GGC Board Approves Equity Credit Retirement of $0.22/bushel.
At their June 18th meeting, the Golden Growers Board of Directors approved a distribution of $3,408,900, or $0.22/bushel delivered in 2014, to members of record as of June 1, 2015. Combined with the February distribution, 84% of 2014 allocated income has been retired. The remaining equity credit balance is $1,295,004 or $0.0836/bushel delivered in 2014.
To date, Golden Growers has issued payments to members totaling $76,648,051. This represents 142% of members’ original equity investment in the ProGold plant.