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Derivative Financial Instruments (Tables) | 9 Months Ended
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Oct. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Assets at Fair Value [Table Text Block] | The following table provides information about the fair values of the Company’s derivative financial instruments (that are not accounted for under the “normal purchases and normal sales” scope exemption of ASC 815) and the line items on the Consolidated Condensed Balance Sheets in which the fair values are reflected (in thousands):
|  | Asset Derivatives Fair Value |  |  | Liability Derivatives Fair Value |
|  | October 31, 2021 |  |  | January 31, 2021 |  |  | October 31, 2021 |  |  | January 31, 2021 |
Commodity futures (1) |  | $ | - |  |  | $ | - |  |  | $ | 3,822 |  |  | $ | 1,794 |
Forward purchase contracts (2) |  |  | 430 |  |  |  | 2,144 |  |  |  | 687 |  |  |  | - |
Total |  | $ | 430 |  |  | $ | 2,144 |  |  | $ | 4,509 |  |  | $ | 1,794 |
(1) Commodity futures liabilities are included in accrued expenses and other current liabilities. These contracts include short/sell positions for approximately 690,000 bushels of corn and 5.5 million gallons of ethanol at October 31, 2021. These contracts include short/sell positions for approximately 6.9 million bushels of corn at January 31, 2021. These contracts included long/buy positions for approximately 2.3 million bushels of corn at October 31, 2021. There were no long/buy positions at January 31, 2021. Commodity futures assets, had there been any at either October 31, 2021 or January 31, 2021 would be included in prepaid expenses and other assets. (2) Forward purchase contracts assets are included in prepaid expenses and other current assets. These contracts are for purchases of approximately 5.7 million bushels of corn at October 31, 2021 and 6.4 million bushels of corn at January 31, 2021. Forward contract liabilities are included in accrued expenses and other current liabilities. These contracts are for purchases of approximately 6.7 million bushels of corn at October 31, 2021. There were no forward contract liabilities as of January 31, 2021.

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