NAICS Code 1111 - Oilseed and Grain Farming

NAICS 1111 - Oilseed and Grain Farming

NAICS 11 - Agriculture, Forestry, Fishing and Hunting
NAICS 11 - Sector 11--Agriculture, Forestry, Fishing and Hunting NAICS 21 - Sector 21--Mining NAICS 22 - Sector 22--Utilities NAICS 23 - Sector 23--Construction NAICS 31 - Sector 31-33--Manufacturing NAICS 42 - Sector 42--Wholesale Trade NAICS 44 - Sector 44-45--Retail Trade NAICS 48 - Sector 48-49--Transportation and Warehousing NAICS 51 - Sector 51--Information NAICS 52 - Sector 52--Finance and Insurance NAICS 53 - Sector 53--Real Estate and Rental and Leasing NAICS 54 - Sector 54--Professional, Scientific, and Technical Services NAICS 55 - Sector 55--Management of Companies and Enterprises NAICS 56 - Sector 56--Administrative and Support and Waste Management and Remediation Services NAICS 61 - Sector 61--Educational Services NAICS 62 - Sector 62--Health Care and Social Assistance NAICS 71 - Sector 71--Arts, Entertainment, and Recreation NAICS 72 - Sector 72--Accommodation and Food Services NAICS 81 - Sector 81--Other Services (except Public Administration) NAICS 92 - Sector 92--Public Administration
- NAICS 111 - Crop Production
  NAICS 111 - Crop Production NAICS 112 - Animal Production NAICS 113 - Forestry and Logging NAICS 114 - Fishing, Hunting and Trapping NAICS 115 - Support Activities for Agriculture and Forestry
  - NAICS 1111 - Oilseed and Grain Farming
    NAICS 1111 - Oilseed and Grain Farming NAICS 1112 - Vegetable and Melon Farming NAICS 1113 - Fruit and Tree Nut Farming NAICS 1114 - Greenhouse, Nursery, and Floriculture Production NAICS 1119 - Other Crop Farming

This industry group comprises establishments primarily engaged in (1) growing oilseed and/or grain crops and/or (2) producing oilseed and grain seeds. These crops have an annual life cycle and are typically grown in open fields.

Industry trends:

The Oilseed and Grain Farming industry, as classified under NAICS 1111, has experienced dynamic changes influenced by a combination of economic, environmental, and technological factors. One significant trend is the increasing emphasis on sustainable farming practices. Growers are adopting conservation tillage, precision agriculture, and crop rotation techniques to enhance soil health and productivity while minimizing environmental impact.

Another notable trend is the integration of advanced technology. The use of drones, IoT sensors, and AI-driven analytics is transforming how farmers monitor crop health, manage resources, and optimize yields. This digital transformation is expected to continue, with more farmers leveraging these technologies to stay competitive and efficient.

Market demand is shifting as well, influenced by rising consumer interest in plant-based diets and biofuels. There's an uptick in the cultivation of oilseeds like soybeans and canola, driven by their applications in food products and renewable energy sources. Additionally, trade policies and global market dynamics are influencing export opportunities and pricing structures.

Looking ahead, the industry is likely to see continued investment in sustainable and innovative practices. Climate change will remain a critical factor, pushing for resilience in cropping systems and new crop varieties. Regulatory changes and trade agreements will also play pivotal roles in shaping the market landscape. Overall, embracing technological advancements and sustainability will be key to driving growth and adapting to future challenges in the Oilseed and Grain Farming sector.