The Andersons, Inc. (ANDE) 10-K 19 Feb 25 2024 FY Annual report Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Feb. 07, 2025	Jun. 30, 2024
Cover [Abstract]
Entity Small Business	false
Title of 12(b) Security	Common stock, $0.00 par value, $0.01 stated value
Document Transition Report	false
Document Annual Report	true
Entity File Number	000-20557
Local Phone Number	893-5050
City Area Code	419
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Document Type	10-K
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Entity Public Float			$ 1,621.2
Entity Registrant Name	THE ANDERSONS, INC.
Current Fiscal Year End Date	FY
Entity Central Index Key	0000821026
Amendment Flag	false
Document Period End Date	Dec. 31, 2024
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		34,028,010
Entity Incorporation, State or Country Code	OH
Entity Tax Identification Number	34-1562374
Entity Address, Address Line One	1947 Briarfield Boulevard
Entity Address, City or Town	Maumee
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	43537
Trading Symbol	ANDE
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false
Documents Incorporated by Reference	Portions of the Proxy Statement for the Annual Meeting of Shareholders to be held on May 8, 2025, are incorporated by reference into Part III (Items 10, 11, 12, 13 and 14) of this Annual Report on Form 10-K. The Proxy Statement will be filed with the Commission within 120 days after the end of the fiscal year to which this report relates.
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Document Financial Statement Error Correction [Flag]	false

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2024
Audit Information [Abstract]
Auditor Name	Deloitte & Touche LLP
Auditor Location	Cleveland, Ohio
Auditor Firm ID	34

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Sales and merchandising revenues	$ 11,257,548	$ 14,750,112	$ 17,325,384
Cost of sales and merchandising revenues	10,563,622	14,004,749	16,641,220
Gross profit	693,926	745,363	684,164
Operating, administrative and general expenses	503,620	492,260	457,556
Asset impairment	0	87,156	9,000
Interest expense, net	31,760	46,867	56,849
Other income, net	42,211	50,483	33,823
Income before income taxes from continuing operations	200,757	169,563	194,582
Income tax provision from continuing operations	30,057	37,034	39,628
Net income from continuing operations	170,700	132,529	154,954
Income from discontinued operations, net of income taxes	0	0	12,025
Net income	170,700	132,529	166,979
Net income attributable to noncontrolling interests	56,688	31,339	35,899
Net income attributable to The Andersons, Inc.	$ 114,012	$ 101,190	$ 131,080
Average number of shares outstanding – basic	34,032	33,718	33,731
Average number of shares outstanding – diluted	34,322	34,382	34,422
Basic earnings:
Continuing operations (in dollars per share)	$ 3.35	$ 3	$ 3.53
Discontinued operations (in dollars per share)	0	0	0.36
Basic earnings (in dollars per share)	3.35	3	3.89
Diluted earnings:
Continuing operations (in dollars per share)	3.32	2.94	3.46
Discontinued operations (in dollars per share)	0	0	0.35
Diluted earnings (in dollars per share)	$ 3.32	$ 2.94	$ 3.81

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 170,700	$ 132,529	$ 166,979
Other comprehensive income (loss), net of tax:
Change in unrecognized actuarial gain and prior service cost	22	(680)	4,243
Foreign currency translation adjustments	(10,888)	5,622	(13,834)
Cash flow hedge activity	586	(2,561)	28,881
Other comprehensive (loss) income	(10,280)	2,381	19,290
Comprehensive income	160,420	134,910	186,269
Net income attributable to the noncontrolling interest	56,688	31,339	35,899
Cash flow hedge activity attributable to the noncontrolling interest	75	0	0
Comprehensive income attributable to the noncontrolling interests	56,763	31,339	35,899
Comprehensive income attributable to The Andersons, Inc.	$ 103,657	$ 103,571	$ 150,370

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 561,771	$ 643,854
Accounts receivable, less allowance for doubtful accounts of $48,325 in 2024; $35,939 in 2023	764,550	762,549
Inventories	1,286,811	1,166,700
Commodity derivative assets – current	148,801	178,083
Other current assets	88,344	55,777
Total current assets	2,850,277	2,806,963
Other assets:
Goodwill	127,856	127,856
Other intangible assets, net	69,345	85,579
Right of use assets, net	104,630	54,234
Other assets	101,055	87,010
Total other assets	402,886	354,679
Property, plant and equipment, net	868,151	693,365
Total assets	4,121,314	3,855,007
Current liabilities:
Short-term debt	166,614	43,106
Trade and other payables	1,047,436	1,055,473
Customer prepayments and deferred revenue	194,025	187,054
Commodity derivative liabilities – current	59,766	90,849
Current maturities of long-term debt	36,139	27,561
Accrued expenses and other current liabilities	227,192	232,288
Total current liabilities	1,731,172	1,636,331
Long-term lease liabilities	65,312	31,659
Long-term debt, less current maturities	608,151	562,960
Deferred income taxes	55,005	58,581
Other long-term liabilities	61,838	49,089
Total liabilities	2,521,478	2,338,620
Commitments and contingencies (Note 14)
Shareholders’ equity:
Common shares, without par value (63,000 shares authorized; 34,083 shares issued in 2024 and 34,064 in 2023)	142	142
Preferred shares, without par value (1,000 shares authorized; none issued)	0	0
Additional paid-in capital	385,609	387,210
Treasury shares, at cost (70 shares in 2024; 270 in 2023)	(2,860)	(10,261)
Accumulated other comprehensive income	12,585	22,865
Retained earnings	970,710	882,943
Total shareholders’ equity of The Andersons, Inc.	1,366,186	1,282,899
Noncontrolling interests	233,650	233,488
Total equity	1,599,836	1,516,387
Total liabilities and equity	$ 4,121,314	$ 3,855,007
Common Stock, Shares, Issued	34,083,000	34,064,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Allowance for credit loss	$ 48,325	$ 35,939
Common shares, shares authorized (shares)	63,000,000	63,000,000
Common shares, shares issued (shares)	34,083,000	34,064,000
Preferred shares, shares authorized (shares)	1,000,000	1,000,000
Preferred shares, shares issued (shares)	0	0
Treasury shares, at cost (shares)	70,000	270,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Operating Activities
Income (loss) before income taxes from continuing operations	$ 170,700	$ 132,529	$ 154,954
Income from discontinued operations, net of income taxes	0	0	12,025
Net income	170,700	132,529	166,979
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	127,804	125,106	134,742
Bad debt expense, net	17,637	11,519	6,001
Stock-based compensation expense	13,629	12,857	11,192
Deferred federal income tax	(2,911)	(1,596)	(20,009)
Asset impairment	0	87,156	11,818
Gain on sale of business from discontinued operations	0	0	(27,091)
Damaged inventory	0	0	17,328
Other	(3,595)	(16,341)	14,073
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed:
Accounts and notes receivable	35,777	468,968	(391,403)
Inventories	87,906	572,235	56,859
Commodity derivatives	15,005	111,506	65,399
Other current and non-current assets	(28,050)	6,529	10,936
Payables and other current and non-current liabilities	(102,396)	(563,718)	230,293
Net cash provided by operating activities	331,506	946,750	287,117
Investing Activities
Acquisition of businesses, net of cash acquired	(29,172)	(24,698)	(20,245)
Purchases of property, plant and equipment and capitalized software	(149,187)	(150,443)	(108,284)
Property insurance proceeds	12,137	7,499	3,999
Proceeds from sale of business	0	10,318	5,171
Proceeds from sale of Rail assets	0	2,871	36,706
Proceeds from sale of business from discontinued operations	0	0	56,302
Purchases of Rail assets	0	0	(31,458)
Other	3,148	574	4,907
Net cash used in investing activities	(163,074)	(153,879)	(52,902)
Financing Activities
Net (payments) receipts under short-term lines of credit	(91,951)	(233,696)	(21,273)
Payments of long-term debt	(83,589)	(49,620)	(30,045)
Distributions to noncontrolling interest owner	(102,295)	(46,418)	(44,910)
Dividends paid	(26,273)	(25,373)	(24,609)
Value of shares withheld for taxes	8,105	6,630	3,381
Common stock repurchased	(2,295)	(1,747)	(12,721)
Proceeds from issuance of long-term debt	67,000	100,000	0
Payments of debt issuance costs	(2,851)	0	0
Proceeds from issuance of short-term debt	0	0	350,000
Payments of short-term debt	0	0	(550,000)
Other	0	(509)	2,209
Net cash used in financing activities	(250,359)	(263,993)	(334,730)
Effect of exchange rates on cash and cash equivalents	(156)	(293)	(660)
Increase (decrease) in Cash and cash equivalents	(82,083)	528,585	(101,175)
Cash and cash equivalents at beginning of year	643,854	115,269	216,444
Cash and cash equivalents at end of year	$ 561,771	$ 643,854	$ 115,269

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Shares	Additional Paid-in Capital	Treasury Shares	Accumulated Other Comprehensive Income	Retained Earnings	Noncontrolling Interests
Beginning Balance at Dec. 31, 2021	$ 1,307,704	$ 140	$ 368,595	$ (263)	$ 1,194	$ 702,759	$ 235,279
Increase (Decrease) in Stockholders' Equity
Net income (loss)	166,979					131,080	35,899
Other comprehensive income	19,212				19,212
Amounts reclassified from Accumulated other comprehensive income (loss)	78				78
Contributions from noncontrolling interests	4,900						4,900
Distributions to noncontrolling interests	(44,910)						(44,910)
Stock awards, stock option exercises and other shares issued to employees and directors, net of income tax	$ 14,204	2	16,598	(2,396)
Purchase of treasury shares (in shares)	384
Purchase of treasury shares	$ (12,721)			(12,721)
Dividends declared	(24,441)					(24,441)
Restricted share award dividend equivalents	(1,236)		55	337		(1,628)
Ending Balance at Dec. 31, 2022	1,429,769	142	385,248	(15,043)	20,484	807,770	231,168
Increase (Decrease) in Stockholders' Equity
Net income (loss)	132,529					101,190	31,339
Other comprehensive income	13,424				13,424
Amounts reclassified from Accumulated other comprehensive income (loss)	(11,043)				(11,043)
Distributions to noncontrolling interests	(46,418)						(46,418)
Noncontrolling interests recognized in a business combination	17,399						17,399
Stock awards, stock option exercises and other shares issued to employees and directors, net of income tax	$ 7,703		1,339	6,364
Purchase of treasury shares (in shares)	51
Purchase of treasury shares	$ (1,747)			(1,747)
Dividends declared	(25,150)					(25,150)
Restricted share award dividend equivalents	(79)		623	165		(867)
Ending Balance at Dec. 31, 2023	1,516,387	142	387,210	(10,261)	22,865	882,943	233,488
Increase (Decrease) in Stockholders' Equity
Net income (loss)	170,700					114,012	56,688
Other comprehensive income	3,553				3,553
Amounts reclassified from Accumulated other comprehensive income (loss)	(13,833)				(13,833)
Distributions to noncontrolling interests	(102,295)						(102,295)
Noncontrolling interests recognized in a business combination	45,769						45,769
Stock awards, stock option exercises and other shares issued to employees and directors, net of income tax	$ 7,326		(2,308)	9,634
Purchase of treasury shares (in shares)	58
Purchase of treasury shares	$ (2,295)			(2,295)
Dividends declared	(26,056)					(26,056)
Restricted share award dividend equivalents	580		707	62		(189)
Ending Balance at Dec. 31, 2024	$ 1,599,836	$ 142	$ 385,609	$ (2,860)	$ 12,585	$ 970,710	$ 233,650

