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NAICS 111130 Quarterly Industry Report

Dry Pea and Bean Farming

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 111130Sector: Agriculture, Forestry, Fishing and Hunting (11)Updated: Q1 2026

About This Report

Fair Market Value publishes this NAICS 111130 industry profile drawing on data from the USDA National Agricultural Statistics Service[4], U.S. Census Bureau's Census of Agriculture[6], and SBA size standard tables[5]. Our research team reviews pulse market reports and export data to verify production trends. Additional data is drawn from Bureau of Labor Statistics[7].. This report receives quarterly updates reflecting planting patterns, harvest outcomes, and trade developments affecting dry bean and pulse producers.

Industry Snapshot

Key metrics for the dry pea and bean farming industry.

Establishments
95
2024 annual average[1]
Avg. SBA Loan
$50K
7(a) program, FY 2025[2]
NAICS Sector
11
Agriculture, Forestry, Fishing and Hunting

Industry Definition & Overview

Dry Pea and Bean Farming (NAICS 111130) encompasses establishments primarily engaged in growing dried peas, beans, and lentils. Products include navy beans, kidney beans, pinto beans, black beans, lima beans, great northern beans, chickpeas (garbanzo beans), green and yellow split peas, whole dry peas, and lentils of various types. Fresh green beans and peas grown for immediate consumption fall under a separate vegetable farming classification. The U.S. Census Bureau[3] classifies this industry within the oilseed and grain farming subsector. Dry bean production requires warm-season planting with careful moisture management during pod fill and harvest. Direct combining after plant desiccation is standard practice for most bean types. Lentil and dry pea production follows cool-season planting patterns in northern states, with crops maturing before summer heat stress. Pulse crops fix atmospheric nitrogen through root nodule bacteria, providing soil fertility benefits in rotation with cereal grains. Specialty bean varieties command premium prices in ethnic food markets and health food channels. Export demand for lentils and dry peas has expanded as global pulse consumption increases. The USDA National Agricultural Statistics Service[4] tracks bean and pulse acreage by type and state. Under SBA size standards[5], NAICS 111130 uses a revenue-based threshold of $2.5 million in average annual receipts. Dry bean and pulse markets fluctuate with domestic food processor demand, export volumes, and competing production from Canada and other international suppliers. Identity-preserved programs for specific bean varieties and organic certification create value-added pricing opportunities above bulk commodity levels for qualifying producers.

What's Included in This Industry

  • Navy bean and great northern bean production
  • Kidney bean and pinto bean farming
  • Black bean and cranberry bean cultivation
  • Lima bean and butter bean production
  • Chickpea (garbanzo bean) farming
  • Lentil production (red, green, French varieties)
  • Dry pea farming (green, yellow, split)
  • Black-eyed pea and cowpea production
  • Organic pulse and bean certification programs
  • On-farm bean and pulse cleaning and storage

NAICS Classification Hierarchy

NAICS classification hierarchy for 111130
LevelDescriptionCode
SectorAgriculture, Forestry, Fishing and Hunting11
SubsectorCrop Production111
Industry GroupOilseed and Grain Farming1111
NAICS IndustryDry Pea and Bean Farming11113
National IndustryDry Pea and Bean Farming111130

Related NAICS Codes

Related NAICS codes and their relationships
CodeDescriptionRelationship
111110Soybean FarmingSoybean farming shares legume crop characteristics including nitrogen fixation and similar oilseed and grain farming classification within crop production
111120Oilseed (except Soybean) FarmingOther oilseed farming shares northern Plains growing regions and crop rotation practices with dry pea and lentil production operations
111191Oilseed and Grain Combination FarmingOilseed and grain combination farming covers diversified operations that may include pulse crops alongside grain and oilseed production
111150Corn FarmingCorn farming competes for planted acreage and serves as a primary rotation crop partner with dry beans in certain growing regions
311422Specialty CanningSpecialty canning operations process dry beans and peas into canned and packaged products for retail and food service distribution channels
424510Grain and Field Bean Merchant WholesalersGrain and field bean merchant wholesalers handle dry bean and pulse merchandising, grading, storage, and transportation to processors and exporters

