Golden Growers Cooperative
goldengrowers.comGolden Growers Cooperative (GGROU) is an agricultural cooperative that organizes corn growers to deliver corn for processing at a wet-milling facility. The cooperative earns income primarily through its 50% membership interest in ProGold Limited Liability Company (ProGold), which derives revenue from Cargill Incorporated's lease of the ProGold processing facility. Members receive a market price for corn delivered, plus patronage distributions proportionate to their share of the cooperative's income from ProGold. Golden Growers was formed in 1994 by a group of corn growers in the region around West Fargo, North Dakota, with the goal of adding value to member-delivered corn through partial ownership of a processing facility. The cooperative pays Cargill an annual fee of $60,000 for handling member corn deliveries, plus a per-bushel fee of $400 for each member who fails to complete deliveries, as disclosed in the 10-K filed 2026-03-18. Member income and losses are allocated annually based on bushels delivered under Method A or Method B delivery pools per the Fourth Amended and Restated Bylaws.
Products & Services
Corn aggregation and delivery coordination for wet-milling processing. Patronage distributions to member corn growers based on bushels delivered under Method A and Method B delivery pools.
Revenue Model
The cooperative's income derives from its 50% interest in ProGold LLC, which receives lease payments from Cargill for the wet-milling facility. Members receive market-price payments for corn delivered plus patronage distributions based on each member's proportionate share of cooperative income from ProGold.
Customers & Markets
Members are corn growers who are contractually obligated to deliver corn to the cooperative. The primary commercial counterparty is Cargill Incorporated, which leases the ProGold wet-milling facility and processes the delivered corn.
Geographic Exposure
Headquartered in West Fargo, North Dakota (1002 Main Avenue West, Suite 5). Operations centered on corn-growing members in the surrounding regional agricultural area.
Financial snapshot data is not available right now.
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