NAICS Code 424590-02 - Farm Products-Raw Materials NEC (Wholesale)

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NAICS Code 424590-02 Description (8-Digit)

Farm Products-Raw Materials NEC (Wholesale) is an industry that involves the wholesale distribution of raw materials that are derived from farms and are not classified under any other specific category. These raw materials can include but are not limited to animal hides, bones, and horns, as well as raw materials from plants such as seeds, nuts, and grains. The industry is responsible for the distribution of these raw materials to various businesses such as food manufacturers, textile manufacturers, and chemical companies.

Hierarchy Navigation for NAICS Code 424590-02

Tools

Tools commonly used in the Farm Products-Raw Materials NEC (Wholesale) industry for day-to-day tasks and operations.

  • Grain moisture tester
  • Seed counter
  • Nut cracker
  • Bale hook
  • Hay fork
  • Grain auger
  • Seed drill
  • Grain cart
  • Grain elevator
  • Bale spear

Industry Examples of Farm Products-Raw Materials NEC (Wholesale)

Common products and services typical of NAICS Code 424590-02, illustrating the main business activities and contributions to the market.

  • Animal feed ingredients
  • Raw wool
  • Raw cottonseed
  • Raw honey
  • Raw nuts
  • Raw seeds
  • Raw grains
  • Raw hops
  • Raw tobacco
  • Raw vegetable fibers

Certifications, Compliance and Licenses for NAICS Code 424590-02 - Farm Products-Raw Materials NEC (Wholesale)

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

  • USDA Organic Certification: This certification is required for farms and businesses that sell organic products. It ensures that the products meet the USDA's organic standards and are free from synthetic fertilizers, pesticides, and other harmful chemicals. The certification is provided by the USDA's National Organic Program (NOP).
  • Good Agricultural Practices (GAP) Certification: This certification is required for farms that sell fresh produce to retailers and wholesalers. It ensures that the products are grown, harvested, and packed in a safe and sanitary manner. The certification is provided by the USDA's Agricultural Marketing Service (AMS).
  • Hazard Analysis and Critical Control Points (HACCP) Certification: This certification is required for businesses that handle and process food products. It ensures that the products are safe for consumption and free from harmful contaminants. The certification is provided by the International HACCP Alliance.
  • Safe Quality Food (SQF) Certification: This certification is required for businesses that supply food products to retailers and wholesalers. It ensures that the products meet food safety and quality standards. The certification is provided by the Safe Quality Food Institute.
  • Global Food Safety Initiative (GFSI) Certification: This certification is required for businesses that supply food products to retailers and wholesalers. It ensures that the products meet international food safety standards. The certification is provided by various organizations such as the British Retail Consortium (BRC), Safe Quality Food Institute (SQF), and International Featured Standards (IFS).

History

A concise historical narrative of NAICS Code 424590-02 covering global milestones and recent developments within the United States.

  • The "Farm Products-Raw Materials NEC (Wholesale)" industry has a long history worldwide, dating back to the early days of agriculture. The industry has evolved over time, with notable advancements such as the development of new farming techniques, the introduction of new crops, and the expansion of global trade. In the United States, the industry has seen significant growth in recent years, driven by factors such as increasing demand for organic and locally sourced products, the rise of e-commerce, and the growing popularity of plant-based diets. Notable milestones in the industry's history include the establishment of the first agricultural cooperatives in the late 19th century, the introduction of the first refrigerated rail cars in the early 20th century, and the development of new technologies such as precision agriculture and vertical farming in the 21st century.

Future Outlook for Farm Products-Raw Materials NEC (Wholesale)

The anticipated future trajectory of the NAICS 424590-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Farm Products-Raw Materials NEC (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for organic and natural products. The industry is also expected to benefit from the growing trend of healthy eating and the increasing awareness of the benefits of organic and natural products. The industry is also expected to benefit from the increasing demand for plant-based products. The industry is also expected to benefit from the increasing demand for locally sourced products. The industry is also expected to benefit from the increasing demand for sustainable products. The industry is also expected to benefit from the increasing demand for non-GMO products. The industry is also expected to benefit from the increasing demand for gluten-free products. The industry is also expected to benefit from the increasing demand for vegan products. The industry is also expected to benefit from the increasing demand for fair trade products. The industry is also expected to benefit from the increasing demand for products that are free from artificial preservatives, colors, and flavors. The industry is also expected to benefit from the increasing demand for products that are free from antibiotics and hormones. The industry is also expected to benefit from the increasing demand for products that are free from pesticides and herbicides. The industry is also expected to benefit from the increasing demand for products that are free from genetically modified organisms (GMOs).

Industry Innovations for NAICS Code 424590-02

Recent groundbreaking advancements and milestones in the Farm Products-Raw Materials NEC (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Vertical Farming: Vertical farming is a recent innovation in the Farm Products-Raw Materials NEC (Wholesale) industry in the USA. It involves growing crops in vertically stacked layers using artificial lighting and a controlled environment. This innovation allows for year-round crop production and reduces the need for land and water.
  • Precision Agriculture: Precision agriculture is another recent innovation in the Farm Products-Raw Materials NEC (Wholesale) industry in the USA. It involves using technology such as GPS, sensors, and drones to optimize crop production. This innovation allows for more efficient use of resources and reduces waste.
  • Blockchain Technology: Blockchain technology is a recent innovation in the Farm Products-Raw Materials NEC (Wholesale) industry in the USA. It involves using a decentralized digital ledger to track the origin and movement of products. This innovation allows for greater transparency and traceability in the supply chain.
  • Plant-Based Meat Alternatives: Plant-based meat alternatives are a recent innovation in the Farm Products-Raw Materials NEC (Wholesale) industry in the USA. They are made from plant-based ingredients and mimic the taste and texture of meat. This innovation allows for more sustainable and ethical food production.
  • Non-Dairy Milk Alternatives: Non-dairy milk alternatives are another recent innovation in the Farm Products-Raw Materials NEC (Wholesale) industry in the USA. They are made from plant-based ingredients and mimic the taste and texture of dairy milk. This innovation allows for more sustainable and ethical food production.

NAICS Code 424590-02 - Farm Products-Raw Materials NEC (Wholesale)

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