Consolidated Statements of Eq_2

Consolidated Statements of Equity (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]
Stock awards, stock option exercises and other shares issued to employees and directors, tax	$ 0	$ 0	$ 0
Number Of Common Shares Issued For Cash	258	227	51
Purchase of treasury shares (in shares)	58	51	384
Dividends declared, per common share (in dollars per share)	$ 0.765	$ 0.745	$ 0.725

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Consolidation These Consolidated Financial Statements include the accounts of The Andersons, Inc. and its wholly owned and controlled subsidiaries (the “Company”). All intercompany accounts and transactions are eliminated in consolidation. Investments in unconsolidated entities in which the Company has significant influence, but not control, are accounted for using the equity method of accounting. In 2021, The Company executed a definitive agreement to sell the Rail Leasing business. In conjunction with the sale of the Rail Leasing business, the Company announced its intent to divest the remainder of the Rail business which it successfully sold in the third quarter of 2022. These transactions effectively constitute the entirety of what has historically been included in the Rail reportable segment. Therefore, the associated operating results, net of income tax, have been classified as discontinued operations in the accompanying Consolidated Statements of Operations for all periods presented. The Company consolidates any VIE of which it is the primary beneficiary. The typical condition for a controlling financial interest ownership is holding a majority of the voting interests of an entity; however, a controlling financial interest may also exist in entities, such as VIEs, through arrangements that do not involve controlling voting interests. A variable interest holder is required to consolidate a VIE if that party has the power to direct the activities of the VIE that most significantly impact the VIE's economic performance and the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. The Company does not consolidate a VIE in which it has a majority ownership interest when the Company is not considered the primary beneficiary. The Company evaluates its relationships with the VIEs on an ongoing basis to determine if it is the primary beneficiary. The Company's Condensed Consolidated Financial Statements include the assets, liabilities and results of operations of VIEs for which the Company is deemed to be the primary beneficiary. The other equity holders’ interests are reflected in "Net income attributable to noncontrolling interests" in the Condensed Consolidated Statements of Operations and "Noncontrolling interests" in the Condensed Consolidated Balance Sheets. On October 1, 2019, the Company formed TAMH with Marathon for the primary purpose of producing ethanol and additional co-products such as dried distillers grains and corn oil. TAMH has plants located in Iowa, Indiana, Michigan, and Ohio. The plants have a combined nameplate production capacity of 405 million gallons of ethanol but have a history of outperforming the nameplate capacity. The Company owns 50.1% of TAMH's common units and management has determined that TAMH is a VIE in which the Company is the primary beneficiary. Accordingly, TAMH is consolidated within the Company’s Consolidated Financial Statements and records noncontrolling interest for the share of the entity owned by Marathon. ELEMENT was structured as a limited liability company which began operations in 2019 for the primary purpose of producing ethanol and additional co-products such as dried distillers grain and corn oil. The Company held 51% of the membership units and the Company had acted as the manager of the facility. As a result, ELEMENT was concluded to be a VIE in which the Company was the primary beneficiary and had been consolidated within the Company’s Consolidated Financial Statements. On April 18, 2023, ELEMENT was placed into receivership and a receiver was appointed, which took possession and control of the rights and interests of ELEMENT. With this appointment, while retaining its investment in ELEMENT, the Company ceased to have a controlling financial interest and was no longer deemed to be the primary beneficiary in the subsidiary. Accordingly, the Company deconsolidated ELEMENT at that time and began accounting for the subsidiary as an equity method investment. Operating results from January 1, 2023, to April 18, 2023, and the year ended December 31, 2022, are included within the Consolidated Statements of Operations. The creditors of the consolidated VIEs do not have recourse to the Company other than to the assets of the consolidated VIEs. The following table summarizes the carrying amounts of the assets and liabilities of TAMH, the Company's only consolidated VIE for the periods presented in the Company’s Condensed Consolidated Balance Sheets: (In thousands) December 31, December 31, Assets Current assets: Cash and cash equivalents $ 47,408 $ 153,258 Accounts receivable, net 20,574 9,324 Inventories 78,221 61,270 Other current assets 4,994 6,844 Total current assets 151,197 230,696 Property, plant and equipment, net 269,918 270,379 Other assets, net 22,315 25,434 Total assets $ 443,430 $ 526,509 Liabilities Current liabilities $ 48,204 $ 51,020 Long-term liabilities 9,109 12,010 Total liabilities $ 57,313 $ 63,030 Use of Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents Cash and cash equivalents include cash and short-term investments with an initial maturity of three months or less. The carrying values of these assets approximate their fair values. Accounts Receivable and Allowance for Doubtful Accounts Trade accounts receivable are recorded at the invoiced amount and may bear interest if past due. The allowance for doubtful accounts is the best estimate of the current expected credit losses in existing accounts receivable and is reviewed quarterly. The allowance is based both on specific identification of potentially uncollectible accounts and the application of a consistent policy, based on historical experience, to estimate the allowance necessary for the remaining accounts receivable. For those customers that are thought to be at higher risk, the Company makes assumptions as to collectability based on past history and facts about the current situation. Account balances are charged off against the allowance when it becomes more certain that the receivable will not be recovered. The Company manages its exposure to counterparty credit risk through credit analysis and approvals, credit limits and monitoring procedures. We utilize factoring arrangements with third-party financial institutions for certain of our trade accounts receivables in order to extend terms for the customer while we benefit from accelerated collections to manage working capital levels more effectively. These arrangements are on a non-recourse basis and are accounted for as sales and all changes in account receivables and cash proceeds are included in Cash provided by operating activities within the Consolidated Statements of Cash Flows. The third-party financial institutions collect payment for the sold receivables and the Company has no continuing involvement with such receivables. Receivables are considered sold when they are transferred beyond the reach of the Company and its creditors, the purchaser has the right to pledge or exchange the receivables, and we have surrendered control over the transferred receivables. During the fiscal years 2024 and 2023 we sold, without recourse $201.7 million and $311.6 million of accounts receivable, respectively. Factoring fees were $4.9 million, $4.5 million, and $2.1 million during fiscal years 2024, 2023, and 2022, respectively, and were included in Operating, administrative, and general expenses within the Consolidated Statements of Operations. Commodity Derivatives and Inventories The Company's operating results can be affected by changes to commodity prices. The Trade and Renewables businesses have established “unhedged” position limits (the amount of a commodity, either owned or contracted for, that does not have an offsetting derivative contract to mitigate the price risk associated with those contracts and inventory). To reduce the exposure to market price risk on commodities owned and forward commodity and ethanol purchase and sale contracts, the Company enters into exchange traded commodity futures and options contracts and over-the-counter forward and option contracts with various counterparties. The forward purchase and sale contracts are for physical delivery of the commodity in a future period. Contracts to purchase commodities from producers generally relate to the current or future crop years for delivery periods quoted by regulated commodity exchanges. Contracts for the sale of commodities to processors or other commercial consumers generally do not extend beyond one year. The Company accounts for its commodity derivatives at fair value. The estimated fair value of the commodity derivative contracts that require the receipt or posting of cash collateral is recorded on a net basis (offset against cash collateral posted or received, also known as margin deposits) within commodity derivative assets or liabilities. Management determines fair value based on exchange-quoted prices and in the case of its forward purchase and sale contracts, fair value is adjusted for differences in local markets and non-performance risk. While the Company considers certain of its commodity contracts to be effective economic hedges, the Company does not designate or account for its commodity contracts as hedges. Realized and unrealized gains and losses in the value of commodity contracts (whether due to changes in commodity prices, changes in performance or credit risk, or due to sale, maturity or extinguishment of the commodity contract) and commodity inventories are included in Cost of sales and merchandising revenues in the Consolidated Statements of Operations. Additional information about the fair value of the Company's commodity derivatives is presented in Notes 5 and 10 to the Consolidated Financial Statements. Readily Marketable Inventories, which are grain and other agricultural commodities, may be acquired under provisionally priced contracts, are stated at their net realizable value, which approximates estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. At times the Company holds a portion of RMI within its facilities for others. Our storage facilities are licensed warehouses and must be bonded and insured for its capacity under license and is obligated to return to the title holder of the RMI an equal quantity and quality. The Company does not have title to the inventory and is only liable for any deficiencies in grade or shortage of quantity that may arise during the storage period. Management has not experienced historical losses with regard to any deficiencies and does not anticipate material losses in the future. All other inventories are stated at the lower of cost or net realizable value. Cost is determined by the average cost method. Additional information about inventories is presented in Note 2 to the Consolidated Financial Statements. Derivatives - Master Netting Arrangements Generally accepted accounting principles permit a party to a master netting arrangement to offset fair value amounts recognized for derivative instruments against the right to reclaim cash collateral or obligation to return cash collateral under the same master netting arrangement. The Company has master netting arrangements for its exchange traded futures and options contracts and certain over-the-counter contracts. When the Company enters into a futures, options or an over-the-counter contract, an initial margin deposit may be required by the counterparty. The amount of the margin deposit varies by commodity. If the market price of a futures, option or an over-the-counter contract moves in a direction that is adverse to the Company's position, an additional margin deposit, called a maintenance margin, is required. The Company nets, by counterparty, its futures and over-the-counter positions against the cash collateral provided or received. The margin deposit assets and liabilities are included in short-term commodity derivative assets or liabilities, as appropriate, in the Consolidated Balance Sheets. Additional information about the Company's master netting arrangements is presented in Note 5 to the Consolidated Financial Statements. Derivatives - Interest Rate and Foreign Currency Contracts The Company periodically enters into interest rate contracts to manage interest rate risk on borrowing or financing activities. The Company has long-term interest rate swaps that expire from 2025 to 2031 recorded within the Consolidated Balance Sheets in either other current assets or liabilities (if short-term in nature) or in other assets or other long-term liabilities (if non-current in nature) and have been designated as cash flow hedges; accordingly, changes in the fair value of the instruments are recognized in Other comprehensive income in the Consolidated Balance Sheets. While the Company considers all of its derivative positions to be effective economic hedges of specified risks, these interest rate contracts for which hedge accounting is not applied are recorded on the Consolidated Balance Sheets in either other current assets or liabilities (if short-term in nature) or in other assets or other long-term liabilities (if non-current in nature), and changes in fair value are recognized in current earnings as interest expense. When interest rate derivatives are settled prior to maturity, the gain or loss is recognized in Other income, net within the Consolidated Statements of Operations. Information regarding the nature and terms of the Company's interest rate derivatives is presented in Note 5 to the Consolidated Financial Statements. Property, Plant and Equipment Property, plant and equipment is recorded at cost. Repairs and maintenance costs are charged to expense as incurred, while betterments that extend useful lives are capitalized. Depreciation is provided over the estimated useful lives of the individual assets, by the straight-line method. Estimated useful lives are generally as follows: land improvements - 16 years; leasehold improvements - the shorter of the lease term or the estimated useful life of the improvement, ranging from 3 to 20 years; buildings and storage facilities - 10 to 40 years; and machinery and equipment - 3 to 20 years. The cost of assets retired or otherwise disposed of, and the accumulated depreciation thereon are removed from the accounts, with any gain or loss realized upon sale recorded in Other income, net within the Consolidated Statements of Operations. Additional information regarding the Company's property, plant and equipment is presented in Note 3 to the Consolidated Financial Statements. Deferred Debt Issuance Costs Costs associated with the issuance of term debt are deferred and recorded net with debt. Costs associated with revolving credit agreements are recorded as a deferred asset. These costs are amortized, as a component of interest expense, over the earlier of the stated term of the debt or the period from the issue date through the first early payoff date without penalty, or the expected payoff date if the loan does not contain a prepayment penalty. Deferred costs associated with the borrowing arrangement with a syndication of banks are amortized over the term of the agreement. Goodwill and Intangible Assets Goodwill is subject to an annual impairment test or more often when events or circumstances indicate that the carrying amount of goodwill may be impaired. A goodwill impairment loss is recognized to the extent the carrying amount of goodwill exceeds the business enterprise value. Additional information about the Company's goodwill and other intangible assets is presented in Note 16 to the Consolidated Financial Statements. Acquired intangible assets are recorded at cost, less accumulated amortization, if not indefinite lived. In addition, we capitalize the salaries and payroll-related costs of employees and consultants who devote time to