An Iowa grain dealer license can require a $100,000 surety bond filed with the Department of Agriculture and Land Stewardship under Iowa Code chapter 203, protecting the producers who sell you grain. Ours is $3,000 flat — 3% of the bond amount — with one soft credit pull.
















Your grain dealer license is waiting on this bond. Here is the entire process — no broker phone tag:
Business details, owner information, and an effective date. The only extra step is a one-time consent to a soft credit pull.
A $100,000 dealer bond gets a quick underwriting look; you hear from an underwriter within 48 hours if anything is needed. The credit check is a soft pull that never affects your score.
Pay online and receive the executed bond, ready to file with the Grain Warehouse Bureau. Wet-ink originals mailed on request.
$100,000 bond × 3% = $3,000, one-time per term. Fixed amount, fixed price — a soft pull affects approval, never the price.
Iowa licenses grain dealers — businesses that buy grain from producers — through the Department of Agriculture and Land Stewardship's Grain Warehouse Bureau under Iowa Code chapter 203. The license can require a surety bond, commonly $100,000, with the bond running to a September 30 expiration.
The bond is held to protect the producers who sell grain to the dealer — if the dealer fails to pay for grain it bought, harmed producers can recover against the bond. Iowa also uses bonds tied to net-worth deficiencies and to credit-sale contract privileges.
It is not insurance for you. If the surety pays a producer, you repay the surety. Dealers who pay producers on time treat the bond as a license formality — so we track it and notify you 60 and 30 days out to keep your $100,000 filing continuous through each September 30 cycle.
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.
$3,000 flat, five-minute application, e-signed bond in 1–2 business days, soft pull only. Free until issued.