Commodity Dealer and Warehouse Licensing
The Montana Agricultural Warehouse Commodity Dealer and Grain Standards Act 80-4-402(4), MCA requires people or businesses who buy or store commodities to be licensed to protect farmers from financial loss resulting from non-payment for agricultural commodities. This law does not apply to dealer-to-dealer transactions. Separate licenses are required for commodity dealers and commodity warehouse operators.
Commodity Dealer
A commodity dealer is anyone who engages in a business that includes in
buying, exchanging, negotiating, or soliciting the sale or transfer of
agricultural commodities. A commodity dealer is required to be bonded
as well as licensed. Exceptions to licensing are described in the
80-4-402(4), MCA. Commodity dealers also are required to file
monthly grain movement reports to the department, which identify grain
shipped, stored and received. Reports are due 20 days after the close
of each month.
For a list of currently licensed commodity dealers and warehouses, click here.
Commodity Warehouse
A commodity warehouse is an "elevator, mill warehouse, sub terminal
grain warehouse, public warehouse, or other structure or facility in which,
for compensation, agricultural commodities are received for storage, handling,
processing, or shipment." Facilities that maintain a United States
Warehouse Act license need not apply for the state's license. A public
warehouse operator must post storage and handling charges for the facility.
Operators must maintain current records of all agricultural commodities
stored, conditioned, handled, or shipped.
Licenses for commodity dealers and commodity warehouses run from July 1 to June 30. Before the renewal date, renewal packets will be sent to current licensees. Applicant must submit the necessary information before the department will issue a new license.
Fees:
| Commodity Dealer License: | $464 | |
| Commodity Warehouse License: | $464 | |
| Seed Dealer/ Commodity Dealer License: | $100 |
License application renewals received after June 30 are assessed a $50 late fee.
| Licensing contact: | |
| Lynn Jones Phone: (406)444-4900 or (406)444-2944 E-mail: agr@mt.gov |
|
| Auditing contact: | |
| Brent Sarchet Phone: (406)444-3730 or (406)444-2944 E-mail: agr@mt.gov |
|
| State Grain Laboratory | |
| Phone: 406-452-9561 | |
| Montana Wheat & Barley Committee | |
| Phone: 406-761-7732 | |