the development of internal-use software projects. If a project constitutes an enhancement to previously developed software, we assess whether the enhancement is significant and creates additional functionality to the software, thus qualifying the work incurred for capitalization. Once a project is complete, we estimate the useful life of the internal-use software. Changes in our estimates related to internal-use software would increase or decrease operating expenses or amortization recorded during the period. Amortization of intangible assets is provided over their estimated useful lives (generally 1 to 10 years) using the straight-line method. Impairment of Long-lived Assets and Equity Method Investments Long-lived assets, including intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of assets to be held and used is measured by comparing the carrying amount of the assets to the undiscounted future net cash flows the Company expects to generate with the assets. If such assets are considered to be impaired, the Company recognizes an impairment loss for the amount by which the carrying amount of the assets exceeds the fair value of the assets. The Company reviews its equity method investments to determine whether there has been a decline in the estimated fair value of the investment that is below the Company's carrying value which is other-than-temporary. Other than consideration of past and current performance, these reviews take into account forecasted earnings which are based on management's estimates of future performance. Provisionally Priced Commodity Contracts Accounts payable includes certain amounts related to commodity purchases for which, even though the Company has taken ownership and possession of the commodity, the final purchase price has not been fully established. If the futures and basis components are unpriced, it is referred to as a delayed price payable. If the futures component has not been established, but the basis has been set, it is referred to as a basis payable. The unpriced portion of these payables will be exposed to changes in the fair value of the underlying commodity based on quoted prices on commodity exchanges (or basis levels). Those payables that are fully priced are not considered derivative instruments. The Company also enters into contracts with customers for risk management purposes that allow the customers to effectively unprice the futures component of their inventory for a period of time, subjecting the commodities to market fluctuations. The Company records an asset or liability for the market value changes of the commodities over the life of the contracts based on quoted exchange prices. See Note 10 for additional discussion on these instruments. Business Interruption Insurance The Company recorded $19.4 million and $12.5 million in business interruption insurance recoveries for the years ended December 31, 2024, and 2023, respectively. These recoveries were mainly due to a prior period collapse of grain bins in Delphi, Indiana, and a prior period incident at the Company's leased port facility in Texas. As a result of the disruptions, the Trade segment incurred incremental costs and lost sales as the locations were unable to handle grain. The proceeds from these business interruption claims were included within Cost of sales and merchandising revenues in the Consolidated Statements of Operations and in Cash provided by operating activities in the Consolidated Statements of Cash Flows. Foreign Currency Translation and Transactions Some of the Company’s foreign subsidiaries use their local currency as their functional currency. Assets and liabilities of such subsidiaries are translated from the local functional currency into U.S. Dollars at the exchange rate on the balance sheet date and revenue and expenses are translated at the average exchange rate for the period. The Company records adjustments resulting from the translation of financial statements denominated in a foreign currency as a component of Accumulated other comprehensive income within the Consolidated Balance Sheets. Transaction gains and losses related to operating assets and liabilities are included in Cost of sales and merchandising revenues in the accompanying Consolidated Statements of Operations. Net foreign currency transaction losses related to operating assets and liabilities were de minimis for the year ended December 31, 2024. The Company recorded net foreign currency transaction losses of $29.5 million in the year ended December 31, 2023 and net foreign currency transaction gains of $3.1 million for the year ended December 31, 2022. The vast majority of the foreign currency transaction losses for the year ended December 31, 2023, were related to currency liquidity issues in Egypt. Due to foreign currency challenges in Egypt, the Company made an exception to its normal practice regarding sales into the Middle East and North Africa, allowing customers to make payments in Egyptian pounds on receivables originally contracted in U.S. dollars. Based on the information available at the time, management expected to be able to convert the local currency to U.S. dollars within a relatively short timeframe and was able to use non-deliverable forward currency hedges to manage the foreign currency exposure through part of the year. As geopolitical instability and currency liquidity challenges continued to grow in the region, the non-deliverable forward currency hedges ceased to be effective, and management made the decision to limit losses and accept a lower exchange rate on these receivables. Stock-Based Compensation Stock-based compensation expense for all stock-based compensation awards is based on the estimated grant-date fair value. The Company recognizes these compensation costs on a straight-line basis over the requisite service period of the award, adjusted for revisions to performance expectations. Additional information about the Company's stock compensation plans is presented in Note 15 to the Consolidated Financial Statements. Per Share Data We present both basic and diluted earnings per share amounts from continuing operations and discontinued operations attributable to the Company's shareholders. Basic earnings per common share are determined by dividing net earnings attributable to controlling interests by the weighted-average number of common shares outstanding. In computing diluted earnings per share, average number of common shares outstanding is increased by unvested stock awards and common stock options outstanding with exercise prices lower than the average market price of common shares using the treasury share method. Revenue Recognition The Company’s revenue consists of sales from commodity contracts that are accounted for under ASC 815, Derivatives and Hedging ("ASC 815"), and sales of other products and services that are accounted for under ASC 606, Revenue from Contracts with Customers ("ASC 606"). Revenue from commodity contracts (ASC 815) Revenue from commodity contracts primarily relates to forward sales of commodities in the Company’s Trade and Renewables segments, such as corn, soybeans, wheat, oats, ethanol, and corn oil, which are accounted for as derivatives at fair value under ASC 815. These forward sales meet the definition of a derivative under ASC 815 as they have an underlying (e.g., the price of corn), a notional amount (e.g., metric tons), no initial net investment and can be net settled since the commodity is readily convertible to cash. The Company does not apply the normal purchase and normal sale exception available under ASC 815 to these contracts. Revenue from commodity contracts is recognized in Sales and merchandising revenues for the contractually stated amount when the contracts are settled. Settlement of the commodity contracts generally occurs upon shipment or delivery of the product, when title and risks and rewards of ownership transfers to the customer. Prior to settlement, these forward sales contracts are recognized at fair value with the unrealized gains or losses recorded within Cost of sales and merchandising revenues. Additional information about the fair value of the Company's commodity derivatives is presented in Notes 5 and 10 to the Consolidated Financial Statements. There are certain transactions that allow for pricing to occur after title of the goods has passed to the customer. In these cases, the Company continues to report the goods in inventory until it recognizes the sales revenue once the price has been determined. Direct ship commodity sales (where the Company never takes physical possession of the commodity) are recognized based on the terms of the contract. Certain of the Company's operations provide for customer billings, deposits or prepayments for product that is stored at the Company's facilities. The sales and gross profit related to these transactions are not recognized until the product is shipped in accordance with the previously stated revenue recognition policy and these amounts are classified in the Consolidated Balance Sheets as a current liability titled “Customer prepayments and deferred revenue”. Revenue from contracts with customers (ASC 606) Information regarding our revenue from contracts with customers accounted for under ASC 606 is presented in Note 7 to the Consolidated Financial Statements. The Company recognizes revenue from these contracts at a point in time when it satisfies a performance obligation by transferring control of a product to a customer, generally when legal title and risks and rewards of ownership transfer to the customer. Income Taxes Income tax expense for each period includes current tax expense plus deferred expense, which is related to the change in deferred income tax assets and liabilities. Deferred income taxes are provided for temporary differences between the financial reporting basis and the tax basis of assets and liabilities and are measured using enacted tax rates and laws governing periods in which the differences are expected to reverse. The Company evaluates the realizability of deferred tax assets and provides a valuation allowance for amounts that management does not believe are more likely than not to be recoverable, as applicable. The annual effective tax rate is determined by the Income tax provision from continuing operations as a percentage of Income before income taxes from continuing operations within the Consolidated Statements of Operations. Differences in the effective tax rate and the statutory tax rate may be due to permanent items, tax credits, foreign tax rates and state tax rates in jurisdictions in which the Company operates, or changes in valuation allowances. The Company records reserves for uncertain tax positions when, despite the belief that tax return positions are fully supportable, it is anticipated that certain tax return positions are likely to be challenged and that the Company may not prevail. These reserves are adjusted for changing facts and circumstances, such as the progress of a tax audit or the lapse of statutes of limitations. Additional information about the Company’s income taxes is presented in Note 8 to the Consolidated Financial Statements. Employee Benefit Plans The Company provides full-time employees hired before January 1, 2003, with postretirement health care benefits. In order to measure the expense and funded status of these employee benefit plans, management makes several estimates and assumptions, including employee turnover rates, anticipated mortality rates and anticipated future healthcare cost trends. These estimates and assumptions are based on the Company's historical experience combined with management's knowledge and understanding of current facts and circumstances. The selection of the discount rate is based on an index given projected plan payouts. Additional information about the Company's employee benefit plans is presented in Note 6 to the Consolidated Financial Statements. Recent Accounting Pronouncements Recently issued accounting pronouncements not yet adopted In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (ASU 2023-09), which improves the transparency of income tax disclosures by requiring consistent categories and greater disaggregation of information in the effective tax rate reconciliation and income taxes paid disaggregated by jurisdiction. It also includes certain other amendments to improve the effectiveness of income tax disclosures. This ASU will be effective for the annual periods beginning the year ended December 31, 2025. Early adoption is permitted. Upon adoption, the ASU can be applied prospectively or retrospectively. We do not expect the adoption of this ASU to have a material impact on the Consolidated Financial Statements. In November 2024, the FASB issued ASU No. 2024-03, Disaggregation of Income Statement Expenses (Subtopic 220-40), which requires the disaggregated disclosure of specific expense categories, including purchases of inventory, employee compensation, depreciation, and amortization, within relevant income statement captions. This ASU also requires disclosure of the total amount of selling expenses along with the definition of selling expenses. The ASU is effective for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Adoption of this ASU can either be applied prospectively to consolidated financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all prior periods presented in the consolidated financial statements. Early adoption is also permitted. This ASU will likely result in the required additional disclosures being included in our consolidated financial statements, once adopted. We are currently evaluating the provisions of this ASU. Recently issued accounting pronouncements adopted In November 2023, the Financial Accounting Standards Board ("FASB") issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (ASU 2023-07), which requires an enhanced disclosure of significant segment expenses on an annual and interim basis. This guidance is effective for annual periods beginning with the year ended December 31, 2024, and for interim periods beginning January 1, 2025. Early adoption is permitted. The Company adopted this ASU retrospectively on December 31, 2024. Refer to Note 12, Segment Information, for the inclusion of the new required disclosures.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2024
Inventory, Net [Abstract]
Inventories	Inventories Major classes of inventories are presented below. Readily Marketable Inventories are agricultural commodity inventories such as corn, soybeans, wheat, and ethanol co-products, among others, carried at net realizable value which approximates fair value based on their commodity characteristics, widely available markets, and pricing mechanisms. The net realizable value of RMI is calculated as the fair value (spot price of the commodity in an exchange), less cost of disposal and transportation based on the local market. All other inventories are held at lower of cost or net realizable value. The components of inventories are as follows: December 31, (in thousands) 2024 2023 Grain and other agricultural products (a) $ 951,283 $ 886,725 Energy inventories (a) 17,381 21,705 Ethanol and co-products (a) 109,528 104,349 Plant nutrients and cob products 208,619 153,921 Total $ 1,286,811 $ 1,166,700 (a) Includes RMI of $944.5 million and $862.5 million at December 31, 2024, and December 31, 2023, respectively.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment The components of property, plant and equipment are as follows: December 31, (in thousands) 2024 2023 Land $ 39,278 $ 30,912 Land improvements and leasehold improvements 88,144 82,438 Buildings and storage facilities 622,771 365,744 Machinery and equipment 1,042,529 951,544 Construction in progress 39,610 36,541 1,832,332 1,467,179 Less: accumulated depreciation (964,181) (773,814) Property, plant and equipment, net $ 868,151 $ 693,365 The increase in Property, plant and equipment, net from the prior year was due to the acquisition of Skyland. See Note 20 for additional information. Depreciation expense on property, plant and equipment amounted to $105.3 million, $100.6 million, and $110.6 million for the years ended December 31, 2024, 2023, and 2022, respectively.

