Farm Products Broker Bond

A farm products broker bond or agricultural bond, are also referred to as an agricultural packers bond and stockyard bond. Agricultural packers, market agencies and dealers need to obtain agricultural bonds in order to comply with the U.S. Department of Agriculture’s requirements, as well as with state regulations. This type of surety bond acts as a safety net for the federal government and the state in which the business operates. It guarantees that agricultural businesses will abide by the Packers and Stockyards Act and will account properly for sales of agricultural products and livestock.