Grain Warehouseman

Exam

No exam

Education

None

Experience

None

Background check

None

Grain Warehousemen receive grain from the general public for storage prior to sale. All warehousemen maintain buildings or other protected enclosures used for handling grain by keeping them free of pests and disease. Requirements: 1) A Certified Financial Statement must be submitted annually. The financial statement must have a closing date within the last 6 months. 2) An insurance agent must complete and return a Certificate of Insurance on Stored Grain (Form GW-4). Grain must be insured for its full market value. 3) The Certificate of Fact (GW-3) must be completed and returned. This form must be signed by an authorized person and must be signed and stamped by a notary. 4) The Schedule of Charges for Storing and Handling Grain (GW-5) must be complete. After approval, the Schedule will be returned for posting. 5) A voided, #1, triplicate original of scale ticket, purchase contract(s), and daily position record must be approved and kept on file. 6) Surety must be posted in the form of a Bond, Letter of Credit, or Certificate of Deposit. Minimum surety required is $20,000.00. 7) A corporate charter must be submitted if operation is a corporation. 8) Must maintain records in accordance with the law and regulations. No fees are charged for examinations. Each licensed warehouseman is audited twice annually by Plant Board Auditors. This is necessary for assurance that the warehouseman operates within the law. New applications must be accompanied by a one-hundred fifty dollar ($150.00) fee. Renewal fee of license will be based on capacity. Renewal date is June 30 each year. Warehouses are chared $10.00 per man-hour, if additional trips are required to correct problems.