NAICS 92614 - Regulation of Agricultural Marketing and Commodities
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Related NAICS Codes for NAICS 92614
Click on any NAICS code to explore that specific industry within NAICS 92614
| NAICS Code | Industry Title |
|---|---|
| 926140 | Regulation of Agricultural Marketing and Commodities |
What is NAICS 92614
NAICS code 92614 covers the regulation of agricultural marketing and commodities, focusing on the oversight and administration of agricultural product markets to ensure fair trade practices, compliance with federal laws, and the stability of commodity prices. Businesses operating in this sector include regulatory agencies, market analysts, compliance auditors, and firms specializing in agricultural economics and policy enforcement. These entities work to monitor market activities, enforce marketing orders, and provide data essential for maintaining transparency and fairness in agricultural commodity markets. Government agencies contract for these services to maintain market integrity, protect producers and consumers, and support domestic agricultural competitiveness in both national and international markets.
Breakdown for NAICS 92614
- Encompasses federal regulation and oversight of agricultural commodity markets and marketing orders.
- Includes monitoring, compliance enforcement, and policy implementation activities.
- Supports maintenance of fair trading practices and market transparency.
- Involves collaboration between federal and state agricultural agencies.
- Includes analysis and reporting of agricultural market data for regulatory purposes.
Included Activities for NAICS 92614
- Conducting compliance audits of agricultural marketing orders and practices.
- Analyzing commodity market data to identify trends and irregularities.
- Providing regulatory support and guidance to agricultural producers and marketers.
- Monitoring commodity futures trading to ensure legal adherence.
- Implementing and enforcing federal agricultural marketing laws.
- Preparing reports and documentation for government regulatory bodies.
- Facilitating stakeholder engagement and dispute resolution in agricultural markets.
Business Types for NAICS 92614
- Government regulatory agencies specializing in agriculture.
- Agricultural economics and market analysis consulting firms.
- Compliance and auditing firms focused on agricultural sectors.
- Agricultural policy research organizations.
- Technology providers offering market monitoring solutions.
Government Buyers for NAICS 92614
Federal government agencies such as the United States Department of Agriculture (USDA), Agricultural Marketing Service (AMS), and Commodity Futures Trading Commission (CFTC) are primary buyers of services under this NAICS code. They require expertise in market regulation, data collection, compliance enforcement, and policy implementation to administer agricultural marketing orders, monitor commodity exchanges, and ensure that marketing practices meet statutory requirements. State agricultural departments and international trade entities also procure these services to align with federal regulations and support agricultural market stability.
Contract Types & Procurement for NAICS 92614
Contracts awarded within NAICS 92614 typically include task orders, fixed-price contracts, and indefinite delivery/indefinite quantity (IDIQ) agreements, often procured through competitive bidding or requests for proposals (RFPs). These contracts cover services such as market analysis, regulatory compliance audits, and data reporting. Contract values can range from modest task orders valued under $100,000 to large-scale projects exceeding $1 million, depending on the scope and duration of the regulatory or analytical services required. Cooperative agreements may also be utilized for collaborative regulatory initiatives.
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