SD grain warehouse bonds.
Flat 3%. Enter your amount.
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. We issue it at a flat 3% — enter the amount the PUC set and the premium updates. A soft credit pull affects approval, never price.
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Apply to issued in one sitting.
Enter your amount, consent to a soft pull, and we issue the bond. Here is the whole thing:
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.
Reviewed & approved
Larger agricultural bonds get a quick underwriting review; if anything is needed you hear from an underwriter within 48 hours. The soft pull never affects your credit score.
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.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. The PUC sets the amount from your licensed storage capacity — enter it and the premium updates.
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 we issue it at a flat 3%.
You need this bond if you’re
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Enter the amount the PUC requires and submit.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the South Dakota grain warehouse bond? +
How is my bond amount determined? +
How is this different from the grain buyer bond? +
Is there a credit check? +
When does the bond renew? +
Other New York bonds.
Grain warehouse bond, issued fast.
Five-minute application, flat 3%, $275 minimum. Enter the amount the PUC requires and file with your license.