Inventories

3 Months Ended

Mar. 31, 2022

Inventory Disclosure [Abstract]

Inventories

Inventories

The Company’s inventories consist of the following at March 31, 2022 and December 31, 2021:

	March 31, 2022		December 31, 2021
Finished goods	$	68,917,593	$	60,233,567
Raw materials	53,567,016		34,501,561
Supplies & miscellaneous	406,511		331,257
Totals	$	122,891,120	$	95,066,385

Finished goods and raw materials are valued at estimated market value, which approximates net realizable value. Supplies and other inventories are stated at the lower of cost or net realizable value.