EXHIBIT 21
SUBSIDIARIES OF REX AMERICAN RESOURCES CORPORATION
| Name | State of Incorporation or Organization | ||||
| Alistar Enterprises, LLC(1) | Delaware | ||||
| AVA Acquisition Corp. | Delaware | ||||
| Rex Radio and Television, Inc.(2) | Ohio | ||||
| Rex Acquisition, LLC(3) | Ohio | ||||
| REX Carbon, LLC | Ohio | ||||
| RGPP I, LLC(4) | Ohio | ||||
| REX/GPP II, LLC(4) | Ohio | ||||
| REX Investment, LLC(5) | Ohio | ||||
| REX IP, LLC | Ohio | ||||
| REX Marketing Group, LLC(4) | South Dakota | ||||
| RRC1, LLC(6) | Ohio | ||||
| Farmers Energy Incorporated | Delaware | ||||
| Farmers Energy Big River Holding, LLC(7) | Ohio | ||||
| Farmers Energy Big River, LLC(8) | Ohio | ||||
| Farmers Energy Cardinal Holding, LLC(4)(7) | Ohio | ||||
| Farmers Energy Highwater Holding, LLC(4)(7) | Ohio | ||||
| Farmers Energy Highwater, LLC(4)(8) | Ohio | ||||
| Farmers Energy Levelland Holding, LLC(4)(7) | Ohio | ||||
| Farmers Energy Levelland, LLC(4)(8) | Ohio | ||||
| Farmers Energy Millennium Holding, LLC(4)(7) | Ohio | ||||
| Farmers Energy Millennium, LLC(4)(8) | Ohio | ||||
| Farmers Energy One Earth Holding, LLC(7) | Ohio | ||||
| Farmers Energy One Earth, LLC(8) | Ohio | ||||
| One Earth Energy, LLC(9) | Illinois | ||||
| One Earth Sequestration, LLC(10) | Illinois | ||||
| Farmers Energy Patriot Holding, LLC(7) | Ohio | ||||
| Farmers Energy Patriot, LLC(8) | Ohio | ||||
| FEI Investment Incorporated | Delaware | ||||
| Future Energy, LLC(11) | Ohio | ||||
| FE-II, LLC(12) | Ohio | ||||
| REX NuGen Holding, LLC(7) | South Dakota | ||||
| REX NuGen, LLC(8) | South Dakota | ||||
| NuGen Energy, LLC(9) | South Dakota |
| (1) | Wholly-owned subsidiary of RRC1, LLC |
| (2) | Wholly-owned subsidiary of AVA Acquisition Corp. |
| (3) | Wholly-owned subsidiary of Rex Radio and Television, Inc. |
| (4) | Non-operating or inactive subsidiary. |
| (5) | AVA Acquisition Corp. is the managing member and owns a 98.032% Class A membership interest, a 95.46% Class B membership interest and a 100% Class C membership interest. |
| (6) | AVA Acquisition Corp. owns a 95.35% percentage interest. |
| (7) | First-tier wholly-owned subsidiary of Farmers Energy Incorporated. |
| (8) | Second-tier wholly-owned subsidiary of Farmers Energy Incorporated. |
| (9) | Third-tier majority-owned subsidiary of Farmers Energy Incorporated. |
| (10) | Fourth-tier majority-owned subsidiary of Farmers Energy Incorporated. |
| (11) | Majority-owned subsidiary of REX IP, LLC. |
| (12) | Wholly-owned subsidiary of Future Energy, LLC. |