SD grain warehouse bonds.
From $100. Apply online today.

A licensed South Dakota public grain warehouseman files a surety bond with the Public Utilities Commission under SDCL chapter 49-43, sized to the warehouse’s licensed storage capacity. Pricing is set at 0.5% of the bond amount, with a $100 minimum. Your exact price appears at the application, and a quick soft credit check may apply — never a hard inquiry, no impact on your score.

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Required to license a public grain warehouse under SDCL chapter 49-43, filed with the PUC

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Amount is set by the PUC based on licensed storage capacity — bushels and value stored

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Priced 0.5% of the bond amount, $100 minimum — your exact price is set at the application

0.5% rate$100 minimumSoft pullnever a hard inquiryFastinstant underwriting for most

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How it works

Apply to issued in one sitting.

Enter your amount, consent to a soft pull, and we issue the bond. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the PUC requires, and the effective date — plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Larger agricultural bonds get a quick underwriting review; if anything is needed you hear from an underwriter within 48 hours. A soft credit check may run — it never affects your credit score.

SAME / NEXT DAY

File with the PUC

Pay online and receive the executed bond, ready to file with your warehouse license at the Public Utilities Commission. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the warehouseman bond covers

South Dakota licenses public grain warehouses through the Public Utilities Commission’s Grain Warehouse Program under SDCL chapter 49-43. A public warehouseman stores grain owned by others and issues warehouse receipts, and the state requires a surety bond standing behind the safe storage and return of that grain.

The bond is a depositor-protection guarantee: it runs to the PUC for the benefit of the producers and others who store grain at the warehouse. If the warehouseman fails to deliver stored grain or pay for a shortage, harmed depositors can recover against the bond. If the surety pays a claim, you repay the surety — it is not insurance for you.

The amount is set by the PUC based on the warehouse’s licensed storage capacity — the bushels and value it’s licensed to hold. Larger capacity means a larger bond. Enter the amount the PUC set for your warehouse and your exact price — from $100 — appears at the application.

SDCL chapter 49-43 (Public Grain Warehouses)South Dakota public grain warehouses are licensed by the Public Utilities Commission under SDCL chapter 49-43 and must file a surety bond for the benefit of grain depositors, guaranteeing the safe storage and return of stored grain. The bond amount is set by the PUC based on the warehouse’s licensed storage capacity; confirm your required amount with the PUC Grain Warehouse Program.

You need this bond if you’re

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Licensing a public grain warehouse through the Public Utilities Commission

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Operating a grain elevator that stores grain owned by producers

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Renewing a warehouse license as your licensed capacity changes the required amount

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Increasing your bond after expanding storage capacity

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Enter the amount the PUC requires and submit.

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FAQ

Common questions.

How much is the South Dakota grain warehouse bond?Pricing is set at 0.5% of the bond amount, with a $100 minimum. The amount itself is set by the PUC from your licensed storage capacity. Your price is calculated directly from that amount at the 0.5% rate, with a $100 floor, and your exact price appears at the application.

How is my bond amount determined?The Public Utilities Commission sets it based on your warehouse’s licensed storage capacity — the bushels and value you’re licensed to hold. The PUC Grain Warehouse Program can confirm your exact figure.

How is this different from the grain buyer bond?A grain buyer purchases grain (the bond guarantees payment to sellers); a public warehouseman stores grain owned by others (the bond guarantees safe storage and return). Many operations do both and carry both bonds — we write each.

Is there a credit check?A quick soft credit check may apply — it never affects your score, and it is never a hard inquiry. Your bond amount sets the price — 0.5% of the bond amount, $100 minimum — shown at the application before you commit.

When does the bond renew?Grain bonds align with the PUC’s licensing year, which historically runs through June 30. We send renewal notices 60 and 30 days out, with autopay available, so your license stays continuous.

Related bonds

Other South Dakota bonds.

Grain warehouse bond, issued fast.

Pricing from $100. Enter the amount the PUC requires and see your price before you commit.

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