The security the Department of Agriculture and Markets requires before licensing a milk dealer who buys from producers — it guarantees the dairy farmers get paid. Premiums start at $100, with a soft credit pull only that never touches your score.
















A milk dealer bond carries a quick soft-pull review — not an underwriting marathon. Here is the whole thing:
Your business details and the bond amount Ag & Markets assigned you — the figure that scales with how much milk you buy from producers. That is the application.
We run a soft credit inquiry to confirm eligibility — pricing is 2% of the bond amount, with a $100 minimum, and the pull never affects your credit score. Most dealers clear it the same day.
Submit the executed bond with your milk dealer license application or renewal to the Department of Agriculture and Markets. Wet-ink original mailed whenever they insist on one.
New York licenses milk dealers through the Department of Agriculture and Markets under Agriculture and Markets Law Article 21. A dealer who buys milk from producers must secure those purchases — and one accepted way to do that is filing a surety bond guaranteeing prompt payment to the dairy farmers it buys from.
The bond runs to the benefit of the producers. If the dealer defaults on paying for milk it received, the farmers it bought from can recover against the bond. It is the same backstop the state's Milk Producers Security Fund provides — a bond is the alternate security a dealer can post instead.
The penal sum scales with your milk purchases — Ag & Markets sets it from the value of milk you bought from producers over your highest two consecutive months in the prior year. Enter whatever figure the Department assigned you, and your exact price appears at the application, starting at $100.
Submit the application with the bond amount Ag & Markets assigned you. The credit check is a soft inquiry only — it never affects your score.
Start the application →Premiums from $100 on the penal sum, soft-pull review only. Your exact price appears before you pay, and it is filed with Ag & Markets the same day.