XML 37 R29.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Derivative Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jul. 31, 2022
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 |  |  | Liability Derivatives |
|  | Fair Value |  |  | Fair Value |
|  | July 31, 2022 |  |  | January 31, 2022 |  |  | July 31, 2022 |  |  | January 31, 2022 |
Commodity futures (1) |  | $ | 3,501 |  |  | $ | - |  |  | $ | - |  |  | $ | 933 |
Forward purchase contracts (2) |  |  | - |  |  |  | 993 |  |  |  | 3,461 |  |  |  | - |
Total |  | $ | 3,501 |  |  | $ | 993 |  |  | $ | 3,461 |  |  | $ | 933 |
(1) Commodity futures assets are included in “Prepaid expenses and other current assets” on the accompanying Consolidated Condensed Balance Sheets. These contracts included short/sell positions and (2) Forward contract liabilities, are included in “Accrued expenses and other current liabilities” on the accompanying Consolidated Condensed Balance Sheets. These contracts were for purchases of approximately 12.3 million bushels of corn at July 31, 2022. Forward purchase contracts assets are included in prepaid expenses and other current assets. These contracts were for purchases of approximately 19.2 million bushels of corn at January 31, 2022.

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative assets at fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration