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

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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.

Hierarchy Navigation for NAICS Code 424510-05


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

Certifications, Compliance and Licenses for NAICS Code 424510-05 - Grain Merchants & Shippers (Wholesale)

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

  • Grain Trade Australia (GTA) Certification: GTA certification is required for companies that trade in grains, pulses, and oilseeds in Australia. The certification ensures that the company adheres to the industry's code of practice and meets the quality standards set by the industry.
  • Hazard Analysis and Critical Control Points (HACCP) Certification: HACCP certification is required for companies that handle, process, or transport food products. The certification ensures that the company has implemented a food safety management system that identifies and controls hazards that could cause illness or injury.
  • Good Agricultural Practices (GAP) Certification: GAP certification is required for companies that grow, harvest, or handle fresh produce. The certification ensures that the company has implemented practices that minimize the risk of contamination and ensure the safety and quality of the produce.
  • United States Department Of Agriculture (USDA) Organic Certification: USDA organic certification is required for companies that produce, process, or handle organic agricultural products. The certification ensures that the company has met the USDA's standards for organic production and labeling.
  • International Organization for Standardization (ISO) 9001 Certification: ISO 9001 certification is a quality management system certification that is recognized worldwide. The certification ensures that the company has implemented a quality management system that meets the ISO 9001 standard.


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.

Future Outlook for Grain Merchants & Shippers (Wholesale)

The anticipated future trajectory of the NAICS 424510-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Grain Merchants & Shippers (Wholesale) industry in the USA is expected to experience steady growth in the coming years. The increasing demand for grains and other agricultural products from developing countries is expected to drive the growth of the industry. Additionally, the growing popularity of organic and non-GMO products is expected to create new opportunities for the industry. However, the industry is also facing challenges such as climate change, which can affect crop yields and prices, and the increasing competition from other countries. Overall, the industry is expected to remain stable and profitable in the coming years.

Industry Innovations for NAICS Code 424510-05

Recent groundbreaking advancements and milestones in the Grain Merchants & Shippers (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Use of blockchain technology to improve supply chain transparency and traceability.
  • Development of new grain varieties that are more resistant to pests and diseases.
  • Adoption of precision agriculture techniques to improve crop yields and reduce waste.
  • Use of drones and other advanced technologies to monitor crop health and detect potential issues.
  • Implementation of sustainable farming practices to reduce environmental impact and improve product quality.

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

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