BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

Schedule Of Estimated Useful Life Of Fixed Assets [Table Text Block]

Depreciation for financial reporting purposes is provided using the straight-line method over the estimated useful lives of the assets:

	Estimated Useful Life
Building	10-25 years
Agricultural assets	8 years
Machinery and equipment	5-15 years
Vehicles	3-5 years

Schedule of Goodwill [Table Text Block]

Summary of changes in goodwill by reporting segments is as follows:

			Foreign
	Balance at		Currency		Balance at
Entity	June 30, 2012		Adjustment		June 30, 2013
Gufeng	$	5,075,809	$	108,950	$	5,184,759

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The components of basic and diluted earnings per share consist of the following:

	For the Years Ended June 30,
	2013		2012		2011
Net Income for Basic Earnings Per Share	$	44,774,048	$	41,957,825	$	32,914,101
Basic Weighted Average Number of Shares		27,775,964		26,943,530		25,929,517
Net Income per Share – Basic	$	1.61	$	1.56	$	1.27
Net Income for Diluted Earnings Per Share		44,774,048		41,957,825		32,914,101
Diluted Weighted Average Number of Shares		27,775,964		26,943,530		25,929,517
Net Income per Share – Diluted	$	1.61	$	1.56	$	1.27