Iowa grain dealer bonds.
$500 flat.
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 $500 flat, set by our carrier for this bond, with one soft credit pull.
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How much does an Iowa grain dealer bond cost?
$500 at the $100,000 amount, the same for every applicant.
Three steps to licensed.
Your grain dealer license is waiting on this bond. Here is the entire process — no broker phone tag:
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.
Reviewed & approved
A $100,000 dealer bond gets a quick underwriting look; you hear from an underwriter within 48 hours if anything is needed. One soft credit pull, never a hard inquiry, and it never affects your score.
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.
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.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $100,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
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.
What sets the price
The premium is fixed at $500 at the $100,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application: approved instantly, or after a quick credit check.
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 →Common questions.
Other Iowa bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
The Grain Warehouse Bureau is waiting on one document.
$500 flat, short application, e-signed bond in 1–2 business days, soft pull only. Free until issued.