Agricultural Packers Bonds

The U.S. Department of Agriculture's Grain Inspection, Packers and Stockyards Administration (GIPSA) requires agricultural packers, market agencies and dealers to obtain surety bonds in order to guarantee compliance with the act, specifically regarding the proper accounting for proceeds from the sale of livestock and other agricultural products.

This bond requirement originated from the Packers and Stockyards Act of 1921. The mission of this act is to "To protect fair trade practices, financial integrity, and competitive markets for livestock, meats, and poultry."

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High Risk Programs

Lance Surety Bond Associates offers some of the lowest rates in the surety industry for applicants with less than perfect credit. Over 99% of our applicants are able to get approved through our online application!