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

• Livestock scales
• Livestock trailers
• Branding irons
• Ear tags
• Livestock handling equipment
• Hoof trimmers
• Cattle prods
• Livestock vaccines
• Pregnancy testing equipment
• Livestock feeders

Common products and services typical of NAICS Code 112990-08, illustrating the main business activities and contributions to the market.

• Cattle auctions
• Sheep sales
• Pig markets
• Livestock trading
• Animal auctions
• Livestock transportation
• Livestock export
• Livestock import
• Livestock breeding
• Livestock appraisal

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Livestock Marketing Association (LMA) Certification: This certification is provided by the Livestock Marketing Association and is required for livestock brokers to ensure that they have the necessary knowledge and skills to properly market and sell livestock. The certification covers topics such as animal welfare, marketing, and sales.
• National Institute for Animal Agriculture (NIAA) Certification: This certification is provided by the National Institute for Animal Agriculture and is required for livestock brokers to ensure that they have the necessary knowledge and skills to properly handle and transport livestock. The certification covers topics such as animal welfare, transportation, and handling.
• United States Department Of Agriculture (USDA) License: This license is required for livestock brokers who engage in interstate commerce and is issued by the United States Department of Agriculture. The license ensures that the broker is in compliance with federal regulations regarding the handling and transportation of livestock.
• National Livestock Producers Association (NLPA) Certification: This certification is provided by the National Livestock Producers Association and is required for livestock brokers to ensure that they have the necessary knowledge and skills to properly market and sell livestock. The certification covers topics such as animal welfare, marketing, and sales.
• Certified Livestock Manager (CLM) Certification: This certification is provided by the American Registry of Professional Animal Scientists and is required for livestock brokers to ensure that they have the necessary knowledge and skills to properly manage and care for livestock. The certification covers topics such as animal welfare, nutrition, and health.

A concise historical narrative of NAICS Code 112990-08 covering global milestones and recent developments within the United States.

• Livestock brokers have been around for centuries, with the first recorded instance of a livestock market dating back to ancient Rome. In the United States, the industry began to take shape in the late 1800s, with the establishment of the Chicago Union Stockyards in 1865. This led to the development of a centralized market for livestock, which allowed for more efficient trading and transportation of animals. In the 20th century, the industry continued to evolve with the introduction of new technologies such as refrigerated rail cars and trucks, which made it easier to transport livestock over long distances. Today, livestock brokers continue to play an important role in the agricultural industry, helping farmers and ranchers to sell their animals to buyers across the country. Recent history of the industry in the United States has been marked by a number of challenges, including the outbreak of diseases such as mad cow disease and avian flu, which have led to increased regulation and scrutiny of the industry. In addition, the rise of alternative protein sources such as plant-based meat substitutes has led to increased competition for traditional meat producers. Despite these challenges, the industry has continued to adapt and evolve, with many livestock brokers now focusing on niche markets such as organic and grass-fed meats. Overall, the industry remains an important part of the agricultural sector in the United States.

The anticipated future trajectory of the NAICS 112990-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for Livestock Brokers in the USA is positive. The industry is expected to grow due to the increasing demand for meat and dairy products. The growing population and rising income levels are expected to drive the demand for livestock products. The industry is also expected to benefit from technological advancements, such as the use of drones and other advanced technologies for monitoring and managing livestock. However, the industry may face challenges such as regulatory changes and increasing competition from other livestock producers. Overall, the Livestock Brokers industry is expected to continue to grow in the coming years.

Recent groundbreaking advancements and milestones in the Livestock Brokers industry, reflecting notable innovations that have reshaped its landscape.

• Online Livestock Auctions: Livestock brokers are increasingly using online platforms to conduct auctions, which has made the process more efficient and convenient for buyers and sellers.
• Use Of RFID Technology: Livestock brokers are using RFID technology to track and monitor livestock, which has improved the efficiency of livestock management and reduced the risk of disease outbreaks.
• Adoption Of Precision Livestock Farming: Livestock brokers are using precision livestock farming techniques to improve the efficiency of livestock production and reduce the environmental impact of livestock farming.
• Use Of Data Analytics: Livestock brokers are using data analytics to improve the efficiency of livestock production and make better decisions about livestock management.
• Increasing Focus on Animal Welfare: Livestock brokers are increasingly focusing on animal welfare, which has led to the development of new standards and practices for livestock management.