Inventories

12 Months Ended

Dec. 31, 2018

Inventory, Net [Abstract]

Inventories

Inventories

Major classes of inventories are as follows:

	December 31,
(in thousands)	2018		2017
Grain	$	527,471	$	505,217
Ethanol and co-products	11,918		11,003
Plant nutrients and cob products	145,693		126,962
Railcar repair parts	5,722		5,521
	$	690,804	$	648,703

Grain inventories held in storage for others was de minimis as of December 31, 2018. Inventories on the Consolidated Balance Sheets at December 31, 2017 do not include 1.0 million bushels of grain held in storage for others. The Company does not have title to the grain and is only liable for any deficiencies in grade or shortage of quantity that may arise during the storage period. Management has not experienced historical losses on any deficiencies and does not anticipate material losses in the future.