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Physical Commodities Inventory (Notes)
3 Months Ended
Dec. 31, 2014
Physical Commodities Inventory [Abstract]  
Inventory Disclosure [Text Block]
Physical Commodities Inventory
Physical commodities inventories are stated at the lower of cost or market (“LCM”) using the weighted-average price and first-in first-out cost method. Cost includes finished commodity or raw material and processing costs related to the purchase and processing of inventories. The carrying values of the Company’s inventory, which consist of all finished commodities inventory, are $45.1 million and $40.0 million as of December 31, 2014 and September 30, 2014, respectively.
As a result of the declining market prices of certain commodities, the Company has recorded LCM adjustments for physical commodities inventory of $0.8 million and $1.0 million as of December 31, 2014 and September 30, 2014, respectively. The adjustments are included in ‘cost of sales of physical commodities’ in the condensed consolidated income statements.