NAICS code 111110: Soybean Farming
This industry comprises establishments primarily engaged in growing soybeans and/or producing soybean seeds.
- SBA small-business size limit
- $2.3M
Is your company small for 111110?
The SBA limit is $2.25 million average annual receipts.
What 111110 covers
Use another code for
- Establishments engaged in growing soybeans in combination with grain(s) with the soybeans or grain(s) not accounting for one-half of the establishment's agricultural production (value of crops for market) are classified in U.S. Industry 111191, Oilseed and Grain Combination Farming
Activities listed under 111110
- Soybean farming, field and seed production
Questions
What is NAICS code 111110?
NAICS 111110 is “Soybean Farming”. This industry comprises establishments primarily engaged in growing soybeans and/or producing soybean seeds.
What businesses use NAICS code 111110?
Examples from the U.S. Census Bureau: Soybean farming, field and seed production.
What is not included in NAICS 111110?
Businesses mainly establishments engaged in growing soybeans in combination with grain(s) with the soybeans or grain(s) not accounting for one-half of the establishment's agricultural production (value of crops for market) are classified in U.S. Industry 111191, Oilseed and Grain Combination Farming.
What is the SBA size standard for NAICS 111110?
$2.25 million average annual receipts (average of the last five fiscal years), including affiliates. Source: 13 CFR 121.201, effective March 17, 2023.
What is the SIC code for NAICS 111110?
SIC 0116 (Soybeans), from the U.S. Census Bureau concordances (1987 SIC → 2002 NAICS, carried to 2022 NAICS).
What is the IRS business code for NAICS 111110?
Farming income goes on Schedule F, not Schedule C, so the IRS list of Schedule C business codes has no code for it.
How do I find government contracts for NAICS 111110?
Federal agencies put a NAICS code on each solicitation in SAM.gov, and some states and cities use NAICS codes too. Add 111110 to your SAM.gov registration and to your bid alerts; PublicBeam emails new bids for the codes you choose every morning.
Source: U.S. Census Bureau, 2022 NAICS (public domain). PublicBeam is independent and not affiliated with the Census Bureau or any agency. Always check the NAICS code in the official notice before you bid.