Soybean & Other Oilseed Processing
Key Figures
Figures are published for NAICS 311224 directly.
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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, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Soybean and Other Oilseed Processing covers the initial crushing and extraction of oils from oilseeds and tree nuts to produce crude oils, meals, cakes, and protein products. The boundary with Wet Corn Milling lies in the source material; corn wet milling produces starches and sweeteners, while oilseed processing extracts oils and protein byproducts from seeds and nuts. Establishments that refine or blend oils after they have been extracted are classified in Fats and Oils Refining and Blending, not in oilseed processing.