A dealer, or a market agency buying livestock on commission, must file a Packers & Stockyards bond with USDA AMS under 7 U.S.C. §204. The amount tracks your purchase volume; we issue it at a flat 3% with one soft credit pull.
















Your registration with USDA AMS is waiting on this bond. Here is the whole process:
Business details, the bond amount your purchase volume requires, and an effective date. The only extra step is a one-time consent to a soft credit pull.
Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
Receive the executed bond on the standard P&S bond form, ready to file with the Packers & Stockyards Division. Wet-ink originals mailed on request.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure 9 CFR §201.30 produces for your volume and the premium updates.
Under the Packers and Stockyards Act (7 U.S.C. §181 et seq.), a livestock dealer — and a market agency buying on commission — must register with USDA AMS and maintain a surety bond. The bond stands behind the money you owe the people you buy livestock from.
The amount is fixed by 9 CFR §201.30. For a dealer or buying agency, it is computed from your average dollar value of livestock purchased over a representative period, rounded up to the next $5,000, with a $10,000 minimum and a graduated cap on large operations.
It is a three-party guarantee — you (the principal), the surety, and the United States as obligee — protecting the sellers and others the Act covers. It is not insurance for you: if the surety pays a valid claim, you repay the surety.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Flat 3%, $275 minimum, five-minute application, e-signed bond in 1–2 business days. Free until issued.