Warehouse Licensing
The warehouse licensing period is for one year, May 1 through April 30.
Both the original and the renewal licensing fees for a warehouse are based on capacity in hundredweight--
Original License Fees |
Renewal License Fees |
0 to 50,000 |
$180 |
0 to 50,000 |
$50 |
50,001 to 100,000 |
$360 |
50,001 to 100,000 |
$100 |
100,001 to 250,000 |
$540 |
100,001 to 250,000 |
$145 |
250,001 to 500,000 |
$715 |
250,001 to 500,000 |
$190 |
500,001 to 750,000 |
$890 |
500,001 to 750,000 |
$240 |
Over 750,000 |
$1,070 |
Over 750,000 |
$290 |
A license which has expired may be reinstated for a fee of $500 plus the renewal fee if filed within 30 days of expiration. Applications received after the 30 day reinstatement period shall be considered original applications and the license fee will be the original license fee along with the $500 reinstatement fee.
Licensing requirements for a warehouse are:
1. Warehouse License Application.pdf,
2. Applicable fees (listed above),
3. Warehouseman's Bond.pdf or irrevocable letter of credit or a certificate of deposit,
4.
Effective policy of insurance insuring agricultural commodities that may be stored,
5.
An audited or reviewed financial statement prepared in accordance to GAAP, (General Accepted Accounting Principles)
6. Current drawing of the warehouse which shows storage facilities and capacity calculations.
Other Forms Related to Licensing as a Warehouse:
Forms, Reports & Publications
If you wish to also purchase seed from Idaho producers, you can do so by acquiring a warehouseman/seed buyer bond.pdf and license as a seed buyer.
To inquire whether or not a warehouse is licensed, please contact us at
(208) 332-8660