NAICS code 311224: Soybean and Other Oilseed Processing

NAICS 311224 is “Soybean and Other Oilseed Processing”. This U.S. industry comprises establishments primarily engaged in crushing oilseeds and tree nuts, such as soybeans, cottonseeds, linseeds, peanuts, and sunflower seeds.

Examples from the U.S. Census Bureau: Canola (rapeseed) oil, cake and meal, made in crushing mills; Castor oil and pomace made in crushing mills; Coconut oil made in crushing mills; Cottonseed oil, cake and meal, made in crushing mills; Flaxseed oil made in crushing mills; and Lecithin, cottonseed, made in crushing mills.

Businesses mainly wet milling corn and other vegetables are classified in U.S. Industry 311221, Wet Corn Milling and Starch Manufacturing; and refining and/or blending vegetable, oilseed, and tree nut oils from purchased oils are classified in U.S. Industry 311225, Fats and Oils Refining and Blending.

1,250 employees (average over the last 24 months), including affiliates. Source: 13 CFR 121.201, effective March 17, 2023.

SIC codes 2074 (Cottonseed Oil Mills, part), 2075 (Soybean Oil Mills, part), 2076 (Vegetable Oil Mills, Except Corn, Cottonseed, and Soybean, part) and 2079 (Shortening, Table Oils, Margarine, and Other Edible Fats and Oils, NEC, part), from the U.S. Census Bureau concordances (1987 SIC → 2002 NAICS, carried to 2022 NAICS).

311200 (Grain & oilseed milling) on Schedule C, line B, from the IRS list of principal business codes. The IRS code covers NAICS 311211–311230.

Federal agencies put a NAICS code on each solicitation in SAM.gov, and some states and cities use NAICS codes too. Add 311224 to your SAM.gov registration and to your bid alerts; PublicBeam emails new bids for the codes you choose every morning.