Debt

Debt	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Debt	Debt On November 1, 2024, Skyland, a consolidated subsidiary of the Company as of our acquisition on November 1, 2024, entered into an amended and restated credit agreement (the "Skyland Credit Agreement") with COBANK, ACB and Farm Credit Mid-America, PCA. The Skyland Credit Agreement provides for a three-year $300.0 million revolving credit facility, a five-year $15.0 million revolving term loan facility, and $78.2 million of term notes consisting of several individual tranches of debt, with various payment schedules, and all with maturities of 5 years or less. The proceeds were used to refinance Skyland's existing debt after the acquisition. The $300.0 million revolving credit facility, a five-year $15.0 million revolving term loan facility, and $67.0 million of the term notes will bear interest at variable rates, which are based on the Secured Overnight Financing Rate plus an applicable spread, with the remaining $11.2 million of term notes bearing fixed interest rates between 3.85% - 5.80%. The Skyland Credit Agreement is secured by the assets of Skyland and is non-recourse to the Company. The capacity of the Company's short-term lines of credit at December 31, 2024 was $2,161.7 million, of which the Company had a total of $1,991.3 million available for borrowing. The Company's borrowing capacity is reduced by a combination of outstanding borrowings and letters of credit. The weighted-average interest rate on short-term borrowings outstanding at December 31, 2024, and 2023, was 7.15% and 7.28%, respectively. Total interest paid was $31.1 million, $47.0 million, and $56.7 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, and 2023, the estimated fair value of long-term debt, including the current portion, was $635.4 million and $585.1 million, respectively. The Company estimates the fair value of its long-term debt based upon the Company’s credit standing and current interest rates offered by the Company on similar bonds and rates currently available to the Company for long-term borrowings with similar terms and remaining maturities. As of December 31, 2024, the Company was in compliance with all financial covenants. Long-Term Debt December 31, (in thousands, except percentages) 2024 2023 Note payable, variable rate (6.01% at December 31, 2024), payable in increasing amounts plus interest, due 2029 $ 180,586 $ 191,055 Note payable, variable rate (5.88% at December 31, 2024), payable in increasing amounts plus interest, due 2027 121,289 128,320 Note payable, variable rate (6.01% at December 31, 2024), payable in increasing amounts plus interest, due 2031 92,500 97,500 Note payable, 4.50%, payable at maturity, due 2034 (a) 87,818 91,744 Note payable, variable rate (7.56% at December 31, 2024), payable in increasing amounts plus interest, due 2029 (b) 67,000 — Note payable, 4.85%, payable at maturity, due 2026 25,000 25,000 Industrial revenue bond, variable rate (4.97% at December 31, 2024), payable at maturity, due 2036 21,000 21,000 Note payable, 4.50%, payable at maturity, due 2030 16,000 16,000 Note payable, 5.00%, payable at maturity, due 2040 14,000 14,000 Note payable, 3.85%, payable at maturity, due 2029 (b) 4,500 — Note payable, 4.80%, payable at maturity, due 2026 (b) 1,499 — Note payable, 4.11%, payable at maturity, due 2026 (b) 1,378 — Note payable, 5.80%, payable at maturity, due 2028 (b) 1,088 — Note payable, 5.60%, payable at maturity, due 2025 (b) 600 — Note payable, 4.13%, payable at maturity, due 2026 (b) 553 — Note payable, 4.05%, payable at maturity, due 2026 (b) 439 — Note payable, 5.40%, payable at maturity, due 2025 (b) 93 — Finance lease obligations, due serially to 2043 (a) 7,880 9,013 Finance lease obligations, due serially to 2029 (b) 3,619 — 646,842 593,632 Less: current maturities 36,139 27,561 Less: unamortized prepaid debt issuance costs 2,552 3,111 $ 608,151 $ 562,960 (a) Debt is collateralized by first mortgages on certain facilities and related equipment or other assets with a book value of $48.8 million. (b) Debt is non-recourse to the Company and collateralized by substantially all assets of Skyland with a net book value of $133.2 million. Th e aggregate annual maturities of long-term debt are as follows: 2025 -- $36.1 million; 2026 -- $63.2 million; 2027 -- $137.1 million; 2028 -- $30.1 million; 2029 -- $194.9 million; and $185.4 million thereafter.

