Missouri grain dealer bonds.
From $500.

A licensed grain dealer in Missouri must file a surety bond with the Department of Agriculture under RSMo 276.426, for the benefit of the producers it buys grain from. The amount is the greater of $50,000 or 2% of your annual Missouri grain purchases. Pricing is 1% of your bond amount.

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Required for a MO grain dealer license under RSMo 276.426

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Amount is the greater of $50,000 or 2% of annual MO grain purchases — set by the Department of Agriculture

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1% of your bond amount — confirmed via a quick soft pull that never affects your score

1% of amount$500 at the $50,000 minimumSoft pullnever affects your scoreFastinstant underwriting for most

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How it works

Three steps to filed.

Your grain dealer license is waiting on this bond. Here’s the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, the bond amount the department set, and the effective date — plus a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

E-sign & file with the Department of Agriculture

Pay online and receive the executed bond, ready to file with your grain dealer license. Wet-ink originals mailed whenever the department insists.

About this bond

What it is and who needs it.

What the grain dealer bond actually covers

Missouri licenses grain dealers through the Department of Agriculture under Chapter 276, RSMo. A grain dealer buys grain from producers, so RSMo 276.426 requires the dealer to file a surety bond as a condition of the license — engaging in the grain business without a sufficient bond on file is itself a violation.

The bond runs in favor of the State of Missouri, with the director as trustee for the benefit of all persons selling grain to the dealer — the producers. If a dealer fails to pay for grain it bought, a seller (or the department on the seller’s behalf) can make a written demand and recover against the bond.

The amount is the greater of $50,000 or 2% of the dealer’s annual Missouri grain purchases, so it scales with volume. Recovery on the bond is not a producer’s exclusive remedy — it doesn’t bar a separate civil action on the grain contract. We issue the amount the department set; pricing is 1% of your bond amount, confirmed via a soft pull.

RSMo 276.426 (Department of Agriculture)Section 276.426, RSMo requires every licensed grain dealer to file with the director a surety bond issued by a corporate surety licensed in Missouri, in favor of the state with the director as trustee for the benefit of all persons selling grain to the dealer. The Department of Agriculture sets the amount at the greater of $50,000 or 2% of the dealer’s annual Missouri grain purchases. Recovery on the bond is by written demand and is not the claimant’s exclusive remedy. Confirm your required amount with the department.

You need this bond if you are

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Applying for a MO grain dealer license through the Department of Agriculture

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Buying grain from Missouri producers as a dealer subject to Chapter 276

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Renewing a grain dealer license and re-sizing the bond to your purchase volume

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Growing your purchases past the point where 2% exceeds the $50,000 floor

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →

FAQ

Common questions.

How much is the Missouri grain dealer bond?Pricing is 1% of your bond amount. The amount itself is the greater of $50,000 or 2% of your annual Missouri grain purchases, set by the Department of Agriculture. Enter that figure at the application to see your exact price.

How is the bond amount determined?It’s the greater of $50,000 or 2% of your annual Missouri grain purchases. So smaller dealers post $50,000, and the amount scales up with purchase volume. The Department of Agriculture sets the figure — confirm it on your license paperwork.

Who does the bond protect?The producers who sell grain to you. It runs in favor of the state with the director as trustee for sellers — if you fail to pay for grain, a seller can make a written demand and recover against the bond.

Is there a credit check?A quick soft credit check may apply — never a hard inquiry, and it never affects your score. It informs approval; pricing itself is 1% of your bond amount.

Is the bond a producer’s only remedy?No. Recovery on the bond does not bar a separate civil action based on the grain purchase contract — it’s an added protection, not the exclusive one.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

Other Missouri bonds.

Grain dealer bond, issued today.

Pricing from $500, soft pull only. Enter the amount the department set and file the same day.

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