Quarterly report pursuant to sections 13 or 15(d)

7. COMMITMENTS AND CONTINGENCIES (Tables)

v2.4.0.6
7. COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2012
Commitments And Contingencies Tables  
Sales commitments

Sales Commitments – At June 30, 2012, the Company had entered into sales contracts with its major customers to sell certain quantities of ethanol and WDG. The volumes indicated in the indexed-price contracts table will be sold at publicly-indexed sales prices determined by market prices in effect on their respective transaction dates (in thousands):

 

      Fixed-Price
Contracts
 
 
Ethanol   $ 877  
WDG     1,932  
Total   $ 2,809  

 

    Indexed-Price
Contracts
(Volume)
 
Ethanol (gallons)     106,166  
         
WDG     46