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives Commodity Contracts The Company’s operating results are affected by changes to commodity prices. The Trade and Renewables businesses have established “unhedged” futures position limits (the amount of a commodity, either owned or contracted for, that does not have an offsetting derivative contract to lock in the price). To reduce the exposure to market price risk on commodities owned and forward purchase and sale contracts, the Company enters into exchange traded commodity futures and options contracts and over-the-counter forward and option contracts with various counterparties. These contracts are primarily traded via regulated commodity exchanges. The Company’s forward purchase and sales contracts are for physical delivery of the commodity in a future period. Contracts to purchase commodities from producers generally relate to the current or future crop years for delivery periods quoted by regulated commodity exchanges. Most contracts for the sale of commodities to processors or other commercial consumers generally do not extend beyond one year. Most of these contracts meet the definition of derivatives. While the Company considers its commodity contracts to be effective economic hedges, the Company does not designate or account for its commodity contracts as hedges as defined under current accounting standards. The Company primarily accounts for its commodity derivatives at estimated fair value. The estimated fair value of the commodity derivative contracts that require the receipt or posting of cash collateral is recorded on a net basis (offset against cash collateral posted or received, also known as margin deposits) within commodity derivative assets or liabilities. Management determines fair value based on exchange-quoted prices and in the case of its forward purchase and sale contracts, estimated fair value is adjusted for differences in local markets and non-performance risk. For contracts for which physical delivery occurs, balance sheet classification is based on estimated delivery date. For futures, options and over-the-counter contracts in which physical delivery is not expected to occur but, rather, the contract is expected to be net settled, the Company classifies these contracts as current or noncurrent assets or liabilities, as appropriate, based on the Company’s expectations as to when such contracts will be settled. Realized and unrealized gains and losses in the value of commodity contracts (whether due to changes in commodity prices, changes in performance or credit risk, or due to sale, maturity or extinguishment of the commodity contract) and commodity inventories are included in Cost of sales and merchandising revenues. Generally accepted accounting principles permit a party to use a master netting arrangement to offset fair value amounts recognized for derivative instruments against the right to reclaim cash collateral or obligation to return cash collateral under the same master netting arrangement. The Company has master netting arrangements for its exchange traded futures and options contracts and certain over-the-counter contracts. When the Company enters into a future, option or an over-the-counter contract, an initial margin deposit may be required by the counterparty. The amount of the margin deposit varies by commodity. If the market price of a future, option or an over-the-counter contract moves in a direction that is adverse to the Company’s position, an additional margin deposit, called a maintenance margin, is required. The margin deposit assets and liabilities are included in Commodity derivative assets (or liabilities) - current, as appropriate, within the Consolidated Balance Sheets. The net asset or liability positions of these derivatives (net of their cash collateral) are determined on a counterparty-by-counterparty basis. If current, the net position is included within Commodity derivative assets (or liabilities) - current, and if noncurrent, the net position is included in Other assets or Other long-term liabilities in the Consolidated Balance Sheets. The following table presents a summary of the estimated fair value of the Company’s commodity derivative instruments that require cash collateral and the associated cash posted or received as collateral. (in thousands) December 31, 2024 December 31, 2023 Cash collateral paid $ 39,025 $ 24,439 Fair value of derivatives 8,696 24,237 Net derivative asset position $ 47,721 $ 48,676 The following table presents, on a gross basis, current and non-current commodity derivative assets and liabilities: December 31, 2024 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 165,038 $ 1,441 $ 10,158 $ 28 $ 176,665 Commodity derivative liabilities (55,262) (28) (69,924) (425) (125,639) Cash collateral paid 39,025 — — — 39,025 Balance sheet line item totals $ 148,801 $ 1,413 $ (59,766) $ (397) $ 90,051 December 31, 2023 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 201,542 $ 1,496 $ 7,868 $ 13 $ 210,919 Commodity derivative liabilities (47,898) (64) (98,717) (431) (147,110) Cash collateral paid 24,439 — — — 24,439 Balance sheet line item totals $ 178,083 $ 1,432 $ (90,849) $ (418) $ 88,248 The net gains and losses on commodity derivatives not designated as hedging instruments included in the Company’s Consolidated Statements of Operations and the line items in which they are located are as follows: Year Ended December 31, (in thousands) 2024 2023 2022 Gains (losses) on commodity derivatives included in Cost of sales and merchandising revenues $ (12,783) $ (69,579) $ 13,533 The Company had the following volume of commodity derivative contracts outstanding (on a gross basis) are as follows: December 31, 2024 (in thousands) Number of Bushels Number of Gallons Number of Tons Non-exchange traded: Corn 607,172 — — Soybeans 32,548 — — Wheat 88,503 — — Oats 21,595 — — Ethanol — 280,999 — Soybean meal — — 524 Dried distillers grain — — 745 Other 4,308 53,020 1,972 Subtotal 754,126 334,019 3,241 Exchange traded: Corn 214,810 — — Soybeans 23,390 — — Wheat 123,661 — — Oats 315 — — Ethanol — 99,162 — Propane — 118,986 — Other — 1,440 444 Subtotal 362,176 219,588 444 Total 1,116,302 553,607 3,685 December 31, 2023 (in thousands) Number of Bushels Number of Gallons Number of Tons Non-exchange traded: Corn 519,825 — — Soybeans 41,848 — — Wheat 66,953 — — Oats 15,355 — — Ethanol — 206,986 — Soybean meal — — 546 Dried distillers grain — — 740 Other 6,847 37,153 1,882 Subtotal 650,828 244,139 3,168 Exchange traded: Corn 160,795 — — Soybeans 34,250 — — Wheat 64,778 — — Oats 375 — — Ethanol — 97,272 — Propane — 74,550 — Other — 420 825 Subtotal 260,198 172,242 825 Total 911,026 416,381 3,993 Interest Rate and Other Derivatives The Company’s objectives in using interest rate derivatives are to add stability to interest expense on long-term debt and to manage its exposure to interest rate movements. To accomplish these objectives, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. The gains or losses on the derivatives designated as hedging instruments are recorded in Other comprehensive income and subsequently reclassified into Interest expense, net in the same periods during which the hedged transaction affects earnings. Amounts reported in Accumulated other comprehensive income related to derivatives will be reclassified to Interest expense, net as interest payments are made on the Company’s variable-rate long-term debt. The Company also has foreign currency derivatives which are considered effective economic hedges of specified economic risks. The Company had recorded the following amounts for the fair value of the Company's interest rate and other derivatives: December 31, (in thousands) 2024 2023 Derivatives not designated as hedging instruments Foreign currency contracts included in Other current assets (liabilities) $ (3,972) $ 907 Derivatives designated as hedging instruments Interest rate contracts included in Other current assets 6,761 9,968 Interest rate contracts included in Other assets 22,723 18,041 Interest rate contracts included in Other long-term liabilities (301) — The recording of derivatives gains and losses and the financial statement line item in which they are located are as follows: Year Ended December 31, (in thousands) 2024 2023 2022 Derivatives designated as hedging instruments Interest rate derivative gains (losses) included in $ 846 $ (3,407) $ 38,564 Interest rate derivative gains (losses) included in Interest expense, net 12,354 10,132 (989) Interest rate derivative gains included in Other income, net 546 — — The following table presents the open interest rate contracts at December 31, 2024: Interest Rate Hedging Instrument Year Entered Year of Maturity Initial Notional Amount Hedged Item Interest Rate Swap 2019 2025 87.5 Interest rate component of debt - accounted for as a hedge 2.3% Swap 2019 2025 43.8 Interest rate component of debt - accounted for as a hedge 2.4% Swap 2019 2025 43.8 Interest rate component of debt - accounted for as a hedge 2.4% Swap 2020 2030 50.0 Interest rate component of debt - accounted for as a hedge 0.8% Swap 2020 2030 50.0 Interest rate component of debt - accounted for as a hedge 0.8% Swap 2022 2025 20.0 Interest rate component of debt - accounted for as a hedge 2.6% Swap 2022 2029 100.0 Interest rate component of debt - accounted for as a hedge 2.0% Swap 2022 2029 50.0 Interest rate component of debt - accounted for as a hedge 2.4% Swap 2022 2028 15.0 Interest rate component of debt - accounted for as a hedge —% to 3.3% Swap 2023 2025 50.0 Interest rate component of debt - accounted for as a hedge 3.7% Swap 2023 2031 50.0 Interest rate component of debt - accounted for as a hedge 2.9% Swap 2024 2029 35.0 Interest rate component of debt - accounted for as a hedge 4.2%

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans The Company provides certain full-time employees with retirement benefits under defined contribution plans. The Company's expense for its defined contribution plans amounted to $14.2 million, $17.7 million and $17.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also has a postretirement health care benefit plan covering substantially all of its full-time employees hired prior to January 1, 2003. These plans are generally contributory and include a cap on the Company's share of the related costs. The measurement date for this plan is December 31. Obligation and Funded Status Following are the details of the obligation and funded status of the postretirement health care benefit plan: (in thousands) Change in benefit obligation 2024 2023 Benefit obligation at beginning of year $ 17,266 $ 17,433 Service cost 133 151 Interest cost 785 830 Actuarial (gains) losses (911) (66) Participant contributions 227 257 Benefits paid (1,573) (1,339) Benefit obligation at end of year $ 15,927 $ 17,266 (in thousands) Change in plan assets 2024 2023 Fair value of plan assets at beginning of year $ — $ — Company contributions 1,346 1,082 Participant contributions 227 257 Benefits paid (1,573) (1,339) Fair value of plan assets at end of year $ — $ — Underfunded status of plans at end of year $ (15,927) $ (17,266) Amounts recognized in the Consolidated Balance Sheets consist of: December 31, (in thousands) 2024 2023 Accrued expenses and other current liabilities $ 1,282 $ 1,242 Other long-term liabilities 14,645 16,024 Net amount recognized $ 15,927 $ 17,266 Following are the details of the amounts recognized in Accumulated other comprehensive income before taxes for the year ended December 31, 2024: (in thousands) Unamortized Actuarial Net Gains Unamortized Prior Service Costs Balance at beginning of year $ 11,744 $ (6,243) Amounts arising during the period 911 — Amounts recognized as a component of net periodic benefit cost — (1,206) Balance at end of year $ 12,655 $ (7,449) The benefits expected to be paid for the postretirement health care benefit plan over the next ten years are as follows: (in thousands) Postretirement Benefits 2025 $ 1,282 2026 1,285 2027 1,288 2028 1,287 2029 1,284 2030-2034 6,167 The components of the net periodic benefit cost are as follows: Year Ended December 31, (in thousands) 2024 2023 2022 Service cost $ 133 $ 151 $ 248 Interest cost 785 830 586 Amortization of prior service cost (911) (911) (911) Amortization of actuarial gain (295) (323) — Net periodic benefit (gain) cost $ (288) $ (253) $ (77) The weighted-average assumptions of the postretirement health care benefit plan are as follows: Year Ended December 31, 2024 2023 2022 Used to Determine Benefit Obligations at Measurement Date Discount rate 5.4 % 4.7 % 4.9 % Used to Determine Net Periodic Benefit Cost for Years ended December 31 Discount rate 4.7 % 4.9 % 2.6 % Expected long-term return on plan assets — — — Rate of compensation increases — — — Assumed Health Care Cost Trend Rates at Beginning of Year 2024 2023 Health care cost trend rate assumed for next year 3.0 % 3.0 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) (a) N/A N/A Year that the rate reaches the ultimate trend rate (a) N/A N/A (a) In 2017, the Company's remaining uncapped participants were converted to a Medicare Exchange Health Reimbursement Arrangement, which put a 2% cap on the Company's share of the related costs.

