SIC Code 5153-02 - Grain Brokers (Wholesale)
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SIC Code 5153-02 Description (6-Digit)
Grain brokers (wholesale) are companies that act as intermediaries between grain producers and buyers, such as food manufacturers, livestock feeders, and exporters. They facilitate the buying and selling of various types of grains, including wheat, corn, soybeans, and rice. Grain brokers provide market information, negotiate prices, arrange transportation, and ensure quality control. They play a crucial role in the grain industry by helping to match supply and demand, managing risk, and providing liquidity to the market.
Hierarchy Navigation for SIC 6-Digit Code 5153-02
Parent Code (less specific)
Tools
- Commodity trading software
- Grain moisture testers
- Grain analyzers
- Grain probes
- Grain scales
- Grain augers
- Grain baggers
- Grain vacuums
- Grain dryers
- Grain elevators
- Freight management software
- Market analysis tools
- Price reporting services
- Weather forecasting tools
- Transportation management systems
- Quality control equipment
- Accounting software
- Customer relationship management software
- Electronic trading platforms
Industry Examples of Grain Brokers (Wholesale)
- Wheat traders
- Corn brokers
- Soybean merchants
- Rice dealers
- Feed grain suppliers
- Flour millers
- Ethanol producers
- Animal feed manufacturers
- Exporters of grains
- Importers of grains
SIC Code 5153-02 - Grain Brokers (Wholesale)
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