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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUE $ 39,055,745 $ 21,039,084 $ 108,298,028 $ 70,865,006
COST OF SALES 35,108,905 18,408,251 90,091,281 56,233,607
GROSS PROFIT 3,946,840 2,630,833 18,206,748 14,631,399
EXPENSES        
General and administrative expenses 697,294 575,807 1,918,800 1,917,053
Depreciation expense 632,151 1,702,322 2,996,502 4,976,008
Amortization expense 31,446 10,110 65,890 30,330
Total expenses 1,360,891 2,288,239 4,981,192 6,923,391
Income from operations 2,585,949 342,594 13,225,555 7,708,008
Other income (expense)        
Interest expense 0      
Interest from Industrial Development Revenue Bonds 280,000 280,000 840,000 840,000
Plant lease expense (280,000) (280,000) (840,000) (840,000)
Bioenergy incentive program income     374,079 148,999
Interest income 4,520 3,513 33,900 36,275
Other income (expense) (1,050) 7,825 7,234 (79,352)
Total other income 3,470 11,338 415,213 105,922
NET INCOME 2,589,419 353,932 13,640,768 7,813,930
Other comprehensive income        
Unrealized gain (loss) on grain hedging contracts 214,050 (58,661) 613,194 (449,469)
COMPREHENSIVE INCOME $ 2,803,470 $ 295,271 $ 14,253,962 $ 7,364,461
NET INCOME PER UNIT        
BASIC AND DILUTED (in dollars per unit) $ 91.11 $ 12.45 $ 479.97 $ 274.94
WEIGHTED AVERAGE UNITS OUTSTANDING        
BASIC (in unit) 28,420 28,420 28,420 28,420
DILUTED (in unit) 28,420 28,420 28,420 28,420