New York milk dealer bonds.
From $100.
The security the Department of Agriculture and Markets requires before licensing a milk dealer who buys from producers — it guarantees the dairy farmers get paid. Premiums start at $100, with a soft credit pull only that never touches your score.
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How much does a New York milk dealer bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Apply to filed, with a light review.
A milk dealer bond carries a quick soft-pull review — not an underwriting marathon. Here is the whole thing:
Apply online
Your business details and the bond amount Ag & Markets assigned you — the figure that scales with how much milk you buy from producers. That is the application.
Quick credit review
We run a soft credit inquiry to confirm eligibility — pricing is 2% of the bond amount, with a $100 minimum, and the pull never affects your credit score. Most dealers clear it the same day.
File with Ag & Markets
Submit the executed bond with your milk dealer license application or renewal to the Department of Agriculture and Markets. Wet-ink original mailed whenever they insist on one.
What it is and who needs it.
What the milk dealer bond actually covers
New York licenses milk dealers through the Department of Agriculture and Markets under Agriculture and Markets Law Article 21. A dealer who buys milk from producers must secure those purchases — and one accepted way to do that is filing a surety bond guaranteeing prompt payment to the dairy farmers it buys from.
The bond runs to the benefit of the producers. If the dealer defaults on paying for milk it received, the farmers it bought from can recover against the bond. It is the same backstop the state's Milk Producers Security Fund provides — a bond is the alternate security a dealer can post instead.
The penal sum scales with your milk purchases — Ag & Markets sets it from the value of milk you bought from producers over your highest two consecutive months in the prior year. Enter whatever figure the Department assigned you, and your exact price appears at the application, starting at $100.
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 premium covers a one-year term from the effective date you choose.
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
File with Ag & Markets. Submit the executed bond with your milk dealer license application or renewal to the Department of Agriculture and Markets. Wet-ink original mailed whenever they insist on one.
What sets the price
The premium is 2% 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 the bond amount Ag & Markets assigned you. The credit check is a soft inquiry only — it never affects your score.
Start the application →Common questions.
Other New York bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Milk dealer bond, priced honestly.
Premiums from $100 on the penal sum, soft-pull review only. Your exact price appears before you pay, and it is filed with Ag & Markets the same day.