• 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

Golden Growers announces Cargill’s Intention for ProGold Buyout in Late 2026

Golden Growers announces Cargill’s Intention for ProGold Buyout in Late 2026 O December 20, 2024 - West Fargo, ND Golden Growers Cooperative and Cargill Inc. announced today that Cargill will buy out Golden Growers Cooperative’s interest in ProGold LLC at the end of the current lease which concludes on December 31, 2026. ProGold LLC owns a corn wet milling plant in Wahpeton, ND that Cargill has been leasing since 2007.  In 2022, Cargill purchased 50% interest in ProGold from…

GGC Board Approves $0.16/Unit Distribution

On September 12th, the Golden Growers Board of Directors approved a distribution of $2,478,476 or $0.16/Unit to members of record as of October 1, 2024. This October distribution retires a portion of allocated income from 2022. In combination with the February and June distributions, a total of $7,745,240 has been issued to members in 2024. With this payment, Golden Growers has issued payments to members totaling $143,040,247 or 265% of original investment in the ProGold plant.

2025 Board Elections – 2 Vacancies To Be Filled

Brett Johnson (Central District) and Matt Hasbargen (At-Large Member) will both reach their term limit at our next annual meeting. David Kragnes (North District) is up for re-election as well. This means there will be two director vacancies for the At-Large Director and for the Central District. Members who may be interested should contact the Golden Growers office or review election and nomination information on our website.

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.

Partners

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