92614 - Regulation of Agricultural Marketing and Commodities
In the complex world of agriculture and commodity trading, ensuring fair practices and compliance with regulations is key. This is where NAICS code 92614 - Regulation of Agricultural Marketing and Commodities plays a crucial role. Whether you're a business owner, government contractor, or simply researching industry classifications, understanding this NAICS code is essential for navigating the regulatory landscape in agricultural marketing.
What is NAICS Code 92614?
NAICS code 92614 represents government establishments primarily engaged in regulating agricultural marketing and commodities. These agencies enforce regulations related to agricultural product standards, marketing practices, and commodity trading to ensure fairness, transparency, and safety within the agricultural sector.
This NAICS classification is part of the broader Public Administration sector, focusing specifically on the regulatory framework that governs agricultural markets and commodity exchanges.
Sector Overview: Public Administration
- Sector: Public Administration
- Industry: Regulation of Agricultural Marketing and Commodities
- Primary Focus: Oversight and enforcement of agricultural marketing regulations and commodity trading standards
- Purpose: Safeguard market integrity, protect consumers and producers, and facilitate fair trade practices
Typical Business Activities Under NAICS 92614
Businesses and agencies under this code engage in a range of activities including:
- Enforcement of agricultural product quality and safety standards
- Oversight of marketing practices in agricultural markets
- Regulation of commodity futures trading activities
- Monitoring and controlling agricultural marketing to prevent fraud and malpractice
- Providing guidance and compliance assistance to agricultural businesses
Examples of typical organizations and agencies include:
- Agricultural marketing regulatory agencies
- Commodity futures trading commissions
- Agricultural product standards enforcement offices
Size Standards for Eligibility
Most entities under NAICS code 92614 are government establishments that do not fall under traditional small business size standards as defined by the SBA. However, for contracting and assistance programs, eligibility will depend on specific contract or funding requirements rather than standard small business size definitions.
NAICS Code 92614 Details
| Attribute | Details |
|---|---|
| NAICS Code | 92614 |
| Title | Regulation of Agricultural Marketing and Commodities |
| Description | Government establishments primarily engaged in regulating agricultural marketing and commodities, enforcing agricultural product standards, marketing practices, and commodity trading regulations |
| Sector | Public Administration |
| Typical Business Types | Agricultural marketing regulatory agencies, Commodity futures trading commissions, Agricultural product standards enforcement offices |
| Size Standards | Typically government entities; size standards vary based on contract specifics |
Frequently Asked Questions (FAQs)
What does NAICS code 92614 cover?
It covers government entities focused on regulating agricultural marketing and commodities, including enforcement of product standards and commodity trade regulations.
Which sector does NAICS 92614 belong to?
It is classified within the Public Administration sector.
What kinds of businesses fall under NAICS 92614?
Examples include agricultural marketing regulatory agencies, commodity futures trading commissions, and agricultural product standards enforcement offices.
Are there size standards for businesses under this NAICS code?
Most entities under this code are government establishments; therefore, traditional small business size standards may not apply and eligibility depends on contract requirements.
Why is understanding NAICS 92614 important?
Knowledge of this code enables businesses and contractors to identify regulatory bodies responsible for agricultural marketing oversight and to align with compliance requirements when engaging in agricultural commodity markets.
Conclusion
NAICS code 92614 plays a pivotal role in maintaining the integrity and fairness of agricultural markets and commodities trading. If you operate within or alongside this space, understanding the scope and regulatory responsibilities tied to this NAICS code is essential for compliance, contracting, and strategic planning.
For businesses related to agricultural marketing or commodity trading, collaborating with entities identified by NAICS 92614 ensures regulatory adherence and promotes a fair marketplace for producers and consumers alike.
Keywords: NAICS 92614, Regulation of Agricultural Marketing, Agricultural Commodities Regulation, Public Administration NAICS, Agricultural Product Standards, Commodity Futures Trading, Agricultural Marketing Agencies
