• 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

Stofferahn Discusses Timelines for the Coming Year

Executive VP Stofferahn outlined the anticipated schedule for 2026 and 2027 for members attending the annual meeting which included expected member distributions, legal planning, financial and tax planning, and equity distributions. Member Distributions: In terms of member distributions, Stofferahn stated that members can anticipate distributions that follow a schedule similar to prior years. The expected schedule would be as follows: June 2026 - Member Distribution to retire equity credits…

Tax Schedule Impacts Dissolution Timeline

When it comes to issuance of K-1s, Golden Growers and Eide Bailly work as quickly as possible to get them out. This normally means mid-February for the prior calendar year. That will be the case again for 2026 tax reporting. For 2027, Tax Form 1065 & K-1s are due the 15th day of the third month after the tax year ends. For a small partnership, this may be done manually. With 1450 members, however, Eide Bailly will need to use tax software. Unfortunately, the 2027 software needed will not be…

GGC Board Approves Distribution of $0.23/Unit

On June 11th, the Golden Growers Board of Directors approved a $0.23/Unit distribution of $3,562,810 to members of record as of June 1, 2026 with the payment to be issued no later than June 30th. Aside from distributing lease income from ProGold LLC to Golden Growers members, this distribution includes a portion of the remaining reserve that was originally intended for a potential long-term joint venture with Cargill. GGC has issued payments to members totaling $160,854,299 or 298% of members’…

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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