Derivatives (Tables)

12 Months Ended

Dec. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Contracts

The Company’s derivative contracts as of December 31, 2021 were as follows:

	Asset Derivative		Liability Derivative
Soybeans	$	18	$	48
Soybean oil	5		1
Soybean meal	—		1,228
Effect of daily cash settlement	(23)		(1,277)
Net derivatives as classified in the balance sheet	$	—	$	—

Schedule of Pre-tax Gains (Losses)

The tables below show the amounts of pre-tax gains and losses related to the Company’s derivatives

	Year Ended December 31, 2021
	Gain (loss) realized on derivatives		Unrealized (loss) gain on derivatives		Total (loss) gain recognized in income
Soybeans	$	211	$	(30)	$	181
Soybean oil	1,148		4		1,152
Soybean meal	(680)		(1,228)		(1,908)
Total	$	679	$	(1,254)	$	(575)