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Note 6 - Derivative Instruments and Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

	Quarter Ended										Year to Date Ended
	Classified		September 30, 2012				September 30, 2011				September 30, 2012				September 30, 2011
Commodity derivatives	Cost of sales		$	2,670			$	(1,016	)		$	2,204			$	1,680

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

		Amount of Gains (Losses) Recognized in OCI on Derivatives
		Quarter Ended								Year to Date Ended
Derivatives in Cash Flow Hedging Relationship		September 30, 2012				September 30, 2011				September 30, 2012				September 30, 2011
Commodity derivatives			-			$	(3,613	)		$	(286	)		$	(3,613	)

		Amount of Gains (Losses) Reclassified from AOCI into Earnings
		Quarter Ended								Year to Date Ended
Location of Losses Reclassified from AOCI into Income		September 30, 2012				September 30, 2011				September 30, 2012				September 30, 2011
Cost of sales			-			$	120			$	(413	)		$	120

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

								Fair Value Measurements
		Classified		Total				Level 1				Level 2				Level 3
September 30, 2012
Assets
Ethanol Derivatives		Derivative Assets		$	606			$	606			$	-			$	-

Liabilities
Corn Derivatives		Derivative Liabilities		$	(135	)		$	(135	)		$	-			$	-
Ethanol Derivatives		Derivative Liabilities		$	(13	)		$	(13	)		$	-			$	-

December 31, 2011
Assets
Corn Derivatives		Derivative Assets		$	1,091			$	1,091			$	-			$	-
Ethanol Derivatives		Derivative Assets		$	213			$	213			$	-			$	-


Liabilities
Corn Derivatives		Derivative Liabilities		$	(974	)		$	( 974	)		$	-			$	-
Ethanol Derivatives		Derivative Liabilities		$	(2,491	)		$	(2,491	)		$	-			$	-

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details