• 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 1,600 members.

  • Built On Partnerships

    GGC owns 49% of ProGold LLC in partnership with American Crystal Sugar Company, and 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.

GGC News

Annual Meeting Set for March 23rd

Golden Growers Annual Meeting – Thursday, March 23 The Golden Growers Annual Meeting is set for Thursday, March 23, 2017 at the Doubletree Conference Center (former Cambria), 825 Beaton Drive West Fargo, ND.  The Doubletree is located on the north side of Interstate 94 where it intersects with Veterans Boulevard. This is the same location where our meeting was held year, however, the hotel and conference center recently changed its name to Doubletree by Hilton. The schedule is as follows: 8:00…

Board Election 2017 (Vacancy in SE District)

Current GGC board member Bernie DeCock from Ghent, MN announced that he will not be seeking re-election to the Board at the March 23rd, 2017 annual meeting.  This vacancy allows an opportunity for those from the district who have considered serving to do so. Current directors up for re-election are: Shaun Beauclair, Steven, MN (NE District); Mark Harless, Borup, MN (EC District); Chris Johnson, Whahpeton, ND (SW District); and Glenn Johnson, Mayville, ND (NW District).  SE District Director…

Golden Growers Board Approves February Distribution

On Friday, February 3, 2017, the Golden Growers Board of Directors allocated income for the 2016 tax year and approved a distribution of $.143/bushel delivered in 2016. Traditionally, the Board has issued distributions near $0.20/bushel.  This year, however, the Board issued a distribution equal to 30% of allocated income, the amount required to be distributed according to our bylaws. In January, the ProGold Board of Governors voted to suspend automatic distributions to its partners until…

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 1,600 members. GGC owns 49% of ProGold LLC in partnership with American Crystal Sugar Company, and 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, 2017.

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 or (855)827-7391, and ask for Mr. Jayson Menke, or email to jmenke@fncagstock.com.

Partners

© Copyright - Golden Growers Cooperative.