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Segment Reporting (Tables)
9 Months Ended
May 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information
Segment information for the three and nine months ended May 31, 2026 and 2025, is presented in the tables below.
EnergyGrainsAgronomyTotal Reportable SegmentsCorporate
and Services
Reconciling
Amounts
Total
Three Months Ended May 31, 2026(Dollars in thousands)
Revenues, including intersegment revenues$3,324,889 $5,663,682 $2,566,572 $11,555,143 $90,965 $(64,019)$11,582,089 
Intersegment revenues(16,910)(3,063)(308)(20,281)(43,738)64,019 — 
Revenues, net of intersegment revenues
$3,307,979 $5,660,619 $2,566,264 $11,534,862 $47,227 $— $11,582,089 
Cost of goods sold (a)3,203,359 5,612,504 2,334,384 11,150,247 21,222 — 11,171,469 
Marketing, general and administrative expenses94,766 99,727 83,242 277,735 24,548 — 302,283 
Interest expense(111)20,736 29,785 50,410 8,796 (9,481)49,725 
Other losses (income)51 (23,890)(4,376)(28,215)(3,041)9,481 (21,775)
Equity income from investments(185)(14,894)(151,815)(166,894)(34,932)— (201,826)
Income (loss) before income taxes$10,099 $(33,564)$275,044 $251,579 $30,634 $— $282,213 
Capital expenditures (b)$89,783 $43,433 $13,378 $146,594 $22,151 $— $168,745 
Depreciation and amortization$97,093 $46,337 $18,599 $162,029 $3,288 $— $165,317 
EnergyGrainsAgronomyTotal Reportable SegmentsCorporate
and Services
Reconciling
Amounts
Total
Three Months Ended May 31, 2025(Dollars in thousands)
Revenues, including intersegment revenues$1,917,878 $5,292,339 $2,514,360 $9,724,577 $86,835 $(44,991)$9,766,421 
Intersegment revenues(2,782)(38)(339)(3,159)(41,832)44,991 — 
Revenues, net of intersegment revenues
$1,915,096 $5,292,301 $2,514,021 $9,721,418 $45,003 $— $9,766,421 
Cost of goods sold (a)1,889,165 5,238,387 2,285,473 9,413,025 23,585 — 9,436,610 
Marketing, general and administrative expenses84,169 85,744 69,488 239,401 19,449 — 258,850 
Interest expense(1,025)19,678 27,812 46,465 4,579 (6,935)44,109 
Other income(427)(10,525)(16,774)(27,726)(6,607)6,935 (27,398)
Equity income from investments(271)(8,127)(99,373)(107,771)(96,834)— (204,605)
(Loss) income before income taxes$(56,515)$(32,856)$247,395 $158,024 $100,831 $— $258,855 
Capital expenditures (b)$295,131 $92,318 $16,351 $403,800 $433 $— $404,233 
Depreciation and amortization$87,645 $54,372 $15,585 $157,602 $1,768 $— $159,370 
(a) Cost of goods sold is presented net of intersegment cost of goods sold.
(b) Includes amounts related to acquisition of property, plant and equipment and expenditures for major maintenance.
EnergyGrainsAgronomyTotal Reportable SegmentsCorporate
and Services
Reconciling
Amounts
Total
Nine Months Ended May 31, 2026(Dollars in thousands)
Revenues, including intersegment revenues$7,802,993 $16,059,992 $4,837,683 $28,700,668 $267,738 $(168,422)$28,799,984 
Intersegment revenues(38,568)(6,931)(1,341)(46,840)(121,582)168,422 — 
Revenues, net of intersegment revenues
$7,764,425 $16,053,061 $4,836,342 $28,653,828 $146,156 $— $28,799,984 
Cost of goods sold (a)7,474,096 15,884,424 4,546,527 27,905,047 69,147 — 27,974,194 
Marketing, general and administrative expenses262,221 278,453 234,303 774,977 63,035 — 838,012 
Interest expense184 56,043 85,182 141,409 14,936 (25,512)130,833 
Other losses (income)405 (83,986)(21,166)(104,747)(12,353)25,512 (91,588)
Equity income from investments(1,285)(66,615)(308,860)(376,760)(64,131)— (440,891)
Income (loss) before income taxes$28,804 $(15,258)$300,356 $313,902 $75,522 $— $389,424 
Capital expenditures (b)$159,047 $154,535 $35,764 $349,346 $51,292 $— $400,638 
Depreciation and amortization$302,510 $138,147 $57,860 $498,517 $10,264 $— $508,781 
EnergyGrainsAgronomyTotal Reportable SegmentsCorporate
and Services
Reconciling
Amounts
Total
Nine Months Ended May 31, 2025(Dollars in thousands)
Revenues, including intersegment revenues$6,035,646 $15,947,564 $4,723,898 $26,707,108 $268,050 $(118,434)$26,856,724 
Intersegment revenues(9,238)(106)(734)(10,078)(108,356)118,434 — 
Revenues, net of intersegment revenues
$6,026,408 $15,947,458 $4,723,164 $26,697,030 $159,694 $— $26,856,724 
Cost of goods sold (a)5,911,503 15,629,652 4,416,731 25,957,886 92,036 — 26,049,922 
Marketing, general and administrative expenses246,097 264,817 202,939 713,853 56,115 — 769,968 
Interest expense(4,558)38,476 74,777 108,695 8,381 (20,114)96,962 
Other income(4,642)(55,141)(29,631)(89,414)(4,838)20,114 (74,138)
Equity income from investments(1,735)(56,097)(205,796)(263,628)(155,342)— (418,970)
(Loss) income before income taxes$(120,257)$125,751 $264,144 $269,638 $163,342 $— $432,980 
Capital expenditures (b)$466,863 $279,880 $56,198 $802,941 $4,594 $— $807,535 
Depreciation and amortization$260,894 $152,582 $43,371 $456,847 $5,235 $— $462,082 
(a) Cost of goods sold is presented net of intersegment cost of goods sold.
(b) Includes amounts related to acquisition of property, plant and equipment and expenditures for major maintenance.