• Golden Growers Cooperative

    Golden Growers Cooperative (GGC) was formed in 1994 to create a value-added processing opportunity for corn growers in the Dakotas and Minnesota, and currently has about 1,500 members.

  • Built On Partnerships

    GGC and Cargill Inc. are 50/50 partners in the ownership of ProGold, LLC. ProGold owns a corn wet-milling plant near Wahpeton, North Dakota.

  • Always Growing

    In September, 2009, the co-op was re-organized under Minnesota’s statute 308B, which allows GGC to function as a cooperative but be taxed as a limited liability partnership.

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GGC News

Resolution approved, Directors Elected, Brett Johnson and Matt Hasbargen are recognized.

The resolution outlining a plan of liquidation and dissolution for Golden Growers Cooperative was approved by members who submitted ballots for the annual meeting. The final vote was an overwhelming 349 members voting yes and only 2 members voting no. Also, David Kragnes was re-elected as a Director for the North District, Chris Johnson was elected as a Director for the Central District, and Glenn Johnson was elected as an At-large Director. In advance of his presentation of financial statements,…

Countdown, Our Final Two Years – Chairman Johnson

GGC-6 Johnson, BDownload Chairman Brett Johnson’s report to members at the annual meeting centered on expectations for the cooperative’s final two years. Johnson explained how the Board concluded that Cargill would purchase Golden Growers interest in ProGold at the end of the current lease period in 2026. “The decision to negotiate a long-term agreement depended on landing a co-located partner at the Wahpeton facility. And this partner would have to consume at least 30% of the facility’s…

Andy Joehl, “Cargill remains committed to Wahpeton”

Vice President of Trading and Merchandising for Sweeteners, Starches, and Texturizers North America Andy Joehl shared his thoughts about the history and relationship between Cargill and Golden Growers. He emphasized the importance of the ProGold facility to Cargill and to the community. He explained how over thirty years, corn yields have nearly doubled in the region and planted acres have quadrupled in the region. Joehl credited those who had the vision and took the risk to build the ProGold…

Events

Golden Growers Cooperative

Golden Growers Cooperative (GGC) was formed in 1994 to create a value-added processing opportunity for corn growers in the Dakotas and Minnesota, and currently has about 1,500 members. GGC and Cargill Inc. each own own 50% of ProGold LLC. ProGold owns a corn wet-milling plant near Wahpeton, North Dakota. The ProGold plant makes high fructose corn sweeteners, corn gluten feed and corn gluten meal. The plant also separates corn germ which is sold for production of corn oil. Since, 1997, the ProGold plant has been leased to Cargill, Inc., which operates the plant and markets all of its products. The current lease agreement extends to December 31, 2026.

In September, 2009, the co-op was re-organized under Minnesota’s statute 308B, which allows GGC to function as a cooperative but be taxed as a limited liability partnership. At that time, GGC opened its membership to residents of the 50 states and non-corn producers. All members do, however, have an annual corn delivery obligation that can be met by actual corn deliveries or by appointing GGC as its agent to arrange for delivery of their commitment. Members are required to own a minimum of 4,000 Units, and each member’s corn commitment is one bushel per Unit of ownership.

Persons interested in learning more about acquiring GGC Units should contact FNC Ag Stock, LLC at (701)780-2828 and ask for Nick or Andy, or email to info@fncagstock.com.

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