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Notes Payable and Long-Term Debt (Tables)
12 Months Ended
Aug. 31, 2023
Debt Disclosure [Abstract]  
Schedule of notes payable Notes payable as of August 31, 2023 and 2022, consisted of the following:
Weighted-average Interest Rate
2023202220232022
 (Dollars in thousands)
Notes payable5.37%4.41%$375,932 $459,398 
CHS Capital notes payable4.24%1.34%171,991 147,321 
Total notes payable$547,923 $606,719 
Schedule of amounts included in long-term debt Amounts included in long-term debt on our Consolidated Balance Sheets as of August 31, 2023 and 2022, are presented in the table below:
20232022
(Dollars in thousands)
4.67% unsecured notes $130 million face amount, due in fiscal 2023
$— $130,000 
4.39% unsecured notes $152 million face amount, due in fiscal 2023
— 152,000 
3.85% unsecured notes $80 million face amount, due in fiscal 2025
80,000 80,000 
3.80% unsecured notes $100 million face amount, due in fiscal 2025
100,000 100,000 
4.58% unsecured notes $150 million face amount, due in fiscal 2025
150,000 150,000 
4.82% unsecured notes $80 million face amount, due in fiscal 2026
80,000 80,000 
4.69% unsecured notes $58 million face amount, due in fiscal 2027
58,000 58,000 
3.24% unsecured notes $95 million face amount, due in fiscal 2028
95,000 95,000 
4.74% unsecured notes $95 million face amount, due in fiscal 2028
95,000 95,000 
5.68% unsecured notes $150 million face amount, due in fiscal 2030
150,000 — 
3.48% unsecured notes $100 million face amount, due in fiscal 2031
100,000 100,000 
4.89% unsecured notes $100 million face amount, due in fiscal 2031
100,000 100,000 
3.58% unsecured notes $65 million face amount, due in fiscal 2033
65,000 65,000 
4.71% unsecured notes $100 million face amount, due in fiscal 2033
100,000 100,000 
3.73% unsecured notes $115 million face amount, due in fiscal 2036
115,000 115,000 
5.40% unsecured notes $125 million face amount, due in fiscal 2036
125,000 125,000 
Private placement debt1,413,000 1,545,000 
6.93% unsecured term loan from cooperative and other banks, due in fiscal 2026 (a)
366,000 366,000 
Term loan366,000 366,000 
Finance lease liabilities49,235 44,773 
Deferred financing costs(3,127)(3,535)
Other, including notes and contracts with interest rates from 4.0% to 9.0%
2,550 6,576 
Total long-term debt1,827,658 1,958,814 
Less current portion7,839 290,605 
Long-term portion$1,819,819 $1,668,209 
(a) Borrowings are variable under the agreement and bear interest at a base rate plus an applicable margin.
Schedule of minimum future payments Long-term debt outstanding as of August 31, 2023, has aggregate maturities, excluding fair value adjustments and finance leases (see Note 19, Leases, for a schedule of minimum future lease payments under finance leases), as follows:
 (Dollars in thousands)
2024$1,060 
2025330,187 
2026446,020 
202758,021 
2028190,000 
Thereafter755,000 
Total $1,780,288