111150 - Corn Farming
Corn plays a vital role in the U.S. agricultural economy, serving as a cornerstone for food, feed, and industrial products. If you’re involved in growing corn for grain, seed, or silage, your business likely falls under NAICS code 111150 - Corn Farming. This specific NAICS classification helps define the scope of corn-related farming activities and is essential for government contracting, financing, and regulatory purposes.
What is NAICS Code 111150?
NAICS code 111150 is designated for businesses engaged primarily in corn farming. This includes all operations involved in planting, cultivating, and harvesting corn crops for various uses such as:
- Grain corn (used for food products and further processing)
- Seed corn (used for growing future crops)
- Silage corn (used as livestock feed)
This classification is part of the wider agriculture sector focused on crop production.
Sector Overview: Agriculture, Forestry, Fishing, and Hunting
Corn farming is categorized under the sector:
Agriculture, Forestry, Fishing, and Hunting
This sector encompasses the cultivation of crops and raising of animals to provide raw materials and food. Within this sector, corn farming is a specialized category essential to the U.S. food supply chain and biofuel industries.
Typical Business Types Under NAICS 111150
Businesses classified under NAICS 111150 generally include:
- Grain corn farms: Farms producing corn primarily for grain commodities.
- Seed corn producers: Operations focused on growing high-quality seed corn for sale.
- Silage corn farms: Farms cultivating corn specifically for animal feed in silage form.
These businesses often integrate modern farming techniques, including precision agriculture, to optimize yields and quality.
Size Standard for NAICS 111150
For small business eligibility and government contracting purposes, the SBA size standard for NAICS code 111150 is:
- $2.5 million dollars in average annual receipts
This means businesses with average annual revenues of $2.5 million or less are considered small businesses in the corn farming industry.
Examples of Businesses Under NAICS 111150
- Johnson Family Grain Corn Farm — specializes in commodity corn grain production.
- GreenSeed Corn Producers LLC — focuses on developing and selling certified seed corn varieties.
- Harvest Silage Farms — devoted to producing silage corn for regional livestock operations.
These examples highlight the diverse focus within corn farming, from commercial grain production to specialized seed and silage operations.
Frequently Asked Questions (FAQs)
What activities are included in NAICS code 111150?
NAICS 111150 covers the planting, cultivating, and harvesting of corn primarily for grain, seed, or silage purposes.
Is silage corn farming different from grain corn farming?
Yes. Silage corn is harvested green for livestock feed, while grain corn is dried and used for food products, ethanol, and other purposes.
What is the small business size standard for corn farming?
The SBA size standard for NAICS 111150 is $2.5 million in average annual receipts.
How is seed corn farming categorized under NAICS 111150?
Seed corn farms grow corn specifically for producing seeds used to plant future corn crops and fall under this classification.
Can a farm growing both corn and soybeans fall under NAICS 111150?
Only the corn-related production activities would fall under 111150. Soybean farming would be classified separately under its own NAICS code.
Conclusion
Understanding NAICS code 111150 - Corn Farming is crucial for producers, contractors, and service providers operating in the agricultural sector. This classification not only defines the scope of corn production but also determines the size standards that affect federal contracting and compliance. Whether you run a grain corn farm, seed corn operation, or silage corn business, knowing your NAICS code can unlock opportunities and streamline regulatory processes.
Keywords: NAICS code 111150, Corn Farming, grain corn farms, seed corn producers, silage corn farms, agriculture NAICS codes, corn farming size standards, SBA small business corn farming
