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Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Feb. 28, 2013
Accounting Policies [Abstract]  
Purchase and Sales Contracts
As of February 28, 2013, August 31, 2012 and February 29, 2012, we had the following outstanding purchase and sales contracts:
 
February 28, 2013
 
August 31, 2012
 
February 29, 2012
 
Purchase
Contracts
 
Sales
Contracts
 
Purchase
Contracts
 
Sales
Contracts
 
Purchase
Contracts
 
Sales
Contracts
 
(Units in thousands)
Grain and oilseed - bushels
605,309
 
906,758
 
722,895
 
1,074,535
 
550,564
 
803,266
Energy products - barrels
12,103
 
21,575
 
9,047
 
19,561
 
12,913
 
15,348
Soy products - tons
32
 
333
 
15
 
215
 
14
 
252
Crop nutrients - tons
1,553
 
2,128
 
600
 
725
 
1,461
 
1,703
Ocean and barge freight - metric tons
933
 
125
 
1,018
 
183
 
1,211
 
235
Schedule of Derivative Assets and Liabilities Not Designated as Hedging Instruments
As of February 28, 2013, August 31, 2012 and February 29, 2012, the gross fair values of our derivative assets and liabilities not designated as hedging instruments were as follows:
 
February 28, 2013
 
August 31, 2012
 
February 29, 2012
Derivative Assets:
 
 
 

 
 

Commodity and freight derivatives
$
485,219

 
$
1,070,800

 
$
456,153

Foreign exchange derivatives
15,500

 
978

 


 
$
500,719

 
$
1,071,778

 
$
456,153

Derivative Liabilities:
 
 
 

 
 

Commodity and freight derivatives
$
428,866

 
$
727,946

 
$
543,470

Foreign exchange derivatives
691

 
2,388

 
72

Interest rate derivatives
418

 
544

 
586

 
$
429,975

 
$
730,878

 
$
544,128
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
As of February 28, 2013, August 31, 2012 and February 29, 2012, the gross fair values of our derivative assets and liabilities designated as cash flow hedging instruments were as follows:
 
February 28, 2013
 
August 31, 2012
 
February 29, 2012
Derivative Assets:
 
 
 
 
 
Interest rate swaps
$
459

 

 
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]
During the second quarter of fiscal 2013, we entered into derivative contracts designated as cash flow hedging instruments that expire in fiscal 2014 with no amounts expected to be included in earnings during the next 12 months. As of February 28, 2013, August 31, 2012 and February 29, 2012, the unrealized gains deferred to accumulated other comprehensive loss were as follows:
 
February 28, 2013
 
August 31, 2012
 
February 29, 2012
Gains included in accumulated other comprehensive loss, net of tax expense of $0.2 million, $0 million and $0 million, respectively
$
284

 

 
Schedule of Derivative Instruments, Gain (Loss) in Consolidated Statements of Operations
The following table sets forth the pretax gains (losses) on derivatives not accounted for as hedging instruments that have been included in our Consolidated Statements of Operations for the three and six months ended February 28, 2013 and February 29, 2012.
 
 
 
For the Three Months Ended
 
For the Six Months Ended
 
Location of
Gain (Loss)
 
February 28, 2013
 
February 29, 2012
 
February 28, 2013
 
February 29, 2012
Commodity and freight derivatives
Cost of goods sold
 
$
(102,006
)
 
$
(188,280
)
 
$
(430,290
)
 
$
(274,901
)
Foreign exchange derivatives
Cost of goods sold
 
17,903

 
1,060

 
16,218

 
(4,384
)
Interest rate derivatives
Interest, net
 
64

 


 
126

 


 
 
 
$
(84,039
)
 
$
(187,220
)
 
$
(413,946
)
 
$
(279,285
)
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The estimated annual amortization expense related to intangible assets subject to amortization for the next five years is as follows:

Year 1
$
10,286

Year 2
6,658

Year 3
6,026

Year 4
5,517

Year 5
3,799

Thereafter
8,971

 
$
41,257