111110

Soybean Farming

Agriculture, Forestry, Fishing and Hunting › Crop Production › Oilseed and Grain Farming

SBA Size Standard

$2.25M average annual receipts

Revenue-Based Verify at SBA.gov →

NAICS Code Hierarchy

11

Sector

Agriculture, Forestry, Fishing and Hunting

111

Subsector

Crop Production

1111

Industry Group

Oilseed and Grain Farming

111110

National Industry (This Code)

Soybean Farming

Official NAICS Description

Source: U.S. Census Bureau 2022 NAICS

📘 Source: U.S. Census Bureau — 2022 NAICS Manual
This industry comprises establishments primarily engaged in growing soybeans and/or producing soybean seeds.

✓ Small Business Eligibility at a Glance

Based on SBA Table of Small Business Size Standards (2024)

Size Standard

$2.25M average annual receipts

Measurement Period

3-year average

Standard Type

Revenue-Based

Applies To

All contracts under NAICS 111110

Set-Aside Programs

8(a), WOSB, HUBZone, SDVOSB

Certification Required

No (self-certify in SAM.gov)

Size standards are set by the SBA and reviewed periodically. Always verify at SBA.gov before bidding.

Cross-References

The following activities are classified elsewhere in the NAICS system:

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.

How to Use NAICS 111110 in SAM.gov

NAICS code 111110Soybean Farming — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Oilseed and Grain Farming space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $2.25M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 111110.

Log in Entity Registration Goods & Services Add NAICS Code Enter 111110 Save

Frequently Asked Questions

What is NAICS code 111110?

NAICS code 111110 is 'Soybean Farming', classified under the Agriculture, Forestry, Fishing and Hunting sector (NAICS 11). This industry comprises establishments primarily engaged in growing soybeans and/or producing soybean seeds. Cross-References.

What is the SBA small business size standard for NAICS code 111110?

The SBA defines a small business under NAICS code 111110 (Soybean Farming) as one with $2.25M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 111110 in SAM.gov?

To register NAICS code 111110 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 111110 (Soybean Farming) to your NAICS code list. You may designate one code as your Primary NAICS code.

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Related NAICS Codes

Other codes in Oilseed and Grain Farming

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