• 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

Rail Transportation Continues to Roil Ag Industry

In March, the National Grain and Feed Association (NGFA) wrote the Surface Transportation Board (STB) to highlight “significant” service disruptions reported by their members. Corn refiners also identified problems with ‘first mile’ and ‘last mile’ rail service – situations where product is not picked up to be shipped OR product has arrived in a nearby rail yard, but not delivered to its destination. Roots of rail transportation problems are several. Beginning in 2003, Class I…

2023 Incentives, & Fees Set, Pool Election Decision

2023 Incentive Payments & Agency Fees Incentive Payments and Agency Fees for Method A and Method B Pool participation will remain the same for 2023. That means Golden Growers will pay $0.05 for Method A bushels delivered directly to the plant and will charge $0.02 for Method B bushels the Cooperative secures and delivers on a member’s behalf. 2023 Annual Delivery Agreement Pool Election Each year, Members have the opportunity to change their method of delivery by submitting a revised…

GGC Board Approves $0.14/bushel October Distribution

On September 15th, the Golden Growers Board of Directors approved a distribution of $2,168,667 or $0.14/Unit to members of record as of October 1, 2022. This distribution retires remaining allocated income for 2021 and a portion of allocated income for 2022. In combination with the February and June distributions, a total of $6,041,286 has been issued to members in 2022. As you are aware, as of March 1, 2022, Golden Growers Cooperative and Cargill are 50/50 owners of ProGold LLC and a new operating…

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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