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Inventories
 9 Months Ended
Sep. 30, 2025
Inventory, Net [Abstract]  
Inventories Inventories
Major classes of inventories are presented below. Readily Marketable Inventories ("RMI") are agricultural commodity inventories such as corn, soybeans, wheat, and ethanol co-products, among others, carried at net realizable value which approximates fair value based on their commodity characteristics, widely available market information, and pricing mechanisms. The net realizable value of RMI is calculated as the fair value (spot price of the commodity in an exchange), less cost of disposal and transportation based on the local market. All other inventories are held at lower of cost or net realizable value.
(in thousands)September 30,
2025		December 31,
2024		September 30,
2024
Grain and other agricultural products (a)$607,272 $951,283 $648,808 
Energy inventories (a)14,203 17,381 13,688 
Ethanol and co-products (a)83,882 109,528 80,577 
Nutrients and cob products193,921 208,619 141,266 
Total inventories$899,278 $1,286,811 $884,339 
(a) Includes RMI of $630.8 million, $944.5 million, and $639.7 million at September 30, 2025, December 31, 2024, and September 30, 2024, respectively.