NY milk dealer bonds.
Flat 3%, $275 minimum.
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. Premium is a flat 3% of the penal sum, $275 minimum, with a soft credit pull only that never touches your score.
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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 pricing — it never affects your credit score and is not the same as a lender's hard pull. 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.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. The amount Ag & Markets sets scales with your milk purchases, so the premium scales with it too.
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 the quote updates at the flat 3%.
You need this bond if you are
Five minutes, then a quick 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.
If yours isn't here, the bond team can usually answer within the hour.
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Other New York bonds.
Milk dealer bond, priced honestly.
Flat 3% of the penal sum, $275 minimum, soft-pull review only. Five-minute application, filed with Ag & Markets the same day.