural production and procurement.
What is NAICS Code 11112?
NAICS Code 11112 covers establishments primarily engaged in the cultivation of oilseed crops, excluding soybeans. These oilseeds include sunflower seeds, canola, safflower, and other non-soybean oilseed varieties. These farms grow crops that are processed into vegetable oils, animal feed, and other industrial products.
Sector: Agriculture, Forestry, Fishing and Hunting
NAICS 11112 falls under the broader sector of Agriculture, Forestry, Fishing and Hunting (Sector 11). This sector comprises establishments that produce raw agricultural products from farms, forests, or fisheries.
Typical Business Activities under NAICS 11112
Businesses classified under NAICS 11112 primarily engage in:
- Sunflower seed farming
- Canola farming
- Safflower farming
- Cultivation of other oilseeds excluding soybeans
- Producing raw oilseeds for processing into vegetable oil, feed, and industrial uses
Examples of Business Types
- Family-owned oilseed farms
- Commercial sunflower seed producers
- Large-scale canola growers
- Specialty safflower farms
Size Standards for NAICS 11112
To qualify as a small business under NAICS 11112, the U.S. Small Business Administration (SBA) size standards generally use average annual receipts: $1 million. This threshold helps determine eligibility for government contracts, loans, and assistance programs.
NAICS 11112 Code Details Table
NAICS Code | Title | Description | Sector | Size Standard (Annual Receipts) | Typical Business Examples |
---|---|---|---|---|---|
11112 | Oilseed (except Soybean) Farming | Establishments primarily engaged in growing oilseed crops other than soybeans like sunflower, canola, safflower. | Agriculture, Forestry, Fishing and Hunting | $1 million | Sunflower seed farming, Canola farming, Safflower farming |
Frequently Asked Questions (FAQs)
What crops are included in NAICS 11112?
NAICS 11112 includes oilseed crops such as sunflower seeds, canola, safflower, and other non-soybean oilseeds.
How is NAICS 11112 different from soybean farming?
Soybean farming is classified separately under NAICS 11111, while NAICS 11112 excludes soybeans and focuses on other oilseed crops.
What is the main use of crops grown under this code?
These oilseeds are mainly used for producing vegetable oils, animal feed, and other byproducts.
What are the small business size standards for NAICS 11112?
The SBA defines small businesses in this category typically as those with annual receipts not exceeding $1 million.
Can overseas companies be classified under NAICS 11112?
NAICS codes are a U.S. classification system but are also used internationally for classification purposes. Eligibility for U.S. government programs depends on specific criteria.
Conclusion
NAICS Code 11112 - Oilseed (except Soybean) Farming represents a vital industry segment within agriculture, focusing on diverse oilseed crops that fuel various products and industries. Whether you are a farmer, supplier, or government contractor, understanding the specifics of NAICS 11112 helps you identify business opportunities and navigate federal regulations effectively.
Harness the growing market for sunflower, canola, and safflower crops by aligning your operations with the defined NAICS standards and tapping into government programs designed for agricultural enterprises.
Keywords: NAICS 11112, oilseed farming, sunflower seed farming, canola farming, safflower farming, agriculture NAICS codes, oilseed crops, small business size standards, vegetable oil production