• 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

‘Unsettled” Harless outlines lingering effects of the pandemic on rail transportation

After discussing lasting effects of the pandemic that cause the economy to be ‘unsettled’, Chairman Harless focused on issues primarily related to the rail transportation industry. Leading up to the pandemic relations between class I railroads and labor unions were already stressed due to the staff reductions related to precision scheduled railroading (PSR) implementation. As the pandemic unfolded, rail freight was reduced, employees were furloughed, and equipment was parked. “Contract negotiations,…

Matthew Jensen relays BNSF’s challenges and plans going forward

During his keynote speech to Golden Growers members, Matt Jensen discussed problems the railroad has experienced recently. “Frequent and Extreme winter weather has resulted in slower train speeds, longer car dwell at terminals, the need for additional locomotives, and reduced work productivity.” BNSF is very experienced with winter conditions. “Winter conditions are tough, but we believe we are better than any railroad in winter operations.” He relayed how they prepare their locomotives…

Directors Elected, Amendment Approved, Retired Directors Honored

GGC members approved a proposed bylaw amendment to change minimum income to be allocated to Method A pool members from 25% to 15%. Golden Growers members also elected directors for three-year terms. They include: Brady Koehl, of Hancock, MN as At-Large Director; Nicolas Pyle of Casselton, ND for the Central District; and Richard Bot of Minneota, MN for the South District. David Kragnes of Felton, MN was elected for the North District for a two-year term. At the 2024 Annual Meeting, directors…

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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