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…