ND roving grain buyer bonds.
Flat 3%. Enter your amount.

A roving grain buyer is anyone who buys grain in North Dakota at a place other than a licensed, fixed location. Before you can be licensed, the Department of Agriculture requires a surety bond sized to your grain purchases — we issue it at a flat 3%, with one soft credit pull.

Required to be licensed as a roving grain buyer under N.D.C.C. ch. 60-02.1
Amount scales with your annual grain purchase volume — the licensing authority sets the figure on a sliding schedule
Soft credit pull only — never affects your score, and the rate stays 3% either way
Flat 3%of your bond amount$275minimum premiumSoft pullnever affects your score
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to licensed in one sitting.

Your roving grain buyer license is waiting on this bond. Here is the whole process — no broker phone tag:

TODAY · 5 MINUTES

Apply online

Business details, the bond amount your volume requires, and the effective date — plus a one-time consent to a soft credit pull. That is the entire application.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.

1–2 BUSINESS DAYS

File with the Department of Agriculture

Pay online and receive the executed bond, ready to file with your roving grain buyer license application. Wet-ink originals mailed whenever the state insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time per term, $275 minimum. Enter the figure your license requires and the premium updates.

$50,000 bond
$1,500
$100,000 bond
$3,000
$250,000 bond
$7,500
About this bond

What it is and who needs it.

What the grain buyer bond actually covers

North Dakota licenses grain buyers to protect the farmers who deliver grain. A roving grain buyer is one who purchases grain at a place other than a fixed, licensed facility — and because there is no warehouse standing behind the transaction, the state requires a surety bond as a financial backstop for sellers.

The bond runs to the State of North Dakota for the benefit of producers, and guarantees that you pay for the grain you buy and comply with the grain-buyer law. If a roving buyer fails to pay a producer, the harmed seller can recover against the bond.

The amount is set by the licensing authority on a sliding scale tied to your grain purchases — larger buyers post larger bonds. Regulation of grain buyers moved from the Public Service Commission to the Department of Agriculture in 2019; we issue the amount your license names, at a flat 3% with one soft credit pull.

N.D.C.C. ch. 60-02.1 (Department of Agriculture)North Dakota's grain buyer licensing law (N.D.C.C. ch. 60-02.1, formerly administered by the Public Service Commission and transferred to the Department of Agriculture in 2019) conditions a roving grain buyer license on a surety bond running to the state for the benefit of producers. The bond amount is set on a volume-based schedule. Confirm the exact figure on your license application or send it to us and we'll issue it.

You need this bond if you are

Buying grain at the farm or in the field rather than at a fixed, licensed elevator
Applying for a roving grain buyer license with the Department of Agriculture
Renewing your license as it expires (grain buyer licenses run on an annual cycle)
Increasing your volume and filing a larger bond for the new purchase level

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the North Dakota roving grain buyer bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The bond amount itself is set by the Department of Agriculture on a sliding scale tied to your grain purchases, so it scales with your volume. Enter the figure your license requires and the quote updates.
What is a "roving" grain buyer? +
A roving grain buyer purchases grain at a place other than a fixed, licensed location — at the farm, in the field, or on the road. Because there is no licensed warehouse behind the deal, the state requires a bond to protect the producers who sell to you.
Who requires this bond? +
The North Dakota Department of Agriculture, which took over grain buyer licensing from the Public Service Commission in 2019. No active bond, no license under N.D.C.C. ch. 60-02.1.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price. The rate is a flat 3% either way: credit can affect whether we approve the bond, never what it costs.
When does it renew? +
Grain buyer licenses run on an annual cycle, so the bond must stay continuous for as long as you hold the license. We send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
Related bonds

Other New York bonds.

Roving grain buyer bond, ready to file.

Five-minute application, flat 3%, $275 minimum. Enter the amount your license requires and file within 1–2 business days.

Your premium @ 3%$1,500
Apply now →