Inventories (Tables)

3 Months Ended

Mar. 31, 2025

Inventory, Net [Abstract]

Classes of inventories

(in thousands)	March 31, 2025		December 31, 2024		March 31, 2024
Grain and other agricultural products (a)	$	833,477	$	951,283	$	669,373
Energy inventories (a)	12,680		17,381		14,454
Ethanol and co-products (a)	133,352		109,528		104,878
Nutrients and cob products	269,538		208,619		205,838
Total inventories	$	1,249,047	$	1,286,811	$	994,543

(a) Includes RMI of $828.4 million, $944.5 million, and $635.5 million at March 31, 2025, December 31, 2024, and March 31, 2024, respectively.