112930 - Fur-Bearing Animal and Rabbit Production
In the realm of agriculture and fur production, NAICS Code 112930 holds significant importance. This code specifically addresses businesses engaged in raising fur-bearing animals and rabbits, primarily for their fur. Whether you're a government contractor, entrepreneur, or industry enthusiast, understanding this NAICS classification is crucial for regulatory compliance, business development, and market analysis.
What is NAICS Code 112930?
NAICS Code 112930, titled Fur-Bearing Animal and Rabbit Production, covers establishments primarily involved in breeding, raising, and harvesting animals like mink, foxes, and rabbits for fur production. This niche industry plays a unique role within the broader agriculture sector.
Sector Overview
- Sector: Agriculture, Forestry, Fishing and Hunting
- Subsector: Animal Production and Aquaculture
- Industry Group: Animal Production
Detailed Description of NAICS 112930
This industry includes a variety of fur-producing animal operations such as:
- Mink farms
- Fox farms
- Rabbit farms dedicated to fur harvesting
- Chinchilla farms
Activities typically involve:
- Breeding fur-bearing animals
- Rearing these animals in controlled farm environments
- Harvesting fur for commercial use
Typical Business Activities
- Fur-bearing animal production
- Rabbit production for fur
- Raising specialized fur animals like chinchillas and foxes
- Processing hides and pelts for the fur market (often as part of integrated operations)
Size Standard for NAICS 112930
The Small Business Size Standard set by the SBA for NAICS 112930 is:
| Size Standard Type | Size Standard Limit |
|---|---|
| Average Annual Receipts | $3.75 million dollars |
Businesses with annual receipts at or below this threshold qualify as small businesses under this NAICS code. This classification is important for federal contracting and accessing specific small business programs.
Examples of Businesses Under NAICS Code 112930
- Mink Farms: Specialized farms raising mink for high-quality fur production.
- Fox Farms: Facilities cultivating various species of foxes primarily for their pelts.
- Rabbit Fur Farms: Operations focusing on rabbits bred specifically for fur harvesting.
- Chinchilla Fur Producers: Breeders of chinchillas prized for their soft and dense fur.
NAICS 112930 Code Details Table
| NAICS Code | Description | Examples of Business Types | Sector |
|---|---|---|---|
| 112930 | Fur-Bearing Animal and Rabbit Production | Mink farms, Fox farms, Rabbit farms, Chinchilla production | Agriculture, Forestry, Fishing and Hunting |
Frequently Asked Questions (FAQs) About NAICS Code 112930
1. What animals are included under NAICS 112930?
NAICS 112930 includes fur-bearing animals such as mink, foxes, chinchillas, and rabbits raised primarily for their fur.
2. Which sector does this NAICS code belong to?
It is part of the Agriculture, Forestry, Fishing and Hunting sector.
3. What is the size standard for a small business under code 112930?
The size standard is based on average annual receipts and is set at $3.75 million dollars.
4. Can rabbit farms raising rabbits for meat fall under this code?
No. This code specifically covers rabbit farms that raise rabbits for fur, not meat production.
5. Are fur processing operations included in NAICS 112930?
This code primarily covers raising and breeding animals. Fur processing may fall under different NAICS codes related to manufacturing.
Conclusion
Understanding NAICS Code 112930 - Fur-Bearing Animal and Rabbit Production is essential for businesses involved in the niche fur production industry. Whether you're operating a mink farm or a chinchilla raising facility, this NAICS code helps classify your business for government contracting opportunities, regulatory compliance, and industry reporting. With a size standard of $3.75 million in annual receipts, many small to midsize farms qualify under this code, enabling them to participate in targeted small business programs.
Stay informed and leverage your NAICS classification to grow your fur-bearing animal and rabbit production business successfully!
