Golden Growers Q2 Revenue Dips Amid Shifts in Member Delivery Mix

Golden Growers Cooperative reported its Q2 2026 financial results on August 11. Revenue dropped to $14.9M, an 8% decrease from the same period last year when it reached $16.2M. Net income remained relatively stable at $1.48M.

The cooperative's diluted earnings per share remained flat at $0.10 for Q2 2026 compared to the same period in 2025. Corn marketing revenue declined by 8-10% year over year due to lower corn prices, which reduced both volume and value.

Golden Growers' member delivery mix shifted toward Method B (75.6%) from Method A (24.4%) in 2026. This change preserved Method A pool allocations for members. The cooperative plans to sell its 50% stake in ProGold LLC to Cargill after the existing lease expires, according to their Operating Agreement.

The cooperative received $3.966M through June 2026 as distributions from ProGold, but these fell year-to-date due to higher expenses. Members approved a Plan of Liquidation and Dissolution on March 27, 2025, paving the way for asset sales.