01 / NAICS Market Profile
NAICS 311224 Soybean And Other Oilseed Processing Federal Contracts
North American Industry Classification System code 311224
Federal contract activity classified under Soybean And Other Oilseed Processing across FY 2019–FY 2025. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 311224 federal market?
03 / Spending Trend
NAICS 311224 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.
Latest closed fiscal year$53.66M
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | $80.57M | 63 | 16 | 6 | — |
| FY 2020 | $55.33M | 46 | 15 | 5 | −31.3% |
| FY 2021 | $72.08M | 43 | 16 | 7 | +30.3% |
| FY 2022 | $50.07M | 39 | 10 | 4 | −30.5% |
| FY 2023 | $109.49M | 30 | 11 | 3 | +118.7% |
| FY 2024 | $43.70M | 31 | 10 | 3 | −60.1% |
| FY 2025 | $53.66M | 30 | 12 | 4 | +22.8% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2019–FY 2025.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| AGRICULTURAL MARKETING SERVICE | 12K2 | $438.55M | 107 | 7 | 94.3% |
| FARM SERVICE AGENCY | 12D2 | $22.34M | 2 | 1 | 4.8% |
| AGRICULTURAL RESEARCH SERVICE | 12H2 | $1.95M | 46 | 8 | 0.4% |
| BUREAU OF ENGRAVING AND PRINTING | 2041 | $804.4K | 43 | 4 | 0.2% |
| DEPT OF THE NAVY | 1700 | $671.2K | 8 | 1 | 0.1% |
| FEDERAL PRISON SYSTEM / BUREAU OF PRISONS | 1540 | $550.1K | 73 | 14 | 0.1% |
| DEPT OF THE ARMY | 2100 | $34.3K | 2 | 1 | 0.0% |
| BUREAU OF LAND MANAGEMENT | 1422 | -$2.9K | 1 | 1 | 0.0% |
05 / Contracting Offices
Which contracting offices buy in NAICS 311224?
Ranked by net obligations during FY 2019–FY 2025.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| USDA AMS WBSCM | 121NTB | AGRICULTURAL MARKETING SERVICE | $451.27M | 62 | 4 | 97.1% |
| USDA AMS 3J14 | 123J14 | AGRICULTURAL MARKETING SERVICE | $9.62M | 47 | 3 | 2.1% |
| USDA ARS PA AAO ACQ/PER PROP | 12805B | AGRICULTURAL RESEARCH SERVICE | $1.25M | 26 | 4 | 0.3% |
| OFFICE OF THE CHIEF PROCUREMENT OFFICER | 2031ZA | BUREAU OF ENGRAVING AND PRINTING | $804.4K | 43 | 4 | 0.2% |
| COMMANDING GENERAL | M67001 | DEPT OF THE NAVY | $671.2K | 8 | 1 | 0.1% |
| USDA ARS MWA AAO ACQ/PER PROP | 12505B | AGRICULTURAL RESEARCH SERVICE | $386.0K | 4 | 2 | 0.1% |
| USDA ARS PA USMARC | 126538 | AGRICULTURAL RESEARCH SERVICE | $241.4K | 12 | 3 | 0.1% |
| FCI JESUP | 15B307 | FEDERAL PRISON SYSTEM / BUREAU OF PRISONS | $176.8K | 11 | 2 | 0.0% |
| FCI CUMBERLAND | 15B107 | FEDERAL PRISON SYSTEM / BUREAU OF PRISONS | $97.5K | 14 | 3 | 0.0% |
| FCI MIAMI | 15B309 | FEDERAL PRISON SYSTEM / BUREAU OF PRISONS | $49.4K | 6 | 2 | 0.0% |
06 / Top Vendors
Which contractors lead the NAICS 311224 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| ARCHER-DANIELS-MIDLAND COMPANY | $245.95M | 41 | 2 | 52.9% | Jul 23, 2025 |
| BUNGE NORTH AMERICA, INC. | $115.27M | 17 | 2 | 24.8% | Dec 11, 2024 |
| AG PROCESSING INC A COOPERATIVE | $64.98M | 11 | 2 | 14.0% | Sep 25, 2025 |
| CARGILL, INCORPORATED | $25.12M | 3 | 1 | 5.4% | May 15, 2025 |
| GUIDRY LIASON GROUP, INC. | $4.71M | 23 | 1 | 1.0% | Jan 16, 2025 |
| EAST BAKING COMPANY, INC. | $3.21M | 12 | 1 | 0.7% | Feb 15, 2024 |
| RED RIVER COMMODITIES, INC. | $1.70M | 12 | 1 | 0.4% | Aug 12, 2025 |
| TODD'S FEED SUPPLY & TRAILER SALES, INC. | $1.43M | 24 | 1 | 0.3% | Jul 2, 2025 |
| DYSTAR CAROLINA CHEMICAL CORP. | $776.8K | 36 | 1 | 0.2% | May 18, 2020 |
| RESTAURANT TECHNOLOGIES, INC. | $671.2K | 8 | 1 | 0.1% | May 13, 2025 |
07 / Product and Service Mix
What products and services are purchased under NAICS 311224?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| 8945 | FOOD, OILS AND FATS | $452.70M | 142 | 18 | 97.4% |
| 8920 | BAKERY AND CEREAL PRODUCTS | $9.62M | 47 | 3 | 2.1% |
| 8710 | FORAGE AND FEED | $1.61M | 30 | 5 | 0.3% |
| 9150 | OILS AND GREASES: CUTTING, LUBRICATING, AND HYDRAULIC | $804.4K | 43 | 4 | 0.2% |
| 8730 | SEEDS AND NURSERY STOCK | $79.1K | 6 | 3 | 0.0% |
| 8905 | MEAT, POULTRY, AND FISH | $50.2K | 9 | 2 | 0.0% |
| AA32 | R&D- AGRICULTURE: PRODUCTION (APPLIED RESEARCH/EXPLORATORY DEVELOPMENT) | $23.1K | 1 | 1 | 0.0% |
| 8940 | SPECIAL DIETARY FOODS AND FOOD SPECIALTY PREPARATIONS | $7.8K | 4 | 2 | 0.0% |
08 / Buying Pattern
How does the government buy in NAICS 311224?
| Common action type | Obligations | Actions |
|---|---|---|
| PURCHASE ORDER | $3.00M | 129 |
| DEFINITIVE CONTRACT | $460.89M | 109 |
| DELIVERY ORDER | $1.01M | 44 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 311224?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $464.90M market as addressable.