Tennessee licenses grain and commodity dealers and warehouses through the Department of Agriculture and conditions the license on a surety bond. The amount is set by the commissioner — a $20,000 minimum — and we issue it at a flat 3% with a soft pull only.
















Enter your amount, consent to a soft pull, and file with the Department of Agriculture. Here is the whole thing:
Your business details, the bond amount the commissioner set, and the effective date — that is the application, plus a one-time soft-pull consent.
Most clear quickly; larger commodity bonds may get a brief underwriter review. The credit check is a soft pull that never affects your score.
Receive the executed bond ready to file with your commodity dealer or warehouse license. Wet-ink originals mailed whenever the state insists.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the commissioner set and the premium updates.
Tennessee’s Commodity Dealer and Warehouse Law (T.C.A. § 43-32-101 et seq.) regulates businesses that buy grain and other commodities from producers or store them for hire. The Department of Agriculture conditions the license on a surety bond that backs payment and delivery to producers.
The bond is the mechanism the commissioner uses if a dealer defaults on payment to producers for commodities purchased, or a warehouse fails to deliver value for commodities stored. Acting as trustee of the bond, the commissioner calls on it and distributes the proceeds to the harmed producers.
The amount is set by the commissioner — a $20,000 minimum, scaling with volume up to a $500,000 cap — and may be waived for a business whose net worth is at least three times the required amount. Whatever amount applies, we issue it at a flat 3% with a soft pull only.
Submit the application with the bond amount the commissioner set, including a one-time soft-pull consent — your bond is typically issued within 1–2 business days.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum, soft pull only. Enter the commissioner’s amount and file.