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PROGOLD LIMITED LIABILITY COMPANY
6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
PROGOLD LIMITED LIABILITY COMPANY

NOTE 3 PROGOLD LIMITED LIABILITY COMPANY

The Cooperative and Cargill each hold a 50% interest in ProGold LLC. Please refer to Part I, Item 2 of this Quarterly Report on Form 10-Q for more information regarding the Cooperative’s ownership interest in ProGold LLC. Following is summary financial information for ProGold LLC, which was derived from the June 30th unaudited and December 31st audited financial statements of ProGold LLC:

 

    June 30,     December 31,  
(In Thousands)   2026     2025     2025  
Current assets $  220   $  221   $  255  
Long-term assets   26,649     29,506     28,042  
Total assets $  26,869   $  29,727   $  28,297  
Current liabilities $  91   $  207   $  49  
       Total liabilities   91     207     49  
Members’ equity   26,778     29,520     28,248  
Total liabilities and members’ equity $  26,869   $  29,727   $  28,297  
Rent revenue on operating lease $  7,905   $  7,905   $  16,230  
Expenses   1,444     1,206     3,308  
Net income $  6,461   $  6,699   $  12,922