NAICS Code 424520-03 - Livestock Appraisers (Wholesale)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 424520 - Livestock Merchant Wholesalers - 1,205 companies, 1,348 emails.

NAICS Code 424520-03 Description (8-Digit)

Livestock Appraisers (Wholesale) are professionals who specialize in determining the value of livestock for wholesale purposes. They use their expertise to evaluate the quality, age, breed, and health of the animals to determine their worth. This industry plays a crucial role in the livestock market as it helps buyers and sellers make informed decisions about the value of the animals.

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 424520 page

Tools

Tools commonly used in the Livestock Appraisers (Wholesale) industry for day-to-day tasks and operations.

  • Livestock scales
  • Measuring tape
  • Hoof testers
  • Stethoscope
  • Thermometer
  • Flashlight
  • Magnifying glass
  • Calculator
  • Computer software for data analysis
  • Camera for documentation

Industry Examples of Livestock Appraisers (Wholesale)

Common products and services typical of NAICS Code 424520-03, illustrating the main business activities and contributions to the market.

  • Beef cattle appraisers
  • Dairy cattle appraisers
  • Swine appraisers
  • Sheep and goat appraisers
  • Equine appraisers
  • Poultry appraisers
  • Exotic animal appraisers
  • Bison appraisers
  • Llama and alpaca appraisers
  • Deer and elk appraisers

History

A concise historical narrative of NAICS Code 424520-03 covering global milestones and recent developments within the United States.

  • The Livestock Appraisers (Wholesale) industry has a long history dating back to the early 19th century when the first appraisers were hired to evaluate the value of livestock for insurance purposes. In the United States, the industry has seen significant growth since the 1950s, with the establishment of the National Livestock Appraisers Association in 1955. The association has played a crucial role in the development of the industry, providing training and certification programs for appraisers. In recent years, the industry has seen advancements in technology, with the use of digital tools to improve the accuracy and efficiency of appraisals. For example, some appraisers now use drones to survey large herds of livestock, while others use specialized software to analyze data and generate reports.