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Segment Information
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
Reportable segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker ("CODM"), who is the Company’s Chief Executive Officer, in deciding how to allocate resources and in assessing performance. The CODM allocates resources to and evaluates the financial performance of each operating segment primarily based on Income before income taxes. The operating and reportable segment structure provides alignment between business strategies and operating results. The Company’s operations include two reportable business segments that are distinguished primarily on the basis of products and services offered as well as the management structure.

Effective January 1, 2025, the Company realigned its organizational structure to better reflect updates in management reporting resulting in a change in reportable segments. As a result, the former Trade segment was combined with the former Nutrient & Industrial segment in the newly formed Agribusiness segment along with several smaller business lines being moved between the Agribusiness and Renewables segments. All prior period segment information has been recast to conform to the current year presentation.

The Agribusiness segment includes commodity merchandising, the operation of terminal grain elevator facilities, and the manufacturing and distribution plant nutrient products. The Renewables segment produces, purchases and sells ethanol and co-products. The segment also operates a merchandising portfolio of ethanol, ethanol co-products and renewable feedstocks. Other includes corporate income and expense and cost for functions that provide support and services to the operating segments, as well as other elimination and consolidation adjustments.

The segment information below includes the allocation of expenses shared by one or more operating segments. Although management believes such allocations are reasonable, the operating information does not necessarily reflect how such data might appear if the segments were operated as separate businesses. The Company does not have any customers who represent 10 percent, or more, of total revenues.
 Three months ended June 30, 2025Six months ended June 30, 2025
(in thousands)AgribusinessRenewablesTotalAgribusinessRenewablesTotal
Sales and merchandising revenues$2,414,827 $721,042 $3,135,869 $4,408,114 $1,386,853 $5,794,967 
Cost of sales and merchandising revenues2,282,765 694,688 2,977,453 4,157,454 1,326,225 5,483,679 
Operating, administrative and general expenses114,012 8,951 122,963 238,501 18,734 257,235 
Interest expense11,331 725 12,056 24,157 1,423 25,580 
Other income, net (a)
12,180 746 12,926 21,221 1,834 23,055 
Segment income$18,899 $17,424 $36,323 $9,223 $42,305 $51,528 
less: Corporate expenses11,488 23,480 
Income before income taxes$24,835 $28,048 
(a) Other income, net for both reportable segments include interest income, property insurance recoveries, patronage income, amongst other items.

 Three months ended June 30, 2024Six months ended June 30, 2024
(in thousands)AgribusinessRenewablesTotalAgribusinessRenewablesTotal
Sales and merchandising revenues$2,109,351 $685,854 $2,795,205 $4,170,790 $1,342,632 $5,513,422 
Cost of sales and merchandising revenues1,981,308 638,526 2,619,834 3,943,228 1,266,503 5,209,731 
Operating, administrative and general expenses97,906 8,046 105,952 194,827 16,823 211,650 
Interest expense6,098 996 7,094 12,729 1,453 14,182 
Other income, net (a)
4,542 1,176 5,718 11,113 5,936 17,049 
Segment income$28,581 $39,462 $68,043 $31,119 $63,789 $94,908 
less: Corporate expenses10,697 23,594 
Income before income taxes$57,346 $71,314 
(a) Other income, net for each reportable segment includes:
Agribusiness - interest income, patronage income, amongst other items.
Renewables - interest income, a gain on the deconsolidation of the ELEMENT joint venture, patronage income, amongst other items.
Three months ended June 30, 2025Six months ended June 30, 2025
(in thousands)AgribusinessRenewablesOtherTotalAgribusinessRenewablesOtherTotal
Depreciation and amortization (a)
$20,399 $12,018 $654 $33,071 $42,084 $23,909 $1,418 $67,411 
Purchases of property, plant and equipment and capitalized software38,886 9,940 2 48,828 74,153 20,736 487 95,376 
Interest income (b)
1,359 728 2 2,089 3,259 1,331 11 4,601 
(a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations.
(b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations.
Three months ended June 30, 2024Six months ended June 30, 2024
(in thousands)AgribusinessRenewablesOtherTotalAgribusinessRenewablesOtherTotal
Depreciation and amortization (a)
$17,279 $11,719 $1,271 $30,269 $34,327 $23,684 $3,207 $61,218 
Purchases of property, plant and equipment and capitalized software16,921 10,988 705 28,614 30,674 22,496 2,219 55,389 
Interest income (b)
2,712 1,000 — 3,712 5,735 2,659 — 8,394 
(a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations.
(b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations.

(in thousands)June 30,
2025		December 31,
2024		June 30,
2024
Identifiable assets
Agribusiness$2,214,334 $2,778,025 $2,102,910 
Renewables707,722 680,546 722,142 
Other524,435 662,743 474,761 
Total assets$3,446,491 $4,121,314 $3,299,813 

Three months ended June 30,Six months ended June 30,
(in thousands)2025202420252024
Revenues from external customers by geographic region
United States$2,426,004 $2,071,563 $4,558,292 $4,058,222 
Canada133,191 127,281 269,416 258,719 
Mexico89,452 86,466 158,472 157,333 
Other487,222 509,895 808,787 1,039,148 
   Total$3,135,869 $2,795,205 $5,794,967 $5,513,422 

Substantially all of the Company's long-lived assets are located within the United States. The Company had approximately $48.5 million, $45.8 million, and $34.0 million of long-lived assets in other countries at June 30, 2025, December 31, 2024, and June 30, 2024, respectively, with substantially all of the foreign long-lived assets located within Canada for all periods presented.