Major Group SIC 4221 - Farm Product Warehousing And Storage

SIC 4221 - Farm Product Warehousing And Storage

SIC 42 - Motor Freight Transportation And Warehousing
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 422 - Public Warehousing And Storage
  SIC 421 - Trucking And Courier Services, Except Air SIC 422 - Public Warehousing And Storage SIC 423 - Terminal And Joint Terminal Maintenance
  - SIC 4221 - Farm Product Warehousing And Storage
    SIC 4221 - Farm Product Warehousing And Storage SIC 4222 - Refrigerated Warehousing And Storage SIC 4225 - General Warehousing And Storage SIC 4226 - Special Warehousing And Storage, Not Elsewhere Classified

Establishments primarily engaged in the warehousing and storage of farm products. Establishments primarily engaged in refrigerated warehousing are classified in Industry 4222.

Industry trends:

The NAICS 4221 industry, Farm Product Warehousing and Storage, is experiencing several notable qualitative trends. Recent advancements in technology have led to the increasing adoption of automated storage and retrieval systems (AS/RS) in warehousing facilities to streamline operations, increase efficiency, and reduce labor costs. Additionally, there is a growing focus on enhancing traceability and transparency in supply chains, driven by consumer demand for information on food origin and safety. This is prompting many businesses to implement advanced inventory tracking systems and blockchain technology.

Sustainability is also becoming a crucial factor; many facilities are investing in energy-efficient systems, such as solar panels and LED lighting, to reduce their carbon footprint and meet the increasing regulatory and consumer pressures for sustainable practices. The trend towards improving cold storage solutions to cater to the growing demand for fresh produce and perishable goods is apparent, with investments in temperature-controlled environments becoming more prevalent.

Forecasts for the near future suggest that these trends will continue to shape the industry. The drive for higher efficiency, transparency, and sustainability will likely lead to further technological integration and innovation. Increasing regulatory requirements and consumer expectations for safe, traceable, and sustainably managed food products will make compliance a critical operational focus.

This industry is comprised of:

Bean elevators, except sales

Cotton compresses and warehouses

Farm product warehousing and storage, other than cold storage

Grain elevators, storage only

Potato cellars

Tobacco warehousing and storage

Wool and mohair warehousing

Explore related industries:

SIC 0723 - Crop Preparation Services For Market, Except Cotton Ginning SIC 3632 - Household Refrigerators And Home And Farm Freezers SIC 5159 - Farm-product Raw Materials, Not Elsewhere Classified

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.