Facilitates member growers’ corn deliveries to a corn-processing plant and holds an ownership interest in the venture that leases the plant to Cargill.
10-K for FY2025, filed Mar 18, 2026
The Cooperative serves its member corn growers. Method A members contract directly with Cargill for corn delivery; for Method B, Cargill acquires corn and arranges delivery on members’ behalf.
10-K for FY2025, filed Mar 18, 2026Any person residing in the United States can own Units in the Cooperative as long as that person delivers or provides for the delivery of…View ↗
To hold our Units a member is required to execute a Uniform Member Agreement that obligates the member to deliver corn to us and an Annual…View ↗
In order to provide delivery services to our members in the most cost-effective manner, the Cooperative has entered into an agreement with…View ↗
Annually, we notify Cargill of the number of bushels of Method A corn to be delivered by each member who has elected to deliver corn by…View ↗
Cargill purchases the remainder of the corn to be delivered by us on behalf of our Method B delivering members at such time and in such…View ↗
Planned sale and wind-down
The older report described a Cargill purchase as a fallback if the parties could not agree on a joint venture; the latest report describes an approved plan to sell the ProGold interest to Cargill and wind up the Cooperative.
10-K for FY2022, filed Mar 8, 2023 10-K for FY2025, filed Mar 18, 2026In the event any Cargill Competitor (as defined in the Operating Agreement) acquires an equity interest in the Cooperative, Cargill will…View ↗
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