5. Major Customers

ABE South Dakota has ethanol marketing agreements with NGL Energy Partners, LP (“NGL”), a diversified energy business. These ethanol marketing agreements require that we sell to NGL all of the denatured fuel-grade ethanol produced at the South Dakota plants. The term of these ethanol marketing agreements expires on June 30, 2019.

ABE South Dakota is party to a co-product marketing agreement with Dakotaland Feeds, LLC (“Dakotaland Feeds”), whereby Dakotaland Feeds markets the local sale of distillers’ grains produced at the ABE South Dakota Huron plant to third parties for an agreed-upon commission. ABE South Dakota has a marketing agreement with Gavilon (as defined below) to market the dried distillers’ grains from the Aberdeen plant through July 31, 2017. ABE South Dakota self-markets the wet distillers’ grains produced at the Aberdeen plant.

Sales and receivables from the ABE South Dakota’s major customers were as follows (in thousands):


	As of and for the Nine Months Ending		As of and for the Nine Months Ending		As Of
	June 30, 2016		June 30, 2015		September 30, 2015
NGL Energy - Ethanol
Nine months revenues	$	88,579	$	90,031
Receivable balance at period end		4,676			$	3,272

Gavilon - Distillers Grains
Nine months revenues	$	11,518	$	13,098
Receivable balance at period end		478			$	384

Dakotaland Feeds - Distillers Grains
Nine months revenues	$	9,040	$	9,302
Receivable balance at period end		386			$	206