Cargill to buy Golden Growers' 50% stake in ProGold LLC at lease end in Dec 2026

Golden Growers Cooperative

Cargill will purchase Golden Growers' 50% membership interest in ProGold LLC upon lease expiration on December 31, 2026.
Conditions for a long-term joint venture, set in 2022 when Cargill bought 50% from American Crystal Sugar, are unachievable due to economic environment.
ProGold LLC owns a corn wet milling plant in Wahpeton, ND; Cargill has leased it since 1997.
Golden Growers Chairman Brett Johnson acknowledged limited ability to maintain long-term interest; Cargill's VP Andy Joehl affirmed continued operations at the plant.

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