• 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

GGC Board Approves Distribution of $0.16/Unit

On June 13th, the Golden Growers Board of Directors approved a $0.16/Unit distribution of $2,478,477 to members of record as of June 1, 2024 This distribution will retire a portion of remaining 2022 allocated income. With this distribution, the remaining equity credit balance is $6,377,344 or $0.42/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 $140,561,771 or 260% of…

“We don’t get to choose if we are a target,” Eide Bailly’s Jon Ault on Cybersecurity

During his short course presentation, Jon Ault from Eide Bailly outlined the current cybersecurity landscape. Ault stated that 28% of cyber threats are the result of user action while 72% is the result of external exposure which includes software exploits or a remote access hijack. Vulnerabilities continue to rise at a rapid rate each year. A significant portion of vulnerabilities are the result of failures to update software Ault explained the ‘Attack Chain’ for bad actors. “It starts…

2025 Annual Meeting & Elections

Our next annual meeting is scheduled for Thursday, March 20th, 2025 at the DoubleTree in West Fargo. Because we will be able to send the annual meeting booklet and ballot to members prior to receiving the audit report, we will be able to get ballots to members on a timely basis in advance of the annual meeting. Similar to 2024, summary financial information will be included in the annual meeting booklet and the audited annual report will be posted to the Golden Growers website. 2025 ElectionsIn…

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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