Revenue

Revenue	12 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Many of the Company’s sales and merchandising revenues are generated from contracts that are outside the scope of ASC 606, Revenue from Contracts with Customers . Specifically, the vast majority of the Company's Trade and Renewables sales contracts are derivatives within the scope of ASC 815, Derivatives and Hedging . Of the sales and merchandising revenues within the scope of ASC 606 in the Trade and Renewables segments, substantially all of the activity occurs at a point in time and outstanding contract liabilities are de minimis. In the Company's Nutrient & Industrial segment, all sales and merchandising revenues are within the scope of ASC 606. Therefore, a further disaggregation of revenues and detail of outstanding contract balances is provided below: Year Ended December 31, (in thousands) 2024 2023 2022 Ag Supply Chain $ 482,492 $ 586,873 $ 691,696 Specialty Liquids 178,223 206,477 261,964 Engineered Granules 172,426 150,047 145,648 Total sales and merchandising revenues $ 833,141 $ 943,397 $ 1,099,308 Substantially all of the Nutrient & Industrial segment revenues presented in the preceding table occurred within the United States and are recorded at a point in time instead of over time. Ag Supply Chain The Ag Supply Chain division sells different types of primary nutrients including nitrogen, phosphorus, and potassium. These products can be sold through wholesale distribution channels as well as directly to end users at the farm center locations. These products may be purchased and re-sold as is or sold as finished goods resulting from blending and manufacturing processes. Additionally, the farm centers sell a variety of essential crop nutrients, crop protection chemicals and seed products in addition to application and agronomic services to commercial and family farmers. Specialty Liquids The Specialty Liquids division sells a broad range of fertilizers, micronutrients, and soil amendments. The division is also a manufacturer and distributor of industrial products throughout the U.S. and Puerto Rico including nitrogen reagents, calcium nitrate, deicers, and dust abatement products. Engineered Granules The Engineered Granules division sells proprietary professional lawn care products that are primarily sold into the golf course and professional turf care markets, serving both U.S. and international customers. Corncob-based products are manufactured and sold for a variety of uses including laboratory animal bedding and private-label cat litter, as well as absorbents, blast cleaners, carriers and polishers. The division also performs contract manufacturing services to formulated and package fertilizer and weed and pest control products to various markets. The contracts associated with the Nutrient & Industrial segment generally have a single performance obligation, as the Company has elected the accounting policy to consider shipping and handling costs as fulfillment costs. Revenue is recognized when control of the product has passed to the customer. Payment terms generally range from 0 - 30 days. Contract balances The opening and closing balances of the Company’s contract liabilities are as follows: (in thousands) 2024 2023 Balance at January 1 $ 30,686 $ 55,408 Balance at December 31 24,812 30,686 The difference between the opening and closing balances of the Company’s contract liabilities primarily results from the timing difference between the Company’s performance and the customer’s payment. The contract liabilities covered in the table above relate to the Nutrient & Industrial business for payments received in advance of fulfilling our performance obligations under our customer contracts. Contract liabilities are built up at year-end and through the first quarter as a result of payments in advance of fulfilling our performance obligations under our customer contracts in preparation for the spring application season. The contract liabilities are then relieved as obligations are met. The variance in contract liabilities at December 31, 2024, compared to the prior years was due to tight supplies and higher fertilizer prices towards the end of 2022 and the beginning of 2023, causing more customers to prepay for fertilizer to ensure supply and fix their input costs for the following spring application season. At December 31, 2024, and 2023, fertilizer prices were stable and in a higher interest rate environment customers are not as willing to prepay for fertilizer as they were at December 31, 2022.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The income tax provision from continuing operations consists of the following: Year Ended December 31, (in thousands) 2024 2023 2022 Current: Federal $ 21,081 $ 30,274 $ 38,801 State and local 7,568 5,852 13,541 Foreign 4,780 2,869 4,741 33,429 38,995 57,083 Deferred: Federal (4,028) (1,012) (13,425) State and local (202) 1,252 (6,775) Foreign 858 (2,201) 2,745 (3,372) (1,961) (17,455) Total: Federal 17,053 29,262 25,376 State and local 7,366 7,104 6,766 Foreign 5,638 668 7,486 $ 30,057 $ 37,034 $ 39,628 Income before income taxes from continuing operations consists of the following: Year Ended December 31, (in thousands) 2024 2023 2022 U.S. $ 199,950 $ 161,377 $ 173,810 Foreign 807 8,186 20,772 $ 200,757 $ 169,563 $ 194,582 A reconciliation from the statutory U.S. federal tax rate to the effective tax rate follows: Year Ended December 31, 2024 2023 2022 Statutory U.S. federal tax rate 21.0 % 21.0 % 21.0 % Increase (decrease) in rate resulting from: State and local income taxes, net of related federal taxes 3.0 2.9 2.4 Effect of noncontrolling interest (5.9) (3.9) (3.9) Derivative instruments and hedging activities (0.1) — (1.3) U.S. income taxes on foreign earnings 0.4 1.3 (0.1) Nondeductible compensation 0.6 0.9 1.2 Unrecognized tax benefits (0.1) 4.7 8.0 Valuation allowance 1.1 0.4 0.7 Foreign tax credits (1.0) (2.9) (2.1) Research and development and other tax credits (6.0) (2.7) (7.0) Other, net 2.0 0.1 1.5 Effective tax rate 15.0 % 21.8 % 20.4 % Net income taxes of $31.5 million, $45.7 million, and $88.7 million were paid in the years ended December 31, 2024, 2023, and 2022, respectively. TAMH, Skyland, and ELEMENT for the periods in which the entity was consolidated are treated as partnerships for U.S. tax purposes. Partnerships are not taxable entities so the tax consequences of the partnership’s transactions flow through to the partners at their proportionate share. As a result, the Consolidated Statements of Operations do not reflect such income taxes within Net income attributable to the noncontrolling interest. The Company has elected to treat Global Intangible Low Tax Income (“GILTI”) as a period cost and, therefore, has not recognized deferred taxes for basis differences that may reverse as GILTI tax in future years. For the years ended December 31, 2024, and 2023, the Company has not recognized deferred tax liabilities for temporary differences related to investments in foreign subsidiaries that were deemed permanently reinvested. Determination of the amount of unrecognized deferred income tax liabilities on these earnings is not practicable because such liability, if any, depends on certain circumstances existing and if/when remittance occurs. A deferred tax liability will be recognized if and when the Company no longer plans to permanently reinvest these undistributed earnings. Significant components of the Company's deferred tax liabilities and assets are as follows: December 31, (in thousands) 2024 2023 Deferred tax liabilities: Property, plant and equipment $ (64,934) $ (66,497) Operating lease right-of-use assets (18,029) (8,716) Identifiable intangibles — (3,565) Investments (21,968) (29,962) Derivative Instruments (7,202) (6,972) Other (5,607) (5,826) (117,740) (121,538) Deferred tax assets: Employee benefits 24,346 28,989 Accounts and notes receivable 12,289 10,406 Inventory 3,166 3,718 Identifiable intangibles 655 — Federal income tax credits 4,203 3,439 Net operating loss carryforwards 1,212 1,015 Operating lease liability 17,685 8,653 Other 7,402 12,324 Total deferred tax assets 70,958 68,544 less: Valuation allowance 6,591 4,416 64,367 64,128 Net deferred tax liabilities (a) $ (53,373) $ (57,410) (a) The Company had deferred tax assets of $1.7 million and $1.2 million included in Other assets in the Consolidated Balance Sheets as of December 31, 2024, and 2023, respectively. At December 31, 2024, the Company had $31.8 million and $7.0 million of state and non-U.S. net operating loss carryforwards that begin to expire in 2028 and 2027, respectively. The Company also has $4.2 million of U.S. foreign tax credits ("FTCs") carryforwards that begin to expire in 2026. The valuation allowance of $6.6 million is related to $4.2 million, $1.1 million, and $1.3 million of U.S. federal FTCs, foreign net operating losses, and other U.S. deferred tax assets, respectively. Deferred income tax assets and liabilities are recognized for the future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance will be recorded to reduce deferred tax assets if, based on all available evidence, it is considered more likely than not that some portion or all of the recorded deferred tax assets will not be realized in future periods. In assessing the realizability of our deferred tax assets, we consider positive and negative evidence, including historical operating results, future reversals of existing taxable temporary differences, projected future earnings, and tax planning strategies. The Company and its subsidiaries file income tax returns in the U.S., foreign, state and local jurisdictions. The Company and its subsidiary partnership returns are under federal tax examination by the IRS for tax years ranging from 2018 through 2021. The Company’s subsidiary is under federal tax examination by the Mexican tax authorities for tax year 2015. Due to the potential for resolution of U.S. federal, foreign, state and local examinations, it is reasonably possible that the gross unrecognized tax benefits may change within the next twelve months by a range of $3.3 million to $14.2 million. A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows: (in thousands) 2024 2023 2022 Balance at beginning of period $ 84,719 $ 79,262 $ 51,754 Tax positions related to the current year Gross additions — — 8,074 Tax positions related to prior years Gross additions — 6,134 19,434 Gross reductions (4,275) (58) — Settlements (9,993) — — Lapse in statute of limitations — (619) — Balance at end of period $ 70,451 $ 84,719 $ 79,262 As of December 31, 2024, 2023 and 2022, if our unrecognized tax benefits were recognized in future periods, they would favorably impact our effective tax rate. As of December 31, 2024, unrecognized tax benefits of $70.5 million include $54.1 million associated with the federal and state research & development credits. The Company’s practice is to recognize interest and penalties on uncertain tax positions in the Income tax provision from continuing operations within the Consolidated Statements of Operations. At December 31, 2024, 2023, and 2022, the Company recorded reserves of $15.7 million, $13.0 million, and $8.6 million, respectively, of interest and penalties on uncertain tax positions in Other long-term liabilities within the Consolidated Balance Sheets.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income The following table summarizes the changes in Accumulated other comprehensive income ("AOCI"): Year Ended December 31, (in thousands) 2024 2023 Currency Translation Adjustment Beginning balance $ (2,581) $ (8,203) Other comprehensive income (loss) before reclassifications (10,888) 5,622 Tax effect — — Other comprehensive income (loss), net of tax (10,888) 5,622 Ending Balance $ (13,469) $ (2,581) Cash Flow Hedges Beginning balance $ 20,985 $ 23,546 Other comprehensive income (loss) before reclassifications 13,768 6,725 Amounts reclassified from AOCI (a) (12,922) (10,132) Tax effect (c) (260) 846 Other comprehensive income (loss), net of tax 586 (2,561) Ending Balance $ 21,571 $ 20,985 Pension and Other Postretirement Plans Beginning balance $ 4,203 $ 4,883 Other comprehensive income (loss) before reclassifications 939 19 Amounts reclassified from AOCI (b) (911) (911) Tax effect (c) (6) 212 Other comprehensive income (loss), net of tax 22 (680) Ending Balance $ 4,225 $ 4,203 Investments in Convertible Preferred Securities Beginning balance $ 258 $ 258 Other comprehensive income (loss), net of tax — — Ending Balance $ 258 $ 258 Total AOCI Ending Balance $ 12,585 $ 22,865 (a) Amounts reclassified from gain (loss) on cash flow hedges are reclassified from AOCI to income when the hedged item affects earnings. Gains and losses from interest rate derivatives are recognized in Interest expense, net within the Consolidated Statements of Operations as interest payments are made on the Company's variable rate debt. When interest rate derivatives are settled prior to maturity, the gain or loss is recognized in Other income, net within the Consolidated Statements of Operations. See Note 5 for additional information. (b) This AOCI component is included in the computation of net periodic benefit cost recorded in Operating, administrative and general expenses within the Consolidated Statements of Operations. (c) The Company utilizes the aggregate approach for releasing disproportionate income tax effects in AOCI.