Industry Description
Establishments primarily engaged in buying and/or marketing grain (such as corn, wheat, oats, barley, and unpolished rice); dry beans; soybeans, and other inedible beans. Country grain elevators primarily engaged in buying or receiving grain from farmers are included, as well as terminal elevators and other merchants marketing grain. Establishments primarily engaged in the wholesale distribution of field and garden seeds are classified in Industry 5191.
Business Examples
Common types of business activities within US SIC 5153 - Grain and Field Beans are:
- Barley-wholesale
- Beans, dry: bulk-wholesale
- Beans, inedible-wholesale
- Beans, unshelled-wholesale
- Corn-wholesale
- Grain elevators, except storage only-wholesale
- Grain-wholesale
- Oats-wholesale
- Rice, unpolished-wholesale
- Soybeans-wholesale
- Wheat-wholesale
IBISWorld Industry Research Report
Corn, Wheat & Soybean Wholesaling in the US (42451)
Revenue 2025
$238.5bn
Growth 2025
-2.36%
Key Trends
Growth has been bolstered by the price appreciation of major crops
Prices of corn, wheat and soybeans are key in the success of the industry
Agricultural products' prices will drop as production matches the post-pandemic food spending surge
Products and Services
US-SIC Hierarchy 5153 - Grain and Field Beans
US-SIC Code 5153 - Grain and Field Beans sits in the 2-digit Grain and Field Beans sector. US SIC codes can be 2 to 8 digits and the further along the hierarchy, the more detailed and specific the category will be.
Division: F
Division Title: Wholesale Trade
2 Digits 3 Digits 4 Digits
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501 Motor Vehicles and Motor Vehicle Parts and Supplies
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502 Furniture and Home Furnishings
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503 Lumber and Other Construction Materials
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504 Professional and Commercial Equipment and Supplies
- 5043 Photographic Equipment and Supplies
- 5044 Office Equipment
- 5045 Computers and Computer Peripheral Equipment and Software
- 5046 Commercial Equipment, Not Elsewhere Classified
- 5047 Medical, Dental, and Hospital Equipment and Supplies
- 5048 Ophthalmic Goods
- 5049 Professional Equipment and Supplies, Not Elsewhere Classified
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505 Metals and Minerals, Except Petroleum
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506 Electrical Goods
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507 Hardware, and Plumbing and Heating Equipment
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508 Machinery, Equipment, and Supplies
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509 Miscellaneous Durable Goods
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-
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511 Paper and Paper Products
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512 Drugs, Drug Proprietaries, and Druggists' Sundries
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513 Apparel, Piece Goods, and Notions
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514 Groceries and Related Products
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515 Farm-product Raw Materials
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516 Chemicals and Allied Products
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517 Petroleum and Petroleum Products
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518 Beer, Wine, and Distilled Alcoholic Beverages
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519 Miscellaneous Non-durable Goods
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Extended US-SIC Hierarchy for 5153 - Grain and Field Beans
For business marketing and targeting, US SIC Codes have been extended to provide more specific classifications within US-SIC 5153 - Grain and Field Beans. Extended US SIC Codes are being continuously updated to reflect the current business environment.
6 Digit SIC Codes
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515301 Grain-dealers (wholesale)
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515302 Grain brokers
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515303 Grain exchanges
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515304 Bean brokers & dealers
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515305 Seeds-warehouse
8 Digit SIC Codes
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51530000 Grain and field beans
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51530100 Grains
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51530101 Barley
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51530102 Corn
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51530103 Oats
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51530104 Rice, unpolished
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51530105 Wheat
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51530106 Wild rice
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51530200 Field beans
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51530201 Beans, dry: bulk
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51530202 Beans, inedible
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51530203 Beans, unshelled
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51530204 Soybeans
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51539900 Grain and field beans, nec
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51539901 Grain elevators
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