Wisconsin milk contractor bonds.
From $100.
A Wisconsin milk contractor that procures producer milk can be required by DATCP to post security under the Agricultural Producer Security law (Wis. Stat. §126.47). A surety bond is one accepted form. Pricing is 1% of the bond amount, with a $100 minimum — your exact price is set by your required bond amount and appears at the application.
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How much does a Wisconsin milk contractor bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
Enter your amount, pay, and file the producer security with DATCP. Here is the whole thing:
Apply online
Your business details, the bond amount DATCP required, and the effective date — plus a one-time consent to a soft credit check.
Approved
Most are approved as soon as you apply. Any credit check that runs is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
File with DATCP
Receive the executed continuous-term bond, payable to the department for the benefit of producers and producer agents, ready to file with your milk contractor license. Wet-ink originals mailed on request.
What it is and who needs it.
What the milk contractor bond actually covers
Wisconsin’s Agricultural Producer Security law (Wis. Stat. ch. 126) protects farmers who deliver commodities to licensed contractors. For dairy, §126.47 lets DATCP require a milk contractor to post security — cash, a letter of credit, or a surety bond payable to the department for the benefit of milk producers and producer agents.
When a surety bond is used, the statute requires a continuous-term bond that can be canceled only with the department’s written agreement or on 90 days’ prior written notice to the department. A contractor with deferred-payment obligations must maintain security at least equal to its highest total of unpaid producer-milk obligations at any time during the preceding 12 months.
If a milk contractor fails to pay producers for milk it procured, those producers can recover against the security. DATCP sets the required amount from your reported obligations — enter that figure and pricing is 1% of the bond amount, with a $100 minimum.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with DATCP. Receive the executed continuous-term bond, payable to the department for the benefit of producers and producer agents, ready to file with your milk contractor license. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields. One soft credit pull, never a hard inquiry, and it never affects your score. Submit once and your continuous-term bond is issued when you pay.
Start the application →Common questions.
Other Wisconsin bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Milk contractor security, issued today.
Priced at 1% of the bond amount with a $100 minimum. Enter the amount DATCP required and file your producer security.