IA grain dealer bonds.
$3,000 flat. Soft pull.

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.

Filed under Iowa Code chapter 203 with the IDALS Grain Warehouse Bureau
Fixed $100,000 amount — $3,000, the same price for every dealer
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriersSoft pullnever affects your score1–3 yrterms available
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How it works

Three steps to licensed.

Your grain dealer license is waiting on this bond. Here is the entire process — no broker phone tag:

TODAY · 5 MINUTES

Apply once, online

Business details, owner information, and an effective date. The only extra step is a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

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.

1–2 BUSINESS DAYS

E-sign & file with IDALS

Pay online and receive the executed bond, ready to file with the Grain Warehouse Bureau. Wet-ink originals mailed on request.

The whole pricing page.

$100,000 bond × 3% = $3,000, one-time per term. Fixed amount, fixed price — a soft pull affects approval, never the price.

1-year term
$3,000
2-year term
$6,000
3-year term
$9,000
About this bond

What it is and who needs it.

What the bond actually guarantees

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.

Iowa Code chapter 203 (grain dealers)Iowa Code chapter 203 governs grain dealer licensing through the IDALS Grain Warehouse Bureau. Dealer bonds (commonly $100,000, expiring September 30) protect producers who sell grain to the dealer; deficiency bonds and credit-sale-contract bonds also apply in specified circumstances. Confirm the exact amount your license requires on your IDALS packet — bond amounts can vary with a dealer’s financial position.

You need this bond if you're

Applying for an Iowa grain dealer license through the IDALS Grain Warehouse Bureau
Renewing your dealer license for the next September 30 bond cycle
Covering a net-worth deficiency the bureau flagged under chapter 203
Seeking credit-sale-contract privileges that the department conditions on a bond

Five minutes. The whole thing.

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Iowa grain dealer bond? +
For a $100,000 bond the premium is $3,000 — a flat 3% of the bond amount, the same for every dealer. If your license requires a different amount, the 3% rate still applies.
Do I pay the $100,000? +
No. You pay $3,000. The $100,000 is the surety's maximum liability to harmed producers — not a deposit, and nobody holds your money.
Who requires this bond? +
The Iowa Department of Agriculture and Land Stewardship's Grain Warehouse Bureau requires it under Iowa Code chapter 203 as a condition of a grain dealer license.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price: the rate is a flat 3% either way. On a $100,000 bond, underwriting reviews credit before issuing.
When does it expire? +
Iowa grain dealer bonds commonly run to a September 30 expiration each year. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out so your license never lapses.
Related bonds

Other New York bonds.

The Grain Warehouse Bureau is waiting on one document.

$3,000 flat, five-minute application, e-signed bond in 1–2 business days, soft pull only. Free until issued.

Your premium @ 3%$3,000
Apply now →