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

Maryland requires every licensed grain dealer to file a $100,000 bond with the Department of Agriculture. Ours is $3,000 flat — 3% of the bond amount, identical for every dealer. One soft credit pull, e-signed in 1–2 business days.

Required for your MD grain dealer license — filed with the Department of Agriculture
Fixed amount, fixed price — $100,000 bond, $3,000, no quote theater
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriers1–2 daystypical issuance1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to licensed.

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

TODAY · 5 MINUTES

Apply once, online

Business details, owner information, a few commercial questions, and effective date — plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most of these 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.

1–2 BUSINESS DAYS

E-sign & file with Agriculture

Pay online and receive the executed bond, ready to file with your grain dealer license application. Wet-ink originals mailed whenever the State insists.

The whole pricing page.

$100,000 bond × 3% = $3,000, one-time per term. Fixed amount, fixed price, multi-year if you want it.

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

Maryland licenses grain dealers through the Department of Agriculture — anyone in the business of buying, receiving, exchanging, or storing grain from a producer must hold an annual license. The license is conditioned on a $100,000 surety bond.

The bond is a producer-protection guarantee: it stands behind the money you owe the farmers and grain producers you buy from. It's a three-party arrangement — you (the principal), the surety, and the State together with the producers as protected parties.

If a dealer fails to pay a producer for delivered grain, the harmed producer can recover against the bond — and the surety's total liability for all claims is capped at the $100,000 penal sum. It is not insurance for you: if the surety pays, you repay the surety. Dealers who pay producers on time treat it as a license formality.

Agriculture Article (Maryland Department of Agriculture)Maryland's grain dealer licensing program is administered by the Department of Agriculture, which requires a $100,000 surety bond as a condition of the annual grain dealer's license. The bond protects grain producers who sell to the dealer; the surety's liability for all claims is capped at the $100,000 penal sum. Confirm your filing details on the MDA grain dealer license application.

You need this bond if you're

Applying for a Maryland grain dealer license — buying or storing grain from producers
Renewing your annual license and your current bond is expiring or non-renewed
A grain elevator or co-op that purchases grain directly from farmers
An out-of-state dealer buying Maryland-grown grain that requires a license

Five minutes, including a soft pull.

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.

Do I pay the $100,000? +
No. You pay $3,000 — the flat 3% of the bond amount. The $100,000 is the surety's maximum liability to producers; it's not a deposit, and nobody holds your money.
Who requires this bond? +
The Maryland Department of Agriculture requires it as a condition of a grain dealer license. No active bond, no license.
What does the bond guarantee? +
That you pay the grain producers you buy from. If you fail to and a producer is harmed, they can claim against the bond — and if the surety pays, you repay the surety.
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: credit can affect whether we approve the bond, never what it costs.
When does it renew? +
Terms run 1, 2, or 3 years — your choice at purchase. We send renewal notices 60 and 30 days out, with autopay available, and the bond must stay active for your license to stay valid.
Related bonds

Other New York bonds.

The Department of Agriculture is waiting on one document.

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

Your premium @ 3%$3,000
Apply now →