NAICS Code 424520-06 - Livestock Commission (Wholesale)

Marketing Level - NAICS 8-Digit

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Contact Emails: 13
Company Websites: 6
Phone Numbers: 9
Business Addresses: 9
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NAICS CODE 424520-06
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Looking for more companies? See NAICS 424520 - Livestock Merchant Wholesalers - 1,205 companies, 1,348 emails.

NAICS Code 424520-06 Description (8-Digit)

Livestock Commission (Wholesale) is a subdivision of the Livestock Merchant Wholesalers industry that involves the buying and selling of livestock on behalf of others. Companies in this industry act as intermediaries between livestock producers and buyers, earning a commission on each transaction. Livestock Commission (Wholesale) companies may also provide additional services such as transportation, marketing, and insurance.

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 Commission (Wholesale) industry for day-to-day tasks and operations.

  • Livestock scales
  • Livestock trailers
  • Livestock handling equipment
  • Livestock identification tags
  • Livestock vaccines
  • Livestock feeders
  • Livestock waterers
  • Livestock gates
  • Livestock chutes
  • Livestock panels

Industry Examples of Livestock Commission (Wholesale)

Common products and services typical of NAICS Code 424520-06, illustrating the main business activities and contributions to the market.

  • Cattle auctions
  • Swine sales
  • Sheep and goat markets
  • Poultry auctions
  • Horse sales
  • Exotic animal auctions
  • Livestock shows
  • Livestock fairs
  • Livestock exhibitions
  • Livestock rodeos

History

A concise historical narrative of NAICS Code 424520-06 covering global milestones and recent developments within the United States.

  • The Livestock Commission (Wholesale) industry has a long history dating back to the 19th century when livestock auctions were first established in the United States. The first livestock auction was held in 1830 in Virginia, and by the 1850s, livestock auctions had become a common practice in many parts of the country. The industry continued to grow and evolve, with the introduction of new technologies such as refrigerated rail cars and trucks, which allowed for the transportation of livestock over longer distances. In recent years, the industry has faced challenges such as the outbreak of diseases like mad cow disease and the increasing demand for plant-based protein alternatives. However, the industry has adapted to these challenges and continues to play an important role in the agricultural sector. In the United States, the Livestock Commission (Wholesale) industry has undergone significant changes in recent years. The industry has become more consolidated, with larger companies acquiring smaller ones and expanding their operations. The use of technology has also become more prevalent, with many companies using online platforms to conduct auctions and sales. The industry has also faced challenges such as the increasing demand for plant-based protein alternatives and the impact of climate change on livestock production. Despite these challenges, the industry remains an important part of the agricultural sector and is expected to continue to evolve in the coming years.