An operator licensed as both a commodity dealer and a public warehouse can file a single combined bond with the Department of Agriculture. The amount is set by the department from your commodity purchases and licensed capacity together. We issue it at a flat 3% with a soft credit pull only.
















Both your licenses ride on this bond. Here is the whole process — no broker phone tag:
Business details, the combined bond amount the department set, and an effective date — plus a one-time consent to a soft credit pull. That is the application.
Most clear quickly; larger amounts may get a quick underwriter look within 48 hours. The soft credit pull never affects your score.
Pay online and receive the executed bond ready to file with your combined license application. Wet-ink originals mailed whenever the department insists.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the combined amount the department set and the premium updates.
Some Montana operators hold both licenses — buying commodities from producers as a commodity dealer and storing commodities for others as a public warehouse operator. The Department of Agriculture licenses both under MCA Title 80, Chapter 4, and a combined bond can satisfy both filings.
The bond protects both groups: the producers you buy from (the dealer side) and the depositors whose grain you store (the warehouse side). The dealer amount is set from your purchases, and the warehouse amount from your licensed capacity on the per-hundredweight schedule — each with a $20,000 floor and a $1,000,000 cap, so a combined bond commonly starts around $40,000.
It is a three-party guarantee — you (the principal), the surety, and the State of Montana for the benefit of producers and depositors. If the surety pays a claim, you repay the surety. Tell us the combined amount the department set, and we issue it at a flat 3%.
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.
Five-minute application, flat 3%, $275 minimum, e-signed bond in 1–2 business days. Free until issued.