NAICS Code 111110-01 - Soybeans

Marketing Level - NAICS 8-Digit

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Total Verified Companies: 144
Contact Emails: 150
Company Websites: 29
Phone Numbers: 127
Business Addresses: 144
Companies with Email: 77
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NAICS CODE 111110-01
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NAICS Code 111110-01 Description (8-Digit)

The Soybean industry involves the cultivation and harvesting of soybeans, which are a type of legume that is widely used in the production of food, animal feed, and industrial products. Soybeans are a major source of protein and oil, making them an important crop for both human and animal consumption. The industry is primarily focused on the production of soybeans, but also includes the processing and distribution of soybean products. Soybean farming involves a range of activities, including planting, fertilizing, irrigating, and harvesting the crop. The industry also involves the use of advanced technologies and equipment to improve crop yields and reduce costs. Soybean farmers must be knowledgeable about soil conditions, weather patterns, and pest management in order to produce a high-quality crop. The soybean industry is a global industry, with major producers located in the United States, Brazil, Argentina, and China. The industry is highly competitive, with companies competing on price, quality, and innovation. The industry is also subject to a range of environmental and regulatory challenges, including concerns about deforestation, water use, and pesticide use. Overall, the soybean industry plays a critical role in the global food and agriculture system, providing a key source of protein and oil for human and animal consumption, as well as a range of industrial products.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 111110 page

Tools

Tools commonly used in the Soybeans industry for day-to-day tasks and operations.

  • Tractors
  • Planters
  • Fertilizer spreaders
  • Irrigation systems
  • Harvesters
  • Combines
  • Grain carts
  • Grain dryers
  • Grain elevators
  • Soil testing equipment
  • GPS technology
  • Pest management tools
  • Crop monitoring software
  • Seed drills
  • Tillage equipment
  • Sprayers
  • Grain storage bins
  • Grain transport trucks
  • Grain trailers
  • Grain augers

Industry Examples of Soybeans

Common products and services typical of NAICS Code 111110-01, illustrating the main business activities and contributions to the market.

  • Soy milk
  • Tofu
  • Soy sauce
  • Edamame
  • Soybean oil
  • Soy flour
  • Soy protein isolate
  • Soy candles
  • Soy ink
  • Soy-based adhesives

History

A concise historical narrative of NAICS Code 111110-01 covering global milestones and recent developments within the United States.

  • The soybean industry has a long and rich history dating back to ancient China, where it was first cultivated over 3,000 years ago. It was initially used for food and medicinal purposes, but it wasn't until the 20th century that soybeans became a major crop in the United States. In the 1920s, soybeans were primarily used for oil and meal production, but by the 1940s, they were being used for a variety of industrial purposes, including plastics, textiles, and paper. In recent years, the soybean industry has faced challenges due to trade disputes and changing consumer preferences, but it remains a vital part of the agricultural sector in the United States.