NAICS Code
311224 - Soybean and Other Oilseed Processing

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North American Industry Classification System Code 311224 - Soybean and Other Oilseed Processing

NAICS Code 311224 - Soybean and Other Oilseed Processing

Are you searching for the NAICS Code 311224 - Soybean and Other Oilseed Processing?

Get information about this North American Industry Classification System (NAICS) Code and its related General Liability, National Council on Compensation Insurance (NCCI) and Standard Industrial Classification (SIC) codes.

Learn more about the NAICS 311224 in the Manufacturing sector and its related General Liability, NCCI, and SIC codes.


What Is The Description Of The NAICS Code 311224?

The description for the NAICS Code 311224 - Soybean and Other Oilseed Processing is:

This U.S. Industry Comprises Establishments Primarily Engaged In Crushing Oilseeds and Tree Nuts, Such As Soybeans, Cottonseeds, Linseeds, Peanuts, and Sunflower Seeds. Examples Of Products Produced In These Establishments Are Oilseed Oils, Cakes, Meals, and Protein Isolates and Concentrates.

  • 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
  • Lecithin, cottonseed, made in crushing mills
  • Lecithin, soybean, made in crushing mills
  • Linseed oil, cake and meal, made in crushing mills
  • Olive oil made in crushing mills
  • Palm-kernel oil, cake, and meal made in crushing mills
  • Peanut cake, meal, and oil made in crushing mills
  • Rapeseed (i.e., canola) oil made in crushing mills
  • Safflower oil made in crushing mills
  • Shortening made in crushing mills
  • Soybean cakes and meal manufacturing
  • Soybean flour and grits manufacturing
  • Soybean millfeed made in oil mills
  • Soybean oil mills
  • Soybean oil, cake, and meal, made in crushing mills
  • Soybean oil, crude, manufacturing
  • Soybean oil, deodorized, made in oil mills
  • Soybean oil, refined, made in crushing mills
  • Soybean protein concentrates made in crushing mills
  • Soybean protein isolates made in crushing mills
  • Sunflower seed oil, cake and meal, made in crushing mills
  • Tree nut oils (e.g., tung, walnut) made in crushing mill
  • Vegetable oils made in crushing mills



What Are The Related North American Industry Classification System Code(s) for NAICS Code(s) 311224?

The related North American Industry Classification System Code(s) for NAICS Code 311224 - Soybean and Other Oilseed Processing is:

  • Wet milling corn and other vegetables--are classified in U.S. Industry 311221, Wet Corn Milling; 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.



NAICS Code 311224 - The Bottom Line

The North American Industry Classification System NAICS Code for Soybean and Other Oilseed Processing is 311224 in the Manufacturing sector.

More Helpful Commercial Insurance Articles

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Small Business Insurance Articles

Get useful tips and information about how much commercial insurance costs, small business risks and exposures, how insurance regulations effect your businesses' and detailed descriptions of coverages and exclusions and more. Most small businesses need to buy the following four types of insurance at a minimum to cover their operations from every day risks:

Property Insurance: This policy covers a business if the property used in the business is damaged or stolen as the result of common perils like fire or theft. Commercial property insurance covers the buildings, structures and also business personal property - which includes furniture, inventory, raw materials, machinery, computers and other items.

Liability Insurance: Any company can be sued. Slip-and fall lawsuits are very common and be costly. Customers can claim you injured them or damaged their property - and lawsuits are very expensive. Commercial liability insurance pays damages and can include attorney's fees and other legal expenses. It also ca pay for the medical bills of injured third parties

Commercial Auto Insurance: For vehicles owned by the business. Commercial auto insurance pays bodily injury or property damage costs for which the business is found liable - up the the policy limits for liability and property damage.

Workers Compensation Insurance: In almost every state employers must provide workers comp when there are W2 employees. Workers compensation pays for the medical care of employees and can replace a portion of lost wages - regardless of who was at fault for the injuries.