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following table presents the Company's assets and liabilities measured at fair value on a recurring basis: (in thousands) December 31, 2024 Assets (liabilities) Level 1 Level 2 Level 3 Total Commodity derivatives, net (a) $ 47,721 $ 42,330 $ — $ 90,051 Provisionally priced contracts (b) (12,203) (45,017) — (57,220) Convertible preferred securities (c) — — 14,190 14,190 Other assets and liabilities (d) 2,711 29,183 — 31,894 Total $ 38,229 $ 26,496 $ 14,190 $ 78,915 (in thousands) December 31, 2023 Assets (liabilities) Level 1 Level 2 Level 3 Total Commodity derivatives, net (a) $ 48,676 $ 39,572 $ — $ 88,248 Provisionally priced contracts (b) (108,736) (65,343) — (174,079) Convertible preferred securities (c) — — 15,625 15,625 Other assets and liabilities (d) 5,477 28,009 — 33,486 Total $ (54,583) $ 2,238 $ 15,625 $ (36,720) (a) Includes associated cash posted/received as collateral. (b) Included in "Provisionally priced contracts" are those instruments based only on underlying futures values (Level 1) and delayed price contracts (Level 2). (c) Recorded in Other assets on the Company’s Consolidated Balance Sheets related to certain available for sale securities. (d) Included in "Other assets and liabilities" are assets held by the Company to fund deferred compensation plans and foreign exchange derivative contracts (Level 1), as well as interest rate derivatives (Level 2). Level 1 commodity derivatives reflect the fair value of the exchange-traded futures and options contracts that the Company holds, net of the cash collateral that the Company has in its margin account. The majority of the Company’s assets and liabilities measured at fair value are based on the market approach valuation technique. With the market approach, fair value is derived using prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The Company’s net commodity derivatives primarily consist of futures or options contracts via regulated exchanges and contracts with producers or customers under which the future settlement date and bushels (or gallons in the case of ethanol contracts) of commodities to be delivered (primarily wheat, corn, soybeans and ethanol) are fixed and under which the price may or may not be fixed. Depending on the specifics of the individual contracts, the fair value is derived from the futures or options prices quoted on various exchanges for similar commodities and delivery dates as well as observable quotes for local basis adjustments (the difference, which is attributable to local market conditions, between the quoted futures price and the local cash price). Because “basis” for a particular commodity and location typically has multiple quoted prices from other agribusinesses in the same geographical vicinity and is used as a common pricing mechanism in the agribusiness industry, the Company has concluded that “basis” is typically a Level 2 fair value input for purposes of the fair value disclosure requirements related to our commodity derivatives, depending on the specific commodity. Although nonperformance risk, both of the Company and the counterparty, is present in each of these commodity contracts and is a component of the estimated fair values, based on the Company’s historical experience with its producers and customers and the Company’s knowledge of their businesses, the Company does not view nonperformance risk to be a significant input to fair value for these commodity contracts. These fair value disclosures exclude RMI which consists of agricultural commodity inventories measured at net realizable value. The net realizable value used to measure the Company’s agricultural commodity inventories is the fair value (spot price of the commodity in an exchange), less cost of disposal and transportation based on the local market. This valuation would generally be considered Level 2. The amount of RMI is disclosed in Note 2. Changes in the net realizable value of commodity inventories are recognized as a component of Cost of sales and merchandising revenues. Provisionally priced contract liabilities are those for which the Company has taken ownership and possession of grain, but the final purchase price has not been established. In the case of payables where the unpriced portion of the contract is limited to the futures price of the underlying commodity or the Company has delivered a provisionally priced grain and a subsequent payable or receivable is set up for any future changes in the grain price, quoted exchange prices are used and the liability is deemed to be Level 1 in the fair value hierarchy. For all other unpriced contracts which include variable futures and basis components, the amounts recorded for delayed price contracts are determined on the basis of local grain market prices at the balance sheet date and, as such, are deemed to be Level 2 in the fair value hierarchy. The convertible preferred securities are interests in several early-stage enterprises that may be in various forms, such as convertible debt or preferred equity securities. A reconciliation of beginning and ending balances for the Company’s recurring fair value measurements using Level 3 inputs is as follows: Convertible Preferred Securities (in thousands) 2024 2023 Assets at January 1, $ 15,625 $ 16,278 Additional investments 100 1,342 Gains (losses) included in Other income, net (1,535) 497 Proceeds from investments — (1,670) Reclassification to a receivable in Other assets, net — (822) Assets at December 31, $ 14,190 $ 15,625 The following tables summarize quantitative information about the Company's Level 3 fair value measurements: Quantitative Information about Recurring Level 3 Fair Value Measurements (in thousands) Fair Value as of 12/31/2024 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 14,190 Implied based on market prices N/A N/A (in thousands) Fair Value as of 12/31/2023 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 15,625 Implied based on market prices N/A N/A (a) The Company considers observable price changes and other additional market data available to estimate fair value, including additional capital raising, internal valuation models, progress towards key business milestones, and other relevant market data points. There were no non-recurring fair value measurements as of December 31, 2024, and 2023. The fair value of the Company’s cash equivalents, accounts receivable and accounts payable approximate their carrying value as they are close to maturity.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions In the ordinary course of business the Company enters into related party transactions, mainly with the Company's minority shareholders of certain consolidated subsidiaries, regarding sales and purchases of commodities. Such related party sales comprised less than 3% of the Company's Sales and merchandising revenues for the years ended December 31, 2024, 2023, and 2022. Related party purchases comprised less than 1% of the Company's Cost of sales and merchandising revenues for the years ended December 31, 2024, 2023, and 2022. Receivables and payables resulting from the related party transactions described above comprised less than 3% of the Company's Accounts receivable, net, and less than 1% of the Company's Trade and other payables balances as of December 31, 2024, and 2023. The Company believes all transaction values to be similar to those that would be conducted with third parties at arm's-length.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Segment Information	Segment Information Reportable segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker ("CODM"), who is the Company’s Chief Executive Officer, in deciding how to allocate resources and in assessing performance. The CODM allocates resources to and evaluates the financial performance of each operating segment primarily based on Income (loss) before income taxes from continuing operations. The operating and reportable segment structure provides alignment between business strategies and operating results. The Company’s operations include three reportable business segments that are distinguished primarily on the basis of products and services offered as well as the management structure. The Trade business includes commodity merchandising and the operation of terminal grain elevator facilities. The Renewables business produces, purchases and sells ethanol and co-products. The segment also operates a merchandising portfolio of ethanol, ethanol co-products and other biofuels such as renewable diesel feedstocks. The Nutrient & Industrial business manufactures and distributes plant nutrient products such as agricultural inputs, primarily fertilizers and turf care products along with industrial products such as deicers, dust abatement solutions, and corncob-cased products. Other includes corporate income and expense and cost for functions that provide support and services to the operating segments, as well as other elimination and consolidation adjustments. The segment information below includes the allocation of expenses shared by one or more operating segments. Although management believes such allocations are reasonable, the operating information does not necessarily reflect how such data might appear if the segments were operated as separate businesses. The Company does not have any customers who represent 10 percent, or more, of total revenues. Year Ended December 31, 2024 (in thousands) Trade Renewables Nutrient & Industrial Total Sales and merchandising revenues $ 7,622,077 $ 2,802,330 $ 833,141 $ 11,257,548 Cost of sales and merchandising revenues 7,218,395 2,633,179 712,048 10,563,622 Operating, administrative and general expenses 316,390 35,493 103,238 455,121 Interest expense 24,587 2,841 6,311 33,739 Other income, net (a) 28,728 8,678 6,444 43,850 Segment income before income taxes from continuing operations $ 91,433 $ 139,495 $ 17,988 $ 248,916 less: Corporate expenses 48,159 Income before income taxes from continuing operations $ 200,757 (a) Other income, net for each reportable segment includes: Trade - interest income, property insurance recoveries, patronage income, amongst other items. Renewables - interest income, a gain on the deconsolidation of the ELEMENT joint venture, patronage income, amongst other items. Nutrient & Industrial - interest income, patronage income, amongst other items. Year Ended December 31, 2023 (in thousands) Trade Renewables Nutrient & Industrial Total Sales and merchandising revenues $ 10,426,083 $ 3,380,632 $ 943,397 $ 14,750,112 Cost of sales and merchandising revenues 10,016,133 3,178,235 810,381 14,004,749 Operating, administrative and general expenses 308,470 32,737 103,342 444,549 Asset impairment (a) — 87,156 — 87,156 Interest expense 35,234 6,385 7,016 48,635 Other income, net (b) 29,988 15,056 2,391 47,435 Segment income before income taxes from continuing operations $ 96,234 $ 91,175 $ 25,049 $ 212,458 less: Corporate expenses 42,895 Income before income taxes from continuing operations $ 169,563 (a) Asset impairment of $87.2 million as the Company recorded an impairment charge related to ELEMENT in the first quarter of 2023, as the plant faced operational and market-based challenges which were exacerbated by a shift in the California Low Carbon Fuel Standard credit markets and high western corn basis. (b) Other income, net for each reportable segment includes: Trade - interest income, property insurance recoveries, gains on sales of assets & businesses, patronage income, amongst other items. Renewables - interest income, a gain on the deconsolidation of the ELEMENT joint venture, patronage income, Biofuel Producer Program funds, amongst other items. Nutrient & Industrial - interest income, patronage income, amongst other items. Year Ended December 31, 2022 (in thousands) Trade Renewables Nutrient & Industrial Total Sales and merchandising revenues $ 13,047,537 $ 3,178,539 $ 1,099,308 $ 17,325,384 Cost of sales and merchandising revenues 12,639,830 3,051,544 949,846 16,641,220 Operating, administrative and general expenses 273,592 30,730 106,003 410,325 Asset impairment (a) 9,000 — — 9,000 Interest expense 42,551 8,775 7,298 58,624 Other income, net (b) 12,661 20,731 3,001 36,393 Segment income before income taxes from continuing operations $ 95,225 $ 108,221 $ 39,162 $ 242,608 less: Corporate expenses 48,026 Income before income taxes from continuing operations $ 194,582 (a) Asset impairment of $9.0 million as the Company recorded an impairment charge related to a Nebraska grain asset. (b) Other income, net for each reportable segment includes: Trade - interest income, property insurance recoveries, gains on sales of assets & businesses, patronage income, amongst other items. Renewables - interest income, patronage income, Biofuel Producer Program funds, amongst other items. Nutrient & Industrial - interest income, patronage income, amongst other items. Year Ended December 31, 2024 (in thousands) Trade Renewables Nutrient & Industrial Other Total Depreciation and amortization (a) $ 40,505 $ 49,705 $ 32,488 $ 5,106 $ 127,804 Purchases of property, plant and equipment and capitalized software 59,240 49,808 36,116 4,023 149,187 Interest income (b) 12,499 5,075 3,519 — 21,093 (a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations. (b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations. Year Ended December 31, 2023 (in thousands) Trade Renewables Nutrient & Industrial Other Total Depreciation and amortization (a) $ 36,109 $ 51,408 $ 29,268 $ 8,321 $ 125,106 Purchases of property, plant and equipment and capitalized software 49,728 54,546 42,524 3,645 150,443 Interest income (b) 6,730 5,087 1,163 27 13,007 (a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations. (b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations. Year Ended December 31, 2022 (in thousands) Trade Renewables Nutrient & Industrial Other Total Depreciation and amortization (a) $ 35,953 $ 63,458 $ 26,634 $ 8,697 $ 134,742 Purchases of property, plant and equipment and capitalized software 29,433 42,734 34,678 1,439 108,284 Interest income (b) 2,297 589 4 110 3,000 (a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations. (b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations. December 31, (in thousands) 2024 2023 2022 Identifiable assets Trade $ 2,279,698 $ 2,164,578 $ 3,166,813 Renewables 679,430 763,203 835,860 Nutrient & Industrial 499,443 434,674 530,596 Other 662,743 492,552 74,727 Total assets $ 4,121,314 $ 3,855,007 $ 4,607,996 Year Ended December 31, (in thousands) 2024 2023 2022 Revenues from external customers by geographic region United States $ 8,103,367 $ 9,772,619 $ 12,503,330 Canada 517,131 694,774 1,199,487 Mexico 392,142 533,012 493,111 Egypt 124,905 462,068 573,371 Switzerland 176,358 373,305 373,737 Other 1,943,645 2,914,334 2,182,348 Total $ 11,257,548 $ 14,750,112 $ 17,325,384 Substantially all of the Company's long-lived assets are located within the United States. The Company had approximately $45.8 million and $36.1 million in long-lived assets abroad at December 31, 2024 and 2023, respectively with substantially all of the foreign long-lived assets located within Canada for both periods presented.

