Jurisdiction: Grain
State law requires that grain elevators, grain buyers, and hay buyers be licensed and bonded. The Commission's Licensing Division oversees the licensing and bonding of all grain elevators, facility-based grain buyers, roving grain buyers, and hay buyers. These entities serve as the initial market for much of the grain produced by North Dakota farmers. Regulation of these entities is intended to protect the people who sell grain to, or store grain in, the warehouses and is enforced within a framework that minimizes negative economic impacts on related industries and individual entities.