USAspending.gov · NAICS 311224 · Manufacturing
Soybean and Other Oilseed Processing
Thin-tail NAICS industry on the industries board — code 311224 in Manufacturing.
- CY2024 awards
- $43.5M
- Corpus rank
- #385 of 499
- Award plate
- TRACE
- Sector
- MFG · NICHE
Soybean and Other Oilseed P… federal industry awards
Soybean and Other Oilseed Processing is a thin-tail industry on the NAICS board at $43.5M CY2024 (#385 of 499).
PlainFedContract attributes calendar-2024 contract dollars to NAICS 311224, not firm revenue. Stamp board: TRACE · MFG. See /methodology/#naics.
Year-over-year change, 2019–2024
Across the calendar years on file, Soybean and Other Oilseed Processing’s annual contract dollars fell from $102.3M in 2023 to $43.5M in 2024. 57.5% vs 2023 The strongest year on file is 2023 at $102.3M.
Calendar-year prime contract obligations by action date (award types A-D). Annual figures use the same NAICS classification basis as the CY2024 headline above.
How Soybean and Other Oilseed P… shows up on the thin-tail award band
$43.5M · #385 of 499 by CY2024 industry awards , thin-tail on the NAICS award board (same order as the industries listing). See methodology.
$43.5M under NAICS 311224 · #385 of 499 , TRACE · MFG · NICHE · SLIP. 2019→2024: 304→385 of 499 (0.013%→0.0058% of tracked industry dollars) ; #31/36 in MFG. That is a 81-place move over 5 years. Nearest ABS peer: All Other Rubber Product Manufa… at $43.6M (TRACE).
Calendar-2024 actions under NAICS 311224 count as opportunity size, not firm revenue. Sector weight is light within MFG. Populations, lag, and NAICS/SBA rules: methodology.
Source: USAspending.gov · U.S. Department of the Treasury
Thin-tail industry peers nationwide
Cross-sector peers from the USAspending NAICS extract: nearest thin-tail calendar-2024 award dollars and nearest sector-weight share. Not recommendations.
Closest CY2024 award dollars
- All Other Rubber Product Manufacturing $43.6M
- Periodical Publishers $43.1M
- Outpatient Mental Health $43.0M
- Electric Lamp Bulb $44.8M
- Residential Mental Health $44.8M
- Nonwoven Fabric Mills $41.9M
Similar sector weight
- Irradiation Apparatus Manufacturing 0.4% · $882.6M
- Architectural Services 0.4% · $956.8M
- Automobile Manufacturing 0.4% · $870.8M
- Pet Care (except Veterinary) Services 0.4% · $19.7M
- Motion Picture and Video Production 0.4% · $74.1M
- Navigational Services to Shipping 0.4% · $78.4M
Disclaimer: Data from USAspending.gov public records. For informational purposes only. Industry spending amounts are aggregated from contract awards and may not reflect the most current data. Always verify with official sources.
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Read our methodology - how this data is sourced, computed, and verified.