Golden Growers Cooperative's Corporate Customers have recorded an advance in their cost of revenue by 1.76 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -12.04 %. During the corresponding time, Golden Growers Cooperative saw a revenue deteriorated by -10.88 % year on year, sequentially revenue grew by 31.17 %. While revenue at the Golden Growers Cooperative's corporate clients recorded rose by 4.1 % year on year, sequentially revenue fell by -8.97 %.
Golden Growers Cooperative's Customers have recorded an advance in their cost of revenue by 1.76 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -12.04 %, for the same period Golden Growers Cooperative revnue deteriorated by -10.88 % year on year, sequentially revenue grew by 31.17 %.
Golden Growers Cooperative's Comment on Sales, Marketing and Customers
Cargill operates the ProGold processing plant year-around but the facility only
has enough corn storage on-site for approximately five days of operations. Corn
deliveries to the facility are typically required four or five days each week
of the year. Farmers harvest corn in October and November, although weather conditions
have occasionally delayed harvest for some farmers into Winter or Spring. Corn
can be stored for a long period of time after it is harvested in storage facilities.
The Cooperative does not control when members deliver corn to Cargill for processing
at the facility. Some of members may elect to deliver higher volumes of corn immediately
following harvest in October and November, while others prefer to deliver at times
when local market prices are higher, typically in the Spring and late Summer months.
Corn price contracts that members and Cargill enter into each year typically anticipate
these delivery trends and incent members to store their corn on their farms until
fewer farmers wish to deliver to the plant. As a result, while there is some seasonality
to corn deliveries, members deliver corn every week of the year, and the Cooperative
monitors and makes payments for those deliveries every week.
Golden Growers Cooperative’s Comment on Sales, Marketing and Customers
Cargill operates the ProGold processing plant year-around but the facility only
has enough corn storage on-site for approximately five days of operations. Corn
deliveries to the facility are typically required four or five days each week
of the year. Farmers harvest corn in October and November, although weather conditions
have occasionally delayed harvest for some farmers into Winter or Spring. Corn
can be stored for a long period of time after it is harvested in storage facilities.
The Cooperative does not control when members deliver corn to Cargill for processing
at the facility. Some of members may elect to deliver higher volumes of corn immediately
following harvest in October and November, while others prefer to deliver at times
when local market prices are higher, typically in the Spring and late Summer months.
Corn price contracts that members and Cargill enter into each year typically anticipate
these delivery trends and incent members to store their corn on their farms until
fewer farmers wish to deliver to the plant. As a result, while there is some seasonality
to corn deliveries, members deliver corn every week of the year, and the Cooperative
monitors and makes payments for those deliveries every week.
Sources:
Golden Growers Cooperative’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Golden Growers Cooperative’s corporate clients.
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