XML 29 R21.htm IDEA: XBRL DOCUMENT v3.22.1
Related-Party Transactions
3 Months Ended
Apr. 30, 2022
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

Note 14. Related-Party Transactions

 

During the first quarter of fiscal years 2022 and 2021, One Earth and NuGen purchased approximately $30.7 million and approximately $16.7 million, respectively, of corn (and other supplies) from minority equity investors and board members of those subsidiaries. The Company had amounts payable to related parties of approximately $0.5 million at April 30, 2022 and January 31, 2022.

 

During the first quarter of fiscal year 2021, the Company recognized commission expense of approximately $36,000, payable to the minority investor in the refined coal entity. The commission expense is associated with the refined coal business which is classified within discontinued operations.