New York — Farm Products Dealer Bond
Arrange your New York farm products dealer bond with the security amount set for your business. Have the Department of Agriculture and Markets instructions ready, then apply through The Southern Agency's Propeller link.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- New York
- Bond type
- Agricultural Products / Produce / Feed Dealer Bond
- Category
- Agriculture & fisheries
What this bond does
The Agricultural Producers Security Program supports full and prompt payment to New York producers. Licensed dealers file a bond or letter of credit with the Department as security for the covered farm-products transactions.
- Who needs it
- Dealers buying or receiving New York farm products from producers for wholesale resale, including covered brokers, processors and commission merchants. The program has exemptions and a licensing threshold that should be checked against the business's activities.
- Who it protects
- The Department describes security available for eligible producer losses when a licensed dealer fails to pay without reasonable cause, up to the available security. The bond does not insure the dealer's stock against damage.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- New York Agriculture and Markets: Farm Products Dealer Licensing (opens in a new tab)Checked October 26, 2026
Have these ready
- Have the dealer's legal name and license or application details ready.
- Describe the products received, producer relationships and wholesale resale activity.
- Prepare purchase-volume and financial information relevant to the security determination.
- Keep the Department's required amount and farm products dealer bond form available.
Questions about this bond
Does the rule cover every purchase of farm products?
The Department identifies a licensing threshold, covered activities and exemptions. Check your business's role and transactions rather than assuming every retailer, cooperative or livestock dealer has the same requirement.
How do I choose the bond amount?
Use the Department's determination for your volume and financial condition. This application link does not display a fixed sum or term to select.
Is the bond the Agricultural Producers Security Fund?
They are separate parts of the program. The Department describes the dealer's security and supplemental Fund protection separately; purchasing this bond does not establish a particular producer's eligibility for either.
Can I apply online?
Yes. Purchase Now opens the Propeller application in a new tab. Complete the bond application there, then follow the Department's instructions for the issued document and license.