Nebraska grain dealer bonds.
From $350.
To hold a Nebraska grain dealer license, the Public Service Commission requires you to file security for the benefit of producers who sell you grain. The amount is the greater of $35,000 or 7% of your grain purchases, capped at $300,000. The premium is 1% of your bond amount.
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How much does a Nebraska grain dealer bond cost?
1% of the bond amount, from $350 at the $35,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
Enter your amount, consent to a soft pull, and file with the Public Service Commission. Here is the whole thing:
Apply online
Your business details, your license number if you have one, the security amount, and the effective date — that is the application. The only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with the Commission
Pay online and receive the executed bond ready to file with the Public Service Commission to procure or maintain your grain dealer license. Wet-ink originals mailed on request.
What it is and who needs it.
What the grain dealer bond actually covers
Nebraska licenses grain dealers through the Public Service Commission under Neb. Rev. Stat. § 75-903. To procure and maintain a license, each dealer pays a $100 annual fee and files security — a surety bond, irrevocable letter of credit, or certificate of deposit — payable to the Commission for the benefit of any producer who files a valid claim arising from a grain sale to the dealer.
The bond is a producer-protection guarantee: if a grain dealer fails to pay a producer for grain it bought, the producer can recover against the security. It is a three-party arrangement — you (the principal), the surety carrier, and the Commission (the obligee) acting for producers.
The Commission's rules at 291 NAC Chapter 8 set the amount at the greater of $35,000 or 7% of your grain purchases and exchanges, with a $300,000 cap — based on the preceding license year or your fiscal year-end statement (in-store and title-at-delivery grain excluded). A surety bond is usually cheapest: pricing starts from $350 instead of tying up the full amount in a CD or letter of credit.
You need this bond if you are
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 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The carrier issues this bond for a single one-year term; the term cannot be changed 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 the Commission. Pay online and receive the executed bond ready to file with the Public Service Commission to procure or maintain your grain dealer license. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not 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, one soft pull.
Submit the application with your required security amount and a one-time consent to a soft credit pull. Most bonds issue when you pay, ready to file.
Start the application →Common questions.
Other Nebraska bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Grain dealer bond, issued fast.
Pricing from $350. Enter your required amount and file with the Commission.