926140 - Regulation of Agricultural Marketing and Commodities
The agricultural industry plays a vital role in the economy and food security of any nation. Ensuring that agricultural products are marketed fairly and commodities traded transparently requires stringent government oversight. This is where NAICS code 926140 - Regulation of Agricultural Marketing and Commodities comes in. This government sector classification is essential for businesses and agencies engaged in the regulation and administration of agricultural marketing practices and commodity markets.
What is NAICS Code 926140?
NAICS code 926140 represents establishments primarily involved in the regulation of agricultural marketing and commodities. This industry encompasses government agencies that oversee the standards, marketing practices, commodity trading, and overall market stability for agricultural products.
The scope of this NAICS code includes activities such as:
- Setting and enforcing agricultural product standards
- Monitoring commodity futures and agricultural trading platforms
- Regulating marketing practices to promote fairness and transparency
- Implementing pest, weed, and animal quarantine controls linked to agriculture
Sector Overview
- Sector: Public Administration
- Industry: Regulation of Agricultural Marketing and Commodities
This sector ensures that agricultural products reach consumers through regulated, stable, and standardized markets. The government entities under this classification help uphold food safety, fair pricing, and sustainable agricultural trade practices.
Typical Business Activities Under NAICS 926140
Establishments coded under NAICS 926140 are involved in a diverse range of regulatory activities, including:
- Administration of agricultural cooperative extension programs
- Oversight of agricultural marketing services
- Regulation of agricultural pests and weed control programs
- Management of animal quarantine services
- Operation of food inspection agencies
- Enforcement of agricultural product standards
- Governance of commodity futures and trading commissions
- Administration of agriculture fair boards
Size Standards for NAICS Code 926140
For businesses and subcontractors interested in government contracting under this NAICS code, it is crucial to understand the Small Business Size Standard set by the U.S. Small Business Administration (SBA):
- Generally, firms in this industry are considered small businesses if they have fewer than 500 employees.
- However, size standards may vary depending on specific contract solicitations or government agency requirements.
Examples of Businesses and Agencies under NAICS 926140
Examples of entities classified under NAICS code 926140 include:
- Agricultural marketing regulatory agencies such as the Agricultural Marketing Service (AMS)
- Commodity futures trading commissions like the Commodity Futures Trading Commission (CFTC)
- Government offices and agencies responsible for the regulation of agricultural product quality and standards
- State-run animal quarantine and pest control departments
- Governmental food inspection organizations
Detailed Code Breakdown
| Code Detail | Description |
|---|---|
| Agricultural Cooperative Extension Program Administration | Management and administration of extension programs facilitating agricultural education and support |
| Agricultural Marketing Services, Government | Oversight and regulation of marketing practices and services related to agriculture |
| Agricultural Pest and Weed Regulation, Government | Enforcement of pest and weed control measures to protect crops and ecosystems |
| Agriculture Fair Boards Administration | Management of agricultural fairs and livestock exhibitions |
| Animal Quarantine Service, Government | Control and regulation of animal movement to prevent disease |
| Food Inspection Agencies | Inspection and quality assurance of food products |
| Pest Control Programs, Agriculture, Government | Regulatory programs targeting pests affecting agricultural resources |
| Regulation and Inspection of Agricultural Products | Enforcing standards for agricultural product quality and safety |
| Weed Control, Agriculture, Government | Managing invasive weed species harmful to agriculture |
Frequently Asked Questions (FAQ)
What activities are regulated under NAICS code 926140?
This code regulates agricultural marketing practices, commodity trading, product standards, pest and weed control, animal quarantine, and food inspection within the agricultural sector.
Which government agencies fall under NAICS 926140?
Examples include the Agricultural Marketing Service (AMS), Commodity Futures Trading Commission (CFTC), state agricultural departments, and food inspection agencies.
What is the small business size standard for NAICS 926140?
Typically, businesses with fewer than 500 employees qualify as small under this code, but always check specific contract requirements.
Why is regulation of agricultural commodities important?
Regulation helps ensure fair trading practices, market stability, food safety, and protects farmers and consumers alike.
Can private companies be classified under NAICS 926140?
This code primarily covers government establishments. However, private companies providing regulated services may contract with government agencies in this category.
Understanding the nuances of NAICS code 926140 is essential for businesses involved in agricultural commodities, government contracting, and regulatory compliance. Whether you are a regulatory agency or a contractor working alongside these entities, this code helps identify your place in the public administration framework governing agricultural markets.
For agencies or businesses involved in agricultural marketing regulation and oversight, aligning with NAICS 926140 ensures clear classification, better market understanding, and streamlined government contracting opportunities.
