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Related-Party Transactions
 6 Months Ended
Jul. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

Note 13. Related-Party Transactions

 

During the second quarters of fiscal years 2021 and 2020, One Earth and NuGen purchased approximately $20.7 million and approximately $4.9 million, respectively, of corn (and other supplies) from minority equity investors and board members of those subsidiaries. Such purchases totaled approximately $37.4 million and approximately $17.2 million for the six months ended July 31, 2021 and 2020, respectively. The Company had amounts payable to related parties of approximately $2.5 million and approximately $0.7 million at July 31, 2021 and January 31, 2021, respectively.

 

During each of the second quarters of fiscal years 2021 and 2020, the Company recognized commission expense of approximately $0.2 million, payable to the minority investor in the refined coal entity. During the first six months of fiscal years 2021 and 2020, the company recognized commission expense of approximately $0.2 million and income of approximately $0.1 million, respectively. The commission expense is associated with the refined coal segment. The Company had accrued liabilities and accounts payable related to the commission expense of approximately $0.1 million at July 31, 2021 and January 31, 2021.