Quick Access

Commodity Dealer & Warehouse Licensing

Commodity Dealer Licensing Requirements

 
Producer unloading grain at harvest

Commodity dealer licensing

A commodity dealer is required to be licensed and obtain surety in the form of a bond, certificate of deposit or letter of credit. (The law does not apply to dealer-to-dealer transactions.) Exceptions to licensing are described in the 80-4-402, MCA.  A commodity dealer who is also a licensed seed dealer (Most commodities purchased are for resale as agricultural seed) can file for a seed dealer fee reduction using the form below.

 

See the instructions for use of required forms, linked below, including:

  • Dealer/Warehouse application
  • Financial statement prepared by a licensed accountant in accordance with Generally Accepted Accounting Principles (GAAP)
  • Surety Bond, certificate of deposit or letter of credit (forms of bonding)
  • Sample copy of delayed payment contract, if applicable
  • Designation of Agent form required for companies doing business in the state but headquartered outside Montana  

 

Annual fees

New license applications and renewals (prior to July 1) - $464 per Montana location

New applications and renewals with seed dealer fee reduction - $100 per location

Late fee for annual renewals submitted after July 1 - $50

 

Licensing fees are per location and an additional license is required for businesses also operating as a state warehouse. Montana code and administrative rules provide definitions. Questions can be addressed to department staff.

 
 
 
 
 

Contacts

 

Greg Stordahl

Commodity & Seed Program Manager

Business Examiner
Montana Department of Agriculture
302 N Roberts
Helena, MT 59601
Phone: (406) 444-3950
E-mail: GStordahl@mt.gov
Fax: (406) 444-7336

Andy Gray
Commodity Services Bureau Chief
Montana Department of Agriculture
302 N Roberts
Helena, MT 59601
Phone: (406) 444-3730
E-mail: angray@mt.gov
Fax: (406) 444-7336

 

Published: April 4, 2011 1:58:00 PM MDT.
Last Modified: August 29, 2014 12:06:41 PM MDT