SBA Lending Summary

8
Total SBA Loans
$400K
Total Loan Volume
$50K
Average Loan Size
10 yrs
Average Loan Term
11.25%
Average Interest Rate
40
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[2]
Key Insight: The SBA[5] assigns NAICS 111130 a revenue-based size standard of $2.5 million in average annual receipts. Most dry bean and pulse farms qualify as small businesses. Qualifying operations access Farm Service Agency loans, USDA disaster assistance, and SBA lending programs for equipment and operating capital. Crop insurance coverage for dry beans and peas helps manage weather-related production risks. Eligible businesses can access SBA 7(a) loans[8] for working capital, equipment, and acquisition financing, while 504 loans[9] support major fixed-asset purchases including real estate and heavy machinery.

Top SBA Lenders

Top SBA lenders by volume for this industry
#LenderLoansVolumeAvg Loan
1Northeast Bank8$400K$50K
View Full SBA Lending Details for NAICS 111130Includes top lenders, geographic distribution, annual trends, and loan-level analysis

Frequently Asked Questions

Common questions about this industry.

What types of businesses are classified under NAICS 111130?
NAICS 111130 covers farming operations primarily growing dried peas, beans, and lentils. Products include navy beans, kidney beans, pinto beans, black beans, chickpeas, lentils, and dry peas. Fresh green beans and peas fall under separate vegetable farming codes. The U.S. Census Bureau[3] classifies these within oilseed and grain farming.
How is dry pea and bean farming structured?
Most operations function as diversified row crop farms growing beans or pulses in rotation with grains. Dry bean production concentrates in Michigan, North Dakota, Nebraska, and Minnesota. Lentil and dry pea farming centers in North Dakota, Montana, and Washington. Farm sizes range from several hundred to several thousand acres. Specialty varieties for ethnic and health food markets command premium pricing.
What is the SBA size standard for NAICS 111130?
The SBA uses a revenue-based standard of $2.5 million in average annual receipts for dry pea and bean farming. Most farms qualify as small businesses. The SBA size standard table[5] applies this revenue measure for small business certification and lending program eligibility.
What NAICS codes are related to dry pea and bean farming?
Related crop codes include 111110 (soybean farming), 111120 (other oilseed farming), 111150 (corn farming), and 111191 (combination farming). Processing code 311422 covers bean canning. Distribution code 424510 covers grain and bean wholesalers. The Census Bureau[3] groups this within oilseed and grain farming.
What industries are closely related to dry pea and bean farming?
Soybean farms (111110) share legume crop production methods. Grain wholesalers (424510) handle marketing and logistics. Bean canners (311422) process dry beans into packaged products. Snack food manufacturers (311919) represent a growing demand channel for pulse-based snack products. Oilseed farmers (111120) share northern Plains rotation programs.
What activities are included in NAICS 111130?
Covered activities include growing all types of dry beans, peas, lentils, and chickpeas for dried commodity markets. This includes organic certification programs, identity-preserved varieties, on-farm cleaning and storage, and seed production. Fresh market green beans and peas are excluded. The USDA[4] tracks production data by crop type and geography.
Can dry pea and bean farms qualify for SBA loans?
Yes, farms with average annual receipts at or below $2.5 million qualify as small businesses under SBA guidelines[5]. Producers also access USDA Farm Service Agency operating and ownership loans. Federal crop insurance covers dry beans, dry peas, and lentils through yield-based and revenue protection policies available in major production states.
Where is dry pea and bean farming concentrated in the United States?
North Dakota leads in dry pea and lentil acreage. Michigan, North Dakota, Minnesota, and Nebraska dominate dry bean production. Washington state grows both lentils and dry peas. Montana contributes lentil and chickpea acreage. The USDA National Agricultural Statistics Service[4] publishes state-level production data for each pulse and bean type.

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
  2. [2]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
  3. [3]U.S. Census Bureau census.gov
  4. [4]USDA National Agricultural Statistics Service nass.usda.gov
  5. [5]SBA size standards sba.gov
  6. [6]U.S. Census Bureau's Census of Agriculture nass.usda.gov
  7. [7]Bureau of Labor Statistics bls.gov
  8. [8]SBA 7(a) loans sba.gov
  9. [9]504 loans sba.gov

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