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Derivative Financial Instruments and Hedging Activities (Tables)
 6 Months Ended
Feb. 28, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Reconciliation of gross and net fair values of assets and liabilities subject to offsetting arrangements
February 28, 2025
Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting
Gross Amount RecognizedCash CollateralDerivative InstrumentsNet Amount
Derivative assets(Dollars in thousands)
Commodity derivatives$170,511 $— $750 $169,761 
Foreign exchange derivatives19,978 — 16,138 3,840 
Total$190,489 $— $16,888 $173,601 
Derivative liabilities
Commodity derivatives$177,591 $550 $750 $176,291 
Foreign exchange derivatives30,731 — 16,138 14,593 
Total$208,322 $550 $16,888 $190,884 
August 31, 2024
Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting
Gross Amount RecognizedCash CollateralDerivative InstrumentsNet Amount
Derivative assets(Dollars in thousands)
Commodity derivatives$165,709 $— $2,522 $163,187 
Foreign exchange derivatives9,029 — 7,100 1,929 
Total$174,738 $— $9,622 $165,116 
Derivative liabilities
Commodity derivatives$221,803 $1,601 $2,522 $217,680 
Foreign exchange derivatives24,476 — 7,100 17,376 
Total$246,279 $1,601 $9,622 $235,056 
Derivatives Not Designated as Hedging Instruments The following table sets forth the pretax gains (losses) on derivatives not accounted for as hedging instruments that have been included in our Condensed Consolidated Statements of Operations for the three and six months ended February 28, 2025, and February 29, 2024:
Three Months EndedSix Months Ended
Location of Gain (Loss)February 28, 2025February 29, 2024February 28, 2025February 29, 2024
(Dollars in thousands)
Commodity derivativesCost of goods sold$(22,912)$30,703 $49,544 $38,887 
Foreign exchange derivativesCost of goods sold12,851 (1,001)4,010 (5,608)
Foreign exchange derivativesMarketing, general and administrative expenses2,191 (849)(68)(29)
Total$(7,870)$28,853 $53,486 $33,250 
Schedule of Derivative Instruments, Purchase and Sales Contracts all outstanding commodity contracts:
 February 28, 2025August 31, 2024
LongShortLongShort
 (Units in thousands)
Grain and oilseed (bushels)514,479 960,135 385,426517,883
Energy products (barrels)5,757 6,389 8,4385,014
Processed grain and oilseed (tons)838 2,173 3,6006,193
Crop nutrients (tons)8 42 7314
Natural gas (metric million Btu)— — 2,350500
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value The following table presents the fair value of our commodity derivative instruments designated as cash flow hedges and the locations on our Condensed Consolidated Balance Sheets in which they are recorded:
Derivative AssetsDerivative Liabilities
Balance Sheet LocationFebruary 28,
2025		August 31,
2024		Balance Sheet LocationFebruary 28,
2025		August 31,
2024
(Dollars in thousands)(Dollars in thousands)
Other current assets$5,438 $5,226 Other current liabilities$1,164 $2,781 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) The following table presents the pretax gains relating to our existing cash flow hedges that were reclassified from accumulated other comprehensive loss into our Condensed Consolidated Statements of Operations for the three and six months ended February 28, 2025, and February 29, 2024:
Three Months EndedSix Months Ended
Location of GainFebruary 28, 2025February 29, 2024February 28, 2025February 29, 2024
  (Dollars in thousands)
Commodity derivativesCost of goods sold$3,568 $2,585 $8,097 $10,667 
Cash flow hedge gain (loss) recorded in other comprehensive income The following table presents the pretax gains recorded in other comprehensive income relating to cash flow hedges for the three and six months ended February 28, 2025, and February 29, 2024:
Three Months EndedSix Months Ended
February 28,
2025		February 29,
2024		February 28,
2025		February 29,
2024
 (Dollars in thousands)
Commodity derivatives$6 $7,932 $1,829 $1,622