• 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

SAVE THE DATE: GGC FINAL Annual Meeting Set for THURSDAY, MARCH 19th

Golden Growers Cooperative will hold its FINAL Annual Members Meeting on Thursday, March 19th 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 for 3-year terms are: Brady Koehl, Hancock, MN (At-Large Director); Nick Pyle, Casselton, ND (Central District); and Richard Bot, Minneota, MN (South District). Any member in good standing is eligible to…

Carl Larson – NDSU Agribusiness Award Recipient

At the NDSU Harvest Bowl Banquet, Carl Larson was recognized for his agri-business contributions to the state and region. Carl’s many accomplishments include serving on the original steering committee for Northern Corn Processors Cooperative and the Golden Growers Board. Carl also served as Chairman of Golden Growers Cooperative from 2001 through 2007. While at NDSU, Carl met Ellen, a partnership that is still strong after 64 years. Upon graduating from NDSU in 1962, Carl returned to the farm…

Charitable Donation of GGC Units Policy

At their June meeting, the GGC Board of Directors approved a policy to allow charitable donation of GGC Units. To allow the charitable donation and to avoid likely administrative issues, GGC will accommodate the donation to a charitable institution if the donation coincides with the listing of the donated units for sale with FNC Securities at the time of donation. In other words, GGC units may not be transferred to a charitable organization without a simultaneous listing with FNC Ag Stock. Donations…

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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