NAICS 11111 - Soybean Farming
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Related NAICS Codes for NAICS 11111
Click on any NAICS code to explore that specific industry within NAICS 11111
| NAICS Code | Industry Title |
|---|---|
| 111110 | Soybean Farming |
What is NAICS 11111
NAICS 111110, Soybean Farming, encompasses establishments primarily engaged in growing soybeans. This sector includes a wide range of agricultural operations specializing in the cultivation of soybeans for various uses such as food products, animal feed, and biofuel production. Businesses operating under this code typically manage farmland, plant and harvest soybean crops, and may incorporate modern agronomic techniques and equipment to optimize yield and quality. Government agencies contract with soybean farming operations to secure reliable sources of soybeans for nutritional assistance programs, research initiatives, and strategic agricultural reserves. These contracts support national food security, promote agricultural sustainability, and bolster the domestic agricultural economy.
Breakdown for NAICS 11111
- Includes establishments primarily engaged in cultivating soybeans.
- Covers small family farms to large commercial agricultural operations.
- Supports food production, livestock feed, and biofuel industries.
- Subject to federal and state agricultural regulations and standards.
- Involves seasonal planting, growing, and harvesting cycles.
- Eligible for government contracts related to food security and research.
Included Activities for NAICS 11111
- Preparing farmland for soybean planting.
- Planting and cultivating soybean crops.
- Harvesting and transporting soybeans.
- Implementing pest and weed management strategies.
- Utilizing precision agriculture technology for crop monitoring.
- Maintaining farm equipment and irrigation systems.
- Participating in government-sponsored agricultural research.
- Complying with environmental and agricultural safety regulations.
Business Types for NAICS 11111
- Family-owned soybean farms.
- Large-scale commercial agricultural operations.
- Agricultural cooperatives specializing in soybean production.
- Agribusiness companies managing multiple crop farms.
- Contract farming enterprises supplying government programs.
Government Buyers for NAICS 11111
Key government buyers for soybean farming products include the U.S. Department of Agriculture (USDA), the Department of Defense (DoD), and state agricultural departments. The USDA procures soybeans for food assistance programs like the National School Lunch Program and the Emergency Food Assistance Program. The DoD may contract for soybeans as part of their operational food supply to support military personnel. Additionally, government-funded research institutions require soybeans for agricultural research projects aimed at improving crop resilience and sustainability. These agencies rely on established contracts with soybean farmers to ensure a steady supply of quality soybeans for these diverse needs.
Contract Types & Procurement for NAICS 11111
Contracts in the soybean farming sector typically include firm-fixed-price and indefinite delivery, indefinite quantity (IDIQ) contracts, often awarded through competitive bidding processes such as sealed bids or requests for proposals (RFPs). Procurements can range from small-scale purchases for localized food programs to large multi-year contracts supporting extensive federal nutrition initiatives. Contract values vary widely depending on the scale but often range from $50,000 to several million dollars annually. Government agencies may also use agricultural commodity programs and cooperative agreements to facilitate soybean supply and research collaboration with farming operations.
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