Short Term Borrowings

9 Months Ended

May 31, 2012

Short Term Borrowings [Abstract]

Short Term Borrowings

5. Short term credit capacity as of May 31, 2012 totaled $95.4 million; $23.2 million has been borrowed from CoBank (the "Bank") and $26.2 million from the USDA Commodity Credit Corporation "CCC". That leaves the Company with a remaining short-term credit capacity totaling $46.0 million. The increase in seasonal debt from August 31, 2011 to May 31, 2012 is due to normal seasonal operations for a 1.95 million ton crop.

Source	Capacity (In Millions)		Utilized			Unused Capacity
Co-Bank	$	65.0	$	(23.2	)	$	41.8
CCC		30.4		(26.2	)		4.2
Total	$	95.4	$	(49.4	)	$	46.0