10/15/2026 | Press release | Distributed by Public on 10/15/2026 12:44
Member Distributions: The expected schedule is as follows:
- October 2026 - Member Distribution to retire equity credits for members of record October 1, 2026
- January 2027 - The Method A delivery incentive payment (for members who delivered in 2026)
- February 2027 - Required member distribution with a minimum of 30% of 2026 allocated income for members of record February 1, 2027.
Note: Golden Growers will withhold 2026 Method B Agency Fees and ND income tax withholding (for non-ND residents) from this payment. If allocated income is similar to 2026, this could be a little over $0.13/Unit.
Equity Distributions: Golden Growers expects the $81 million dollar payment from Cargill on January 1st, but distributions of that equity will not occur until March. Equity is expected to be issued in two separate payments
- Mid-March 2027 - Large initial equity payment.
- Late-March 2027 - Smaller final equity retirement payment.
Note: Quick math ($81M/15,490,480 units) would suggest total equity payments of around $5.20/Unit. Again, the amount is not yet determined and will depend on operating expenses and any unanticipated claims that may occur.
Non-Continuing Operations:
- 2027 Deliveries - There will be no delivery requirements for 2027
- 2027 Annual Meeting/Director Elections - with a pending dissolution of the cooperative, no annual meeting or director elections will occur in 2027.
Golden Growers Office
- January through May - Answer member inquiries, digitize company financial and other company records for archiving,
- February 2027 - Mail 2026 K-1 Tax Forms
- May 31, 2027 - final filings of dissolution with MN Secretary of State and ND Secretary of State.
- May 31, 2027 - Office officially closes.
- February 2027 - Eide Bailly will issue final 2027 K-1 Tax forms to members.
Golden Growers Website
- 2027-2028 - Golden Growers website will remain through 2028, but only for reference purposes.