Warehouses
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Warehouses store and market a wide variety of agricultural commodities such as wheat, barley, oats, dry edible beans, peas, lentils and canola/ rapeseed grown in Idaho. They are regulated under the Warehouse Control Program and are examined by Idaho State Department of Agriculture warehouse examiners to ensure that a warehouse operator continues to |
maintain a stock of agricultural commodities reflective of what has been deposited by producers. Warehouses are licensed in accordance with Title 69, Chapter 2, Idaho Code. |
The Commodity Indemnity Fund (CIF) offers additional protection for producers in the event of a warehouse failure. This $12 million dollar fund is supported by producer's assessments and allows producers to recoup 90% of their approved verified claim in the event of a failure. |