NAICS Code 425120-60 - Bean Brokers & Dealers (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 425120-60
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NAICS Code 425120-60 Description (8-Digit)

Bean Brokers & Dealers (Wholesale) are businesses that specialize in the wholesale trade of beans. They act as intermediaries between bean producers and retailers, purchasing large quantities of beans from producers and selling them to retailers. These businesses may also provide services such as grading, sorting, and packaging of beans. Bean Brokers & Dealers (Wholesale) may deal with a variety of beans, including but not limited to, black beans, kidney beans, navy beans, pinto beans, and soybeans.

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 425120 page

Tools

Tools commonly used in the Bean Brokers & Dealers (Wholesale) industry for day-to-day tasks and operations.

  • Bean sorting machines
  • Bean grading machines
  • Bean packaging machines
  • Moisture meters
  • Scales
  • Bean cleaning machines
  • Bean hulling machines
  • Bean polishing machines
  • Bean color sorters
  • Bean counters

Industry Examples of Bean Brokers & Dealers (Wholesale)

Common products and services typical of NAICS Code 425120-60, illustrating the main business activities and contributions to the market.

  • Black beans
  • Kidney beans
  • Navy beans
  • Pinto beans
  • Soybeans
  • Lima beans
  • Garbanzo beans
  • Fava beans
  • Mung beans
  • Adzuki beans

History

A concise historical narrative of NAICS Code 425120-60 covering global milestones and recent developments within the United States.

  • The "Bean Brokers & Dealers (Wholesale)" industry has a long history dating back to the 19th century when the first coffee exchange was established in New York City in 1882. The exchange was created to provide a centralized location for coffee traders to buy and sell coffee beans. The exchange was later renamed the Coffee, Sugar, and Cocoa Exchange (CSCE) and expanded to include other commodities. In the early 20th century, the CSCE became the largest coffee exchange in the world. In recent history, the industry has seen significant growth due to the increasing demand for specialty coffee and the rise of fair trade practices. The industry has also faced challenges such as climate change affecting the quality and quantity of coffee beans produced and the COVID-19 pandemic disrupting supply chains and demand for coffee beans. Despite these challenges, the industry has remained resilient and continues to adapt to changing market conditions.