v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities    
Net income (loss) $ (11,988,016) $ 4,090,396
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 7,810,615 1,982,056
Net (gain) loss recognized on derivative activities 43,390,483 (133,560)
Non-cash patronage dividends (192,165) (184,892)
Change in current operating assets and liabilities (121,716,836) (45,701,126)
Net cash (used in) provided by operating activities (82,758,258) (39,947,126)
Investing activities    
Increase in other assets (300,053) 0
Proceeds from sales of property and equipment 172,142 0
Purchase of property and equipment (14,873,678) (60,803,453)
Net cash used in investing activities (15,001,589) (60,803,453)
Financing activities    
Change in excess of outstanding checks over bank balances (3,435,292) (4,892,636)
Proceeds from (Repayments of) Lines of Credit 34,308,750 7,352,079
Distributions paid to members (8,516,920) (7,672,273)
Payments of Debt Issuance Costs (333,883) 0
Proceeds from long-term debt 76,973,868 76,037,177
Principal payments on long-term debt (3,250,000) (3,250,000)
Net cash provided by financing activities 95,746,523 67,574,347
Net change in cash and cash equivalents (2,013,324) (33,176,232)
Cash and cash equivalents, beginning of period 8,352,627 39,594,084
Cash and cash equivalents, end of period 6,339,303 6,417,852
Supplemental disclosures of cash flow information    
Interest 5,411,583 1,150,926
Soybean meal contributed as investment 0 366,112
Property and equipment included in accrued expenses and other long-term liabilities 3,877,286 14,886,599
Gain (Loss) on Disposition of Property Plant Equipment $ 62,339 $ 0