• 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

Johnson discussed Annual Meeting Theme ‘Due Diligence’

the future of Golden Growers Cooperative. “For the most part, we discussed the potential of achieving a long-term joint venture with Cargill OR a buyout of Golden Growers interest at the end of 2026 for an agreed upon price of $81 million.” Johnson explained that a successful joint venture would depend on co-locating a project at the ProGold site that would consume a significant portion of the grind. Whether or not that will happen will depend on numerous factors that are not within the cooperative’s…

Annual Meeting Pays Tribute to Lyle Hovland

In the past year, Golden Growers lost a great friend in Lyle Hovland. “It would be hard to find a more dedicated member of our Golden Growers family,” said Chairman Brett Johnson. Johnson explained that Lyle was at the first meeting of Northern Corn Processors, the predecessor to Golden Growers, on July 27th of 1993. Lyle then became an elected member of the Golden Growers board in May of 1995. Lyle dedicated 15 years of service to our cooperative and he rarely missed an annul meeting or…

Members Elect Three Directors

GGC members elected three directors at the 2024 Golden Growers Annual Meeting. For the North District, members re-elected Blane Benedict of Sabin, ND. For the South District, members re-elected Larry Vipond of Herman, MN. And for the At-Large Director position, Mark Harless was elected to replace Scott Jetvig who chose not to seek re-election. Chairman Brett Johnson expressed his sincere thank you to retiring board member Scott Jetvig who served since 2015. Scott most recently served as…

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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