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NAICS Code· 111110

NAICS 111110: Soybean Farming

This industry comprises establishments primarily engaged in growing soybeans and/or producing soybean seeds. Cross-References.Show more

NAICS 111110 – Soybean Farming encompasses the cultivation of soybeans for commercial sale, including seed production, soil preparation, planting, pest and disease management, and mechanical harvesting using precision agricultural technologies. This sector supports critical supply chains for animal feed, biofuels, and food processing, with government demand primarily tied to agricultural research, conservation programs, and food assistance initiatives.

8
Active Contracts
$1.3M
Total Obligations (12mo)
12
Awarded Contracts (12mo)
7
Contractors Awarded (12mo)
1
Median Bidders per Award
-88.1%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 111110.

AI Industry Description

NAICS 111110 – Soybean Farming encompasses the cultivation of soybeans for commercial sale, including seed production, soil preparation, planting, pest and disease management, and mechanical harvesting using precision agricultural technologies. This sector supports critical supply chains for animal ...

NAICS 111110 – Soybean Farming encompasses the cultivation of soybeans for commercial sale, including seed production, soil preparation, planting, pest and disease management, and mechanical harvesting using precision agricultural technologies. This sector supports critical supply chains for animal feed, biofuels, and food processing, with government demand primarily tied to agricultural research, conservation programs, and food assistance initiatives. While primarily a private-sector activity, federal contracts in this space often fund research partnerships, sustainable farming pilot programs, and crop insurance administration through USDA-led initiatives. The industry integrates agronomic science, data-driven crop modeling, and mechanized equipment to optimize yield and comply with federal environmental and reporting standards. No contractor data is available for this NAICS code, indicating limited direct federal procurement activity tied to soybean farming operations. When contracts do occur, they typically involve small agricultural businesses, research cooperatives, or agricultural service providers rather than large prime contractors. No agency data is available, suggesting that federal spending in this sector is not concentrated among a few key buyers. Any procurement is likely distributed across USDA agencies such as the Farm Service Agency, Agricultural Research Service, or Natural Resources Conservation Service, supporting research, extension services, or conservation compliance rather than direct commodity purchases. The competitive landscape is sparse in the government contracting arena, with minimal direct procurement opportunities. Opportunities for contractors are largely indirect, emerging through research grants, technical assistance contracts, or data collection services supporting USDA’s agricultural surveys and sustainability initiatives. Trends indicate growing interest in regenerative agriculture practices and climate-resilient crop systems, which may drive future contract activity tied to soil health monitoring and carbon sequestration verification.

Small Business Size Standard

The SBA threshold that decides who can bid NAICS 111110 work as a small business.

$2.25M
Applies to the whole industry code

The SBA cap for this NAICS (13 CFR 121.201). A business at or under it can self-certify as small for work in this code, which is what makes it eligible for a small-business set-aside. The cap is set per NAICS, so the same company can be small in one code and not in another.

13 CFR 121.201, effective January 1, 2026. The SBA revises the table roughly once a year.

Top Contractors

Companies with the highest total award value under NAICS 111110, ranked by dollars won.

Competition

How many companies historically bid on federal awards in NAICS 111110, from bidder counts reported on USAspending.

Usually Single-Bid

Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 6,205 reported awards

Median Bidders

1

Per reported award, all-time

Single-Bid Awards

94%

Share of reported awards with one bidder

10+ Bidder Awards

0%

Share of reported awards with 10+ bidders

Reported Awards

6,205

39% of 15,932 total awards

Bidder Count Distribution by Fiscal Year

Share of reported awards in each bidder-count bracket per federal fiscal year.

How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.

Industry FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
111110This Code
Soybean Farming
Usually Single-Bid194%
6,20539% of 15,932
11111NAICS Industry
Usually Single-Bid194%
6,20539% of 15,932
1111Industry Group
Oilseed and Grain Farming
Usually Single-Bid186%
7,40943% of 17,327
111Subsector
Usually Single-Bid160%
15,18259% of 25,943
11Sector
Agriculture, Forestry, Fishing and Hunting
Usually Single-Bid155%
225,74883% of 270,521

Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.

Related NAICS Codes

Industries similar to Soybean Farming, by shared sector, subsector, and industry group.

Explore contracts across multiple NAICS codes Browse all NAICS Codes

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NAICS 111110 FAQ

Frequently Asked Questions

NAICS code 111110 covers Soybean Farming. This industry comprises establishments primarily engaged in growing soybeans and/or producing soybean seeds. Cross-References.

Recently Posted in Soybean Farming

NAICS: 111110
Closed
Federal
Small Business and ISBEE Subcontracting ParticipationThis contract opportunity is reserved exclusively for Indian Small Business Economic Enterprises and Indian Economic Enterprises under the Buy Indian Act, specifically administered by the Department of Health and Human Services through the Phoenix Area Indian Health Service. It provides a set-aside for subcontracting participation, enabling qualified Native-owned businesses to engage in work tied to the agency’s mission, with the place of performance centered in Phoenix, Arizona, ZIP code 85016. The North American Industry Classification System code 111110 indicates the primary focus is on crop production, suggesting the subcontracting opportunities may involve agricultural services or supplies relevant to tribal health and nutrition programs. Bidders must respond by the deadline of August 10, 2026, at 7:00 PM Eastern Time, following the posting date of August 3, 2026. Participation is restricted to entities eligible under the Buy Indian Act, which prioritizes economic development for Native businesses within federal contracting. The opportunity is structured to advance self-determination and economic empowerment by ensuring Indian-owned enterprises have direct access to subcontracting roles in projects managed by the Indian Health Service. Interested parties must meet all eligibility criteria to qualify and are encouraged to review the full solicitation through the provided SAM.gov link for detailed requirements and submission guidelines.
Phoenix Area Indian Health Svc

POSTED

2 months ago

CLOSED

2 months ago
View Details

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