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Revenue
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue REVENUE
Revenue by Source
The following tables disaggregate revenue by major source (in thousands):
Three Months Ended March 31, 2024
Ethanol ProductionAgribusiness & Energy
Services
EliminationsTotal
Revenues
Revenues from contracts with customers under ASC 606
Ethanol$— $— $— $— 
Distillers grains24,800 — — 24,800 
Renewable corn oil— — — — 
Other14,347 2,412 — 16,759 
Intersegment revenues1,213 89 (1,302)— 
Total revenues from contracts with customers40,360 2,501 (1,302)41,559 
Revenues from contracts accounted for as derivatives under ASC 815 (1)
Ethanol350,112 73,375 — 423,487 
Distillers grains77,923 9,690 — 87,613 
Renewable corn oil34,160 — — 34,160 
Other3,104 7,291 — 10,395 
Intersegment revenues— 6,139 (6,139)— 
Total revenues from contracts accounted for as derivatives465,299 96,495 (6,139)555,655 
Total Revenues$505,659 $98,996 $(7,441)$597,214 

Three Months Ended March 31, 2023
Ethanol ProductionAgribusiness & Energy
Services
EliminationsTotal
Revenues
Revenues from contracts with customers under ASC 606
Ethanol$— $— $— $— 
Distillers grains25,010 — — 25,010 
Renewable corn oil— — — — 
Other9,587 8,450 — 18,037 
Intersegment revenues1,105 52 (1,157)— 
Total revenues from contracts with customers35,702 8,502 (1,157)43,047 
Revenues from contracts accounted for as derivatives under ASC 815 (1)
Ethanol498,186 88,639 — 586,825 
Distillers grains111,925 11,363 — 123,288 
Renewable corn oil44,296 716 — 45,012 
Other7,609 27,168 — 34,777 
Intersegment revenues— 5,998 (5,998)— 
Total revenues from contracts accounted for as derivatives662,016 133,884 (5,998)789,902 
Total Revenues$697,718 $142,386 $(7,155)$832,949 

(1)Revenues from contracts accounted for as derivatives represent physically settled derivative sales that are outside the scope of ASC 606.
Major Customer
Revenues from Customer A represented approximately 15% and 14% of total revenues for the three months ended March 31, 2024 and 2023, respectively, recorded within the ethanol production segment.