SIC Code 5153-03 - Grain Exchanges (Wholesale)
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SIC Code 5153-03 Description (6-Digit)
Grain Exchanges (Wholesale) is a subdivision of the Grain and Field Beans (Wholesale) industry that involves the buying and selling of grains and other field beans in large quantities. These exchanges act as intermediaries between farmers and buyers, providing a platform for price discovery and risk management. Grain exchanges facilitate the trading of various types of grains, including wheat, corn, soybeans, rice, and oats. The industry is highly regulated and requires a deep understanding of market trends, supply and demand, and global trade policies.
Hierarchy Navigation for SIC 6-Digit Code 5153-03
Parent Code (less specific)
Tools
- Commodity trading software
- Market data analysis tools
- Risk management software
- Trading platforms
- Electronic trading systems
- Price reporting services
- Grain moisture testers
- Grain analyzers
- Grain samplers
- Grain probes
Industry Examples of Grain Exchanges (Wholesale)
- Wheat futures
- Corn options
- Soybean swaps
- Rice contracts
- Oat futures
- Barley options
- Sorghum swaps
- Millet contracts
- Rye futures
- Buckwheat options
SIC Code 5153-03 - Grain Exchanges (Wholesale)
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