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Bonded Storage Facilities
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The State Warehouse System provides storage facilities for the state's farmers for their cotton and grain crops. Some 25 warehouses are licensed and bonded providing a total capacity of about 425,000 bales of cotton and 5.6 million bushels of grain. Periodic inspections and audits ensure the safe keeping of the commodities. Negotiable warehouse receipts that are fully insured and protected by surety bonds and an indemnity fund are provided for the stored commodities which guarantee delivery of the commodity to its lawful owner.
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