Skip to main content

Commodity warehousing and distribution

Get authorized to store and deal cotton, grain, and other agricultural commodities

The Louisiana Agricultural Commodities Commission (LACC) regulates the following commodities for Louisiana warehouses, cotton merchants, and grain dealers:

  • Cotton

  • Rye

  • Soybeans

  • Barley

  • Grain sorghum

  • Corn

  • Wheat

  • Oats

  • Anything else the commission declares to be an agricultural commodity

See inspections and lab services for information on grain grading and sampling.

See a list of licensed warehouses, grain dealers, and cotton merchants .

Types of licenses

This at-a-glance comparison tells you which license(s) you might need. More details are below.

What you want to do

License needed

Operate a warehouse that stores agricultural commodities

Warehouse License

Purchase agricultural commodities from farmers or represent farmers in the sale of agricultural commodities

Grain Dealer License

Purchase or contract to purchase cotton

Cotton Merchant License

Prior to issuing licenses, the LACC carefully reviews the person or entity’s financial statements for financial stability to assure the Louisiana farmer payment for his product.

Dates

License applications are due on April 30. (Subject to a late fee of $50/day.)

All other supporting forms and/or documentation for warehouse, grain dealer, and cotton merchant licenses may be submitted between July 1 - June 30.

Assessments

You should turn in monthly assessment forms by the 15 th for the prior month’s assessments, whether there were purchases or not. Make payments in separate checks: GCIF and Monthly Assessment Report on one check and Promotion Assessments on a separate check.

Grounds for not issuing a license

LACC may refuse to issue a license to any applicant if it finds any of the following:

  • The warehouse is not suitable for the storage of agricultural commodities.

  • The applicant cannot demonstrate a net worth of at least one hundred thousand dollars.

  • The applicant is incompetent to conduct such a business.

  • There is any other sufficient reason for not issuing a warehouse, cotton merchant, or grain dealer license.

Seizure

Your facilities might be reviewed and seized if you:

  1. Don't have sufficient commodities to cover outstanding warehouse receipts and scale tickets marked for storage

  2. Don't have sufficient funds to operate your business and are in imminent danger of being unable to continue to operate your business

  3. Are unable to fulfill your obligations to farmers

  4. Refuse to submit to a lawful inspection or audit ordered by the Commission

Licenses

Contact info

Kyra Holden, Director of Agricultural Commodities Commission

Related links