Resource Details

Agricultural Producer Security

Most entities buying milk, vegetables (for processing only), and grain, as well as those storing grain, are required to obtain a license and contribute to an indemnity fund that helps offset losses to producers for nonpayment or mishandling of stored grain.

Eligibility

Dairy, vegetable, and grain producers that sell their products or store their grain with others

Top Benefits

  • Helps promote good business practices in the agriculture industry.
  • Helps guard against catastrophic financial losses if producers are not paid

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