You should be able to obtain a bond through your bank or insurance carrier.

The bond helps to reimburse the indemnity fund if payments are made to producers due to a breach of contract.

Applying for a license

To apply for a license, you will need to complete the below steps, if you have questions please contact our office.

 

  • Submit an application along with the required payments.

  • Obtain and submit a $100,000 Minnesota grain bond

  • Contact a CPA to prepare financials that meet financial requirements.

  • If storing grain, you must submit a schedule of all charges relating to the storage of grain using the form on this page.

  • If storing grain, you must provide evidence of insurance for loss of stored grain due to fire, windstorm, and extended coverage risks. 

Important Notice: New License and Permit Surcharge

As part of our ongoing efforts to improve our services, the MDA is introducing a surcharge (MINN. STAT. 17.033) on certain licenses and permits. This surcharge is an application processing charge that will be added to applications and renewals for 2025 and beyond. The surcharge will be calculated as 5% of the license or permit fee, with a minimum charge of $5. The surcharge is supporting the modernization of our technology systems, which will provide better online services and more efficient processing of applications. The collected funds will be dedicated to upgrading our electronic systems, making it easier for you to interact with us and access the services you need.

A grain buyer's license must be purchased for each location. Only one storage license is required if there is one owner and operator for multiple storage facilities within the same city.

What if I have multiple facilities? 

A grain buyer's license must be purchased for each location. Only one storage license is required if there is one owner and operator for multiple storage facilities within the same city.

No

The licensing period is July 1st - June 30th with an annual renewal. A renewal application will be mailed to you in May and it must be returned by July 1 or late fees will apply.

When do I renew my license? 

The licensing period is July 1st - June 30th with an annual renewal. A renewal application will be mailed to you in May and it must be returned by July 1 or late fees will apply.

No

A grain buyer's license must be purchased for each location. Only one storage license is required if there is one owner and operator for multiple storage facilities within the same city.

The licensing period is July 1st - June 30th with an annual renewal. A renewal application will be mailed to you in May and it must be returned by July 1 or late fees will apply.

FAQ: Exams/Inspections for Grain License Holders

All license holders are required to undergo one examination each year.