MI grain merchandiser bonds.
$3,000 flat. Soft pull.
Michigan requires every grain merchandiser and farm produce trucker to provide a $100,000 bond to MDARD before a license issues. Ours is $3,000 flat — 3% of the bond amount, identical for everyone. One soft credit pull, no score impact.
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Three steps to filed.
Your MDARD license is waiting on this bond. Here's the entire process:
Apply once, online
Business details, owner information, effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most clear quickly; if underwriting needs anything, an underwriter reaches out within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with MDARD
Pay online and receive the executed bond, naming the department as payee, ready to file with your license application. Wet-ink originals mailed when 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.
What it is and who needs it.
What the bond actually guarantees
Michigan regulates grain dealers through the Department of Agriculture and Rural Development (MDARD) under the Grain Dealers Act (Act 141 of 1939). A grain merchandiser or farm produce trucker — a narrower category than a full grain dealer — must provide a $100,000 bond to MDARD before a license issues.
The bond names MDARD as payee and secures the merchandiser's or trucker's faithful performance of obligations in any farm produce transaction outstanding when the bond is effective. If the licensee fails a producer or counterparty, the harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The surety may cancel only on more than 60 days' notice to MDARD, and a licensee who fails to file a replacement within 60 days has the license revoked — so we track renewals and notify you early.
You need this bond if you're
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 →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Michigan grain merchandiser's bond? +
Do I pay the $100,000? +
Is this the same as a full grain dealer bond? +
Is there a credit check? +
What happens if my surety cancels? +
Other New York bonds.
MDARD is waiting on one document.
$3,000 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.