NAICS 111110: Soybean Farming
Soybean Farming is NAICS code 111110. A business is small under it with $2.3 million or less in average annual receipts. No federal contracts are open under this code right now.
- SBA size standard
- $2.3 million or less in average annual receipts
- Open contracts now
- 0
- Federal spending, FY2025
- $7.9 million
- Share won by small businesses
- 12%
- Small businesses registered
- 295
What NAICS 111110 covers
The Census Bureau's NAICS index lists these kinds of work under 111110:
- Soybean farming, field and seed production
Read the full definition, including what's excluded, on census.gov.
SBA size standard for 111110
To count as a small business for a contract assigned NAICS 111110, your business must have $2.3 million or less in average annual receipts. Receipts are averaged over your last five completed fiscal years.
From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.
Who buys soybean farming
Agencies that awarded the most under NAICS 111110 over the last three fiscal years, per USAspending.gov:
| Agency | Obligated |
|---|---|
| Department of the Navy | $7.8 million |
| National Institute of Standards and Technology | $3.8 million |
| Agency for International Development | $1.6 million |
| Department of the Army | $679,600 |
| Agricultural Research Service | $387,128 |
| Department of State | $276,061 |
| Food and Drug Administration | $-214 |
Your competition
295 businesses with active SAM.gov registrations are rated small under NAICS 111110, most of them in Texas (28), Florida (21), Virginia (20), California (19) and Illinois (17). Look any of them up with the free CAGE code and UEI lookup.
Small businesses winning 111110 contracts
Firms with 111110 as their primary code and the most federal contract dollars over the last three fiscal years:
- Alliance Network Integrators LLC, IL: $2 million
Federal spending under 111110 by year
| Fiscal year | Contract obligations |
|---|---|
| FY2024 | $5.2 million |
| FY2025 | $7.9 million |
| FY2026 | $1.4 million |
| FY2027 (so far) | $0 |
Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.
Related NAICS codes
- 111120 Oilseed (except Soybean) Farming
- 111130 Dry Pea and Bean Farming
- 111140 Wheat Farming
- 111150 Corn Farming
- 111160 Rice Farming
- 111191 Oilseed and Grain Combination Farming
- 111199 All Other Grain Farming
Frequently asked questions
What is NAICS code 111110?
111110 is the 2022 NAICS code for Soybean Farming. The Census Bureau's index lists work such as soybean farming, field and seed production under it. Federal contracting uses the 2022 codes.
What is the SBA size standard for NAICS 111110?
$2.3 million or less in average annual receipts. A business at or under that is small for contracts assigned this code. The current SBA table took effect Mar 17, 2023.
Are there government contracts for soybean farming?
None are open on SAM.gov right now, but new notices post daily. You can set up a free alert for this code.
How do I add NAICS code 111110 to my SAM.gov registration?
Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.
Keep going
- Search other NAICS codes by keyword or company
- How to choose NAICS codes for government contracts
- NAICS codes with the most open federal contracts
FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.