Commitments and Contingencies

3 Months Ended

Mar. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies.

Commitments

The Company has separate grain supply agreements to purchase its grain requirements for its Indiana and Atchison facilities, each with a single supplier. These grain supply agreements expire December 31, 2017.  At March 31, 2015, the Company had total commitments to purchase grain to be used in operations throughJune 2016 totaling$37,237.

The Company has commitments to purchase natural gas at fixed prices and various dates through December 2015.  The commitment for these contracts at March 31, 2015 totaled $12,190.

The Company has a supply contract for flour used in the production of protein and starch ingredients.  At March 31, 2015, the Company had purchase commitments aggregating $10,193 through December 2015.

As of the quarter ended March 31, 2015, the Company's purchase commitment to replace the dryers damaged at the Indiana facility in the January 2014 fire, excluding installation costs, was $5,489. Purchases against this commitment were $3,849 for the quarter ended March 31, 2015. As of March 31, 2015, the remainder of the dryer replacement commitment and other commitments to acquire capital assets totaled $2,890.

Contingencies

There are various legal proceedings involving the Company and its subsidiaries. Management believes that the aggregate liabilities, if any, arising from such actions would not have a material adverse effect on the consolidated financial position or overall trends in results of operations of the Company.