• 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

Nicolas ‘Nick’ Pyle elected Chairman of Golden Growers Cooperative

Immediately after the 2025 annual meeting, the GGC board elected Nick Pyle as Chairman. Mr. Pyle most recently served as Vice-Chairman. Nick served as a director from 2010 through 2022. He previously served as Secretary from March 2013 to March 2015, and Chaired the Audit Committee from March 2015 to March 2022. After departing the board in 2022, Pyle returned was elected again in 2023. He has been farming since 2002 near Casselton, North Dakota. Mr. Pyle serves as a director of McIntyre-Pyle,…

GGC Board Approves Distribution of $0.23/Unit

On June 13th, the Golden Growers Board of Directors approved a $0.23/Unit distribution of $3,562,810 to members of record as of June 1, 2025. This distribution will retire a portion of remaining 2022 and 2023 allocated income. With this distribution, the remaining equity credit balance is $3,599,091 or $0.23/bushel. This balance is useful in determining per Unit basis levels and does not constitute an outstanding obligation for GGC. GGC has issued payments to members totaling $150,165,868…

Member Quiz

In his annual meeting presentation, Executive VP Stofferahn prepared a quiz about aspects of Golden Growers Cooperative. Below are some of those questions along with the answers. When was the first Golden Growers member meeting? April 1994 How much capital was raised from members in the 1994? $54 million What was the cost per share in 1994? $3.45/share which included $0.10/share seed money followed by another $3.35 capital contribution. When did GGC convert from…

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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