• 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 29th in West Fargo

Golden Growers Annual Meeting – Thursday, March 29 The Golden Growers Annual Meeting is set for Thursday, March 29, 2018 at the DoubleTree Conference Center 825 E Beaton Drive, West Fargo, ND. The Doubletree is located on the north side of Interstate 94 where it intersects with Veterans Boulevard. The schedule is as follows: 8:00 a.m.         Registration and Continental Breakfast 9:00 a.m.         Short Courses Genetic testing for fermentation bacterial infections…

CRA President, John Bode to speak at Annual Meeting

Golden Growers is pleased to announce John Bode as our guest speaker at our March 29, 2018 GGC Annual Meeting to be held at the DoubleTree Conference Center in West Fargo, ND. Since 2013, Mr. Bode has served as the President of the Corn Refiners Association, a national association representing the corn wet milling industry of the United States.  He has been involved in every significant change in federal food law since the 1981 Farm Bill. Bode served in three Presidential appointments at…

The 199A Federal Tax Provision and Golden Growers Cooperative

Since the passage of federal tax legislation, a great deal of consternation has ensued about the 199A provision for cooperatives authored by Senators Hoeven and Thune. In oversimplified terms, producers who sell to a cooperative may deduct 20% of gross receipts from their business income compared to a 20% deduction against net income for sales to private firms. GGC members are wondering if Method A deliveries qualify under this provision. The answer is NO. Because GGC is formed as a MN 308B cooperative,…

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.

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