311224 Soybean and Other Oilseed Processing

Official definition

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.

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

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

Source: US Census Bureau, 2022 NAICS cross-references.

Activities listed under 311224

The Census index assigns these 27 activities to this code. If your business matches one, this is your code.

• 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

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 311224

To count as a small business for SBA loans and federal contracts under NAICS 311224, your business (including affiliates) must not exceed 1,250 employees. Check your business.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 1040), so treat them as a starting point and check the definition.

• 10410Manufacture of oils and fatsUK SIC
• 10420Manufacture of margarine and similar edible fatsUK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

• 311221Wet Corn Milling and Starch Manufacturing
• 311225Fats and Oils Refining and Blending