MT commodity dealer bonds.
From $100. Enter your amount.
A Montana commodity dealer — buying grain and other agricultural commodities from producers — must license with the Department of Agriculture and file a surety bond protecting the producers it buys from. The amount runs from a $20,000 minimum up to a $1,000,000 cap. Premiums run 1% of the bond amount, with a $100 minimum, and your exact price appears at the application.
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Three steps to a licensed dealer.
Your commodity dealer license is waiting on this bond. Here is the whole process — no broker phone tag:
Apply online
Business details, the bond amount the department set, and an effective date — plus a one-time consent to a soft credit pull. That is the application.
Reviewed & approved
Most clear quickly; larger amounts may get a quick underwriter look within 48 hours. Any credit check that runs is a soft pull that never affects your score.
E-sign & file with the Department of Agriculture
Pay online and receive the executed bond ready to file with your dealer license application. Wet-ink originals mailed whenever the department insists.
What it is and who needs it.
What the commodity dealer bond actually covers
Montana licenses commodity dealers — businesses that buy grain and other agricultural commodities from producers — through the Department of Agriculture under MCA Title 80, Chapter 4. The bond protects the producers you buy from: if a dealer fails to pay for commodities it purchased, the producers can recover against the bond.
The amount is set by the department based on your commodity purchases, with a statutory floor of $20,000 and a cap of $1,000,000 under MCA 80-4-405. Larger buyers post larger bonds; the department fixes the figure on your license.
It is a three-party guarantee — you (the principal dealer), the surety, and the State of Montana for the benefit of producers (the protected parties). If the surety pays a producer’s claim, you repay the surety. Tell us the amount on your license; premiums start from $100 and your exact price is set at application.
You need this bond if you are
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 Montana commodity dealer bond? ▾
Who does the bond protect? ▾
How is my amount determined? ▾
Is there a credit check? ▾
I’m also a warehouse — do I need two bonds? ▾
Other Montana bonds.
The Department of Agriculture is waiting on one document.
Five-minute application, premiums from $100, e-signed bond in 1–2 business days. Free until issued.