NAICS Code 424510-05 - Grain Merchants & Shippers (Wholesale)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 424510 - Grain and Field Bean Merchant Wholesalers - 408 companies, 10,639 emails.

NAICS Code 424510-05 Description (8-Digit)

Grain Merchants & Shippers (Wholesale) are companies that specialize in the wholesale distribution of grains and field beans. They purchase these commodities from farmers and other producers and then sell them to retailers, processors, and other end-users. These companies are involved in the trading, storage, and transportation of grains and field beans. They play a crucial role in the food supply chain by ensuring that these commodities are available to consumers in a timely and efficient manner.

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 424510 page

Tools

Tools commonly used in the Grain Merchants & Shippers (Wholesale) industry for day-to-day tasks and operations.

  • Grain elevators
  • Grain dryers
  • Grain augers
  • Grain carts
  • Grain trucks
  • Grain trailers
  • Grain bins
  • Grain probes
  • Grain scales
  • Grain moisture testers
  • Grain baggers
  • Grain vacuums
  • Grain pumps
  • Grain conveyors
  • Grain cleaners
  • Grain spreaders
  • Grain bag extractors
  • Grain bag rollers
  • Grain bag unloaders

Industry Examples of Grain Merchants & Shippers (Wholesale)

Common products and services typical of NAICS Code 424510-05, illustrating the main business activities and contributions to the market.

  • Wheat flour
  • Cornmeal
  • Barley malt
  • Oatmeal
  • Rice flour
  • Soybean meal
  • Sunflower seeds
  • Popcorn kernels
  • Quinoa
  • Buckwheat groats
  • Millet
  • Lentils
  • Chickpeas
  • Black beans
  • Kidney beans
  • Navy beans
  • Pinto beans
  • Lima beans
  • Fava beans

History

A concise historical narrative of NAICS Code 424510-05 covering global milestones and recent developments within the United States.

  • The Grain Merchants & Shippers (Wholesale) industry has a long and rich history dating back to ancient times. The first recorded grain trade occurred in ancient Egypt around 2600 BC, where grain was traded for other goods. In the Middle Ages, the Hanseatic League controlled the grain trade in Northern Europe, and in the 19th century, the United States became a major player in the global grain trade. In recent history, the industry has faced challenges such as the 2008 financial crisis, which led to a decrease in demand for grain, and the ongoing trade tensions between the US and China, which have affected the industry's exports. However, the industry has also seen advancements in technology, such as the use of drones for crop monitoring and the development of precision agriculture techniques.