• 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

SAVE THE DATE: GGC Annual Meeting Set for Thursday, March 28th

Golden Growers Cooperative will hold its Annual Members Meeting on Thursday, March 28th at the Doubletree Conference Center, 825 E Beaton Drive, West Fargo, ND. Members will have the opportunity to elect Directors to serve on the Golden Growers Board. Current directors up for re-election are: David Benedict, Sabin, MN (EC District); Matthew Hasbargen, Breckenridge, MN (NE District); Nicolas Pyle, Casselton, ND (NW District); Byron Koehl, Hancock, MN (SE District); and Brett Johnson, Mooreton,…

GGC Board Approves Distribution of $0.14/bushel

On September 13th, the Golden Growers Board of Directors approved a distribution of $2,168,667 to members of record as of October 1, 2018. This distribution retires an additional portion of 2017 allocated income and is to be issued no later than October 15th. Total 2017 allocated income was $8,276,784 or roughly $0.53/bushel. In combination with the February and June distributions, a total of $6,831,667 has been issued to members in 2018. Of this amount, the remaining allocated income for 2016 and…

2019 Annual Delivery Pool Election

Each year, Members have the opportunity to change their method of delivery by submitting a revised Annual Delivery Agreement (ADA). This is your only opportunity to change your method of delivery for the coming year. You should have already received your Annual Delivery Election letter. Only members intending to change their delivery method need to respond. Members who deliver directly to the plant through the Method A pool have a $0.07/bushel advantage over members participating in the Method…

Events

  1. GGC Board of Directors Meeting

    February 1, 2019 @ 9:00 am - 10:00 am
  2. GGC Board of Directors Meeting

    March 27, 2019
  3. GGC Annual Meeting

    March 28, 2019

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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