112120 - Dairy Cattle and Milk Production
The agricultural industry is vast and diverse, encompassing many vital sectors that fuel our economy and food supply. One important classification within this sector is NAICS code 112120 - Dairy Cattle and Milk Production. Whether you are a farmer, supplier, contractor, or business analyst, understanding this NAICS code can help you navigate regulations, business opportunities, and market trends related to milk production.
What is NAICS Code 112120?
NAICS code 112120 specifically covers establishments primarily engaged in the commercial production of milk from dairy cattle. This includes the entire process of raising dairy cows and milking them for the production of fluid milk and cream used in consumer and industrial dairy products.
Sector Overview: Agriculture, Forestry, Fishing and Hunting
NAICS 112120 falls under the Agriculture, Forestry, Fishing and Hunting sector. This sector plays a crucial role in supplying raw materials to food processing industries and supporting rural economies. Dairy cattle farming is a core activity within this sector, focusing on sustainable livestock management and efficient milk production.
Key Activities Under NAICS 112120
Businesses classified under this code typically engage in the following activities:
- Dairy cattle farming: Raising and maintaining herds of dairy cows.
- Milk production: Milking dairy cows to produce fluid milk and cream.
- Milking dairy cattle: Utilization of mechanical or manual milking techniques to extract milk.
Size Standard for NAICS Code 112120
For government contracting and SBA programs, the size standard for NAICS 112120 is set at:
| Size Standard | Type |
|---|---|
| $3.75 million | Average annual receipts |
This means that to qualify as a small business under this NAICS code, the average annual receipts over the past three years should not exceed $3.75 million.
Examples of Businesses Under NAICS 112120
The following are typical types of businesses and operations that fall under this NAICS code:
- Dairy farms: Facilities dedicated to raising dairy cattle and producing milk.
- Milk production operations: Businesses focused on milking dairy cattle and selling raw milk.
- Dairy cattle raising establishments: Farms and ranches primarily managing dairy herds.
NAICS Code 112120 - Dairy Cattle and Milk Production Details
| Aspect | Description |
|---|---|
| NAICS Code | 112120 |
| Title | Dairy Cattle and Milk Production |
| Sector | Agriculture, Forestry, Fishing and Hunting |
| Primary Activities | Dairy cattle farming, Milk production, Milking dairy cattle |
| Size Standard | $3.75 million (Average annual receipts) |
| Examples of Business | Dairy farms, Milk production operations |
Frequently Asked Questions (FAQs)
What does NAICS code 112120 represent?
NAICS code 112120 represents the commercial industry involved in the raising of dairy cattle and the production of fluid milk and cream.
Which sector does NAICS 112120 belong to?
It belongs to the Agriculture, Forestry, Fishing and Hunting sector.
What is the size standard for NAICS code 112120?
The size standard is $3.75 million in average annual receipts.
What types of businesses use NAICS code 112120?
Dairy farms, milk production operations, and other establishments that raise dairy cattle and produce milk use this code.
Why is this NAICS code important?
It helps classify dairy production businesses for regulatory, tax, and contracting purposes, especially for small business benefits.
Conclusion
Understanding NAICS code 112120 - Dairy Cattle and Milk Production is essential for businesses operating in the dairy industry or those seeking government contracting opportunities in agriculture. This classification neatly captures the core business activities related to dairy cattle and milk production under a clear size standard, fostering better market analysis and eligibility for small business programs.
By leveraging this knowledge, farmers and entrepreneurs can better navigate compliance requirements, identify opportunities, and connect with the right networks in the agriculture sector. If you operate in dairy cattle farming or milk production, aligning your business with NAICS 112120 can open doors to new avenues and growth within the agricultural economy.
