Resource Details
Agriculture
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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