Leases

Leases	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Leases	Leases The Company leases certain grain handling and storage facilities, ethanol storage terminals, warehouse space, railcars, office space, machinery and equipment, vehicles and information technology equipment under operating leases. Lease expense for these leases is recognized within the Consolidated Statements of Operations on a straight-line basis over the lease term, with variable lease payments recognized in the period those payments are incurred. Leases with a term of 12 months or less are not recorded on the Consolidated Balance Sheets and lease expense for these leases is recognized in the Consolidated Statements of Operations on a straight-line basis over the lease term. The Company’s lease agreements include lease payments that are largely fixed and do not contain material residual value guarantees. The following table summarizes the amounts recognized in the Company's Consolidated Balance Sheets related to leases: December 31, (in thousands) Consolidated Balance Sheet Classification 2024 2023 Assets Operating lease assets Right of use assets, net $ 104,630 $ 54,234 Finance lease assets Property, plant and equipment, net 23,119 20,289 Total leased assets $ 127,749 $ 74,523 Liabilities Current operating leases Accrued expenses and other current liabilities $ 25,773 $ 22,322 Non-current operating leases Long-term lease liabilities 65,312 31,659 Total operating lease liabilities 91,085 53,981 Current finance leases Current maturities of long-term debt 1,884 1,134 Non-current finance leases Long-term debt, less current maturities 9,616 7,879 Total finance lease liabilities 11,500 9,013 Total lease liabilities $ 102,585 $ 62,994 The components of lease cost recognized within the Company's Consolidated Statement of Operations were as follows: Year Ended December 31, (in thousands) Consolidated Statement of Operations Classification 2024 2023 2022 Lease cost: Operating lease cost Cost of sales and merchandising revenues $ 17,760 $ 16,123 $ 19,891 Operating lease cost Operating, administrative and general expenses 14,490 13,203 10,132 Finance lease cost Amortization of right-of-use assets Cost of sales and merchandising revenues 80 120 614 Amortization of right-of-use assets Operating, administrative and general expenses 1,133 1,045 1,009 Interest expense on lease liabilities Interest expense, net 346 332 413 Short-term lease cost Cost of sales and merchandising revenues 2,194 2,160 2,465 Short-term lease cost Operating, administrative and general expenses 46 144 — Variable lease cost Cost of sales and merchandising revenues — 500 338 Variable lease cost Operating, administrative and general expenses 468 225 394 Total lease cost $ 36,517 $ 33,852 $ 35,256 The Company often has the option to renew lease terms for buildings and other assets. The exercise of a lease renewal option is generally at the sole discretion of the Company. In addition, certain lease agreements may be terminated prior to their original expiration date at the discretion of the Company. Each renewal and termination option is evaluated at the lease commencement date to determine if the Company is reasonably certain to exercise the option on the basis of economic factors. The following table summarizes the weighted-average remaining lease terms: As of December 31, Weighted-Average Remaining Lease Term 2024 2023 Operating leases 10.9 years 4.0 years Finance leases 6.6 years 8.6 years The discount rate implicit within the Company's leases is generally not determinable and therefore the Company determines the discount rate based on its incremental borrowing rate. The incremental borrowing rate for each lease is determined based on its term and the currency in which lease payments are made, adjusted for the impacts of collateral. The following table summarizes the weighted-average discount rate used to measure the Company's lease liabilities: As of December 31, Weighted-Average Discount Rate 2024 2023 Operating leases 4.96 % 4.27 % Finance leases 4.19 % 3.77 % Supplemental Cash Flow Information Related to Leases Year Ended December 31, (in thousands) 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 33,094 $ 30,467 $ 30,294 Financing cash flows from finance leases 1,185 1,270 1,782 Right-of-use assets obtained in exchange for lease obligations: Operating leases 72,196 48,569 36,056 Maturity Analysis of Leases Liabilities December 31, 2024 (in thousands) Operating Leases Finance Leases Total 2025 $ 29,882 $ 2,338 $ 32,220 2026 21,028 2,414 23,442 2027 13,808 2,229 16,037 2028 7,456 2,075 9,531 2029 4,038 2,394 6,432 Thereafter 62,350 1,986 64,336 Total lease payments 138,562 13,436 151,998 Less: interest 47,477 1,936 49,413 Total $ 91,085 $ 11,500 $ 102,585 December 31, 2023 (in thousands) Operating Leases Finance Leases Total 2024 $ 23,790 $ 1,447 $ 25,237 2025 14,518 1,456 15,974 2026 8,755 1,462 10,217 2027 5,225 1,471 6,696 2028 1,714 1,481 3,195 Thereafter 5,076 3,488 8,564 Total lease payments 59,078 10,805 69,883 Less: interest 5,097 1,792 6,889 Total $ 53,981 $ 9,013 $ 62,994
Leases	Leases The Company leases certain grain handling and storage facilities, ethanol storage terminals, warehouse space, railcars, office space, machinery and equipment, vehicles and information technology equipment under operating leases. Lease expense for these leases is recognized within the Consolidated Statements of Operations on a straight-line basis over the lease term, with variable lease payments recognized in the period those payments are incurred. Leases with a term of 12 months or less are not recorded on the Consolidated Balance Sheets and lease expense for these leases is recognized in the Consolidated Statements of Operations on a straight-line basis over the lease term. The Company’s lease agreements include lease payments that are largely fixed and do not contain material residual value guarantees. The following table summarizes the amounts recognized in the Company's Consolidated Balance Sheets related to leases: December 31, (in thousands) Consolidated Balance Sheet Classification 2024 2023 Assets Operating lease assets Right of use assets, net $ 104,630 $ 54,234 Finance lease assets Property, plant and equipment, net 23,119 20,289 Total leased assets $ 127,749 $ 74,523 Liabilities Current operating leases Accrued expenses and other current liabilities $ 25,773 $ 22,322 Non-current operating leases Long-term lease liabilities 65,312 31,659 Total operating lease liabilities 91,085 53,981 Current finance leases Current maturities of long-term debt 1,884 1,134 Non-current finance leases Long-term debt, less current maturities 9,616 7,879 Total finance lease liabilities 11,500 9,013 Total lease liabilities $ 102,585 $ 62,994 The components of lease cost recognized within the Company's Consolidated Statement of Operations were as follows: Year Ended December 31, (in thousands) Consolidated Statement of Operations Classification 2024 2023 2022 Lease cost: Operating lease cost Cost of sales and merchandising revenues $ 17,760 $ 16,123 $ 19,891 Operating lease cost Operating, administrative and general expenses 14,490 13,203 10,132 Finance lease cost Amortization of right-of-use assets Cost of sales and merchandising revenues 80 120 614 Amortization of right-of-use assets Operating, administrative and general expenses 1,133 1,045 1,009 Interest expense on lease liabilities Interest expense, net 346 332 413 Short-term lease cost Cost of sales and merchandising revenues 2,194 2,160 2,465 Short-term lease cost Operating, administrative and general expenses 46 144 — Variable lease cost Cost of sales and merchandising revenues — 500 338 Variable lease cost Operating, administrative and general expenses 468 225 394 Total lease cost $ 36,517 $ 33,852 $ 35,256 The Company often has the option to renew lease terms for buildings and other assets. The exercise of a lease renewal option is generally at the sole discretion of the Company. In addition, certain lease agreements may be terminated prior to their original expiration date at the discretion of the Company. Each renewal and termination option is evaluated at the lease commencement date to determine if the Company is reasonably certain to exercise the option on the basis of economic factors. The following table summarizes the weighted-average remaining lease terms: As of December 31, Weighted-Average Remaining Lease Term 2024 2023 Operating leases 10.9 years 4.0 years Finance leases 6.6 years 8.6 years The discount rate implicit within the Company's leases is generally not determinable and therefore the Company determines the discount rate based on its incremental borrowing rate. The incremental borrowing rate for each lease is determined based on its term and the currency in which lease payments are made, adjusted for the impacts of collateral. The following table summarizes the weighted-average discount rate used to measure the Company's lease liabilities: As of December 31, Weighted-Average Discount Rate 2024 2023 Operating leases 4.96 % 4.27 % Finance leases 4.19 % 3.77 % Supplemental Cash Flow Information Related to Leases Year Ended December 31, (in thousands) 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 33,094 $ 30,467 $ 30,294 Financing cash flows from finance leases 1,185 1,270 1,782 Right-of-use assets obtained in exchange for lease obligations: Operating leases 72,196 48,569 36,056 Maturity Analysis of Leases Liabilities December 31, 2024 (in thousands) Operating Leases Finance Leases Total 2025 $ 29,882 $ 2,338 $ 32,220 2026 21,028 2,414 23,442 2027 13,808 2,229 16,037 2028 7,456 2,075 9,531 2029 4,038 2,394 6,432 Thereafter 62,350 1,986 64,336 Total lease payments 138,562 13,436 151,998 Less: interest 47,477 1,936 49,413 Total $ 91,085 $ 11,500 $ 102,585 December 31, 2023 (in thousands) Operating Leases Finance Leases Total 2024 $ 23,790 $ 1,447 $ 25,237 2025 14,518 1,456 15,974 2026 8,755 1,462 10,217 2027 5,225 1,471 6,696 2028 1,714 1,481 3,195 Thereafter 5,076 3,488 8,564 Total lease payments 59,078 10,805 69,883 Less: interest 5,097 1,792 6,889 Total $ 53,981 $ 9,013 $ 62,994

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation activities The Company is party to litigation, or threats thereof, both as defendant and plaintiff with some regularity, although individual cases that are material in size occur infrequently. As a defendant, the Company establishes reserves for claimed amounts that are considered probable and capable of estimation. If those cases are resolved for lesser amounts, the excess reserves are taken into income and, conversely, if those cases are resolved for larger than the amount the Company has accrued, the Company records additional expense. The Company believes it is unlikely that the results of its current legal proceedings for which it is the defendant, even if unfavorable, will be material. As a plaintiff, amounts that are collected can also result in sudden, non-recurring income. Litigation results depend upon a variety of factors, including the availability of evidence, the credibility of witnesses, the performance of counsel, the state of the law, and the impressions of judges and jurors, any of which can be critical in importance, yet difficult, if not impossible, to predict. Consequently, cases currently pending, or future matters, may result in unexpected, and non-recurring losses, or income, from time to time. Finally, litigation results are often subject to judicial reconsideration, appeal and further negotiation by the parties, and as a result, the final impact of a particular judicial decision may be unknown for some time or may result in continued reserves to account for the potential of such post-verdict actions. The estimated losses for outstanding claims that are considered reasonably possible and estimable are not material.

Stock Compensation Plans

Stock Compensation Plans	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Stock Compensation Plans	Stock Compensation Plans The Company's 2019 Long-Term Incentive Compensation Plan, dated February 22, 2019, and subsequently approved by shareholders on May 10, 2019, and amended and restated on May 6, 2022, is authorized to issue up to 7.0 million shares of common stock as options, share appreciation rights, restricted shares and units, performance shares and units and other stock or cash-based awards. Approximately 3.1 million shares remain available for issuance at December 31, 2024. Stock-based compensation expense for all stock-based compensation awards is based on the grant-date fair value. The Company recognizes these compensation costs on a straight-line basis over the requisite service period of the award and recognizes forfeitures as they occur. Stock compensation expense recognized in Operating, administrative and general expenses within the Consolidated Statements of Operations was $13.6 million, $12.9 million, and $11.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. Restricted Stock Awards & Units ("RSUs") These awards are contingent to requisite service periods established within the grant documents and range from 1 to 3 years. RSUs graded vest in conjunction with the requisite service period. Total restricted stock expense is equal to the market value of the Company's common shares on the date of the award and is recognized over the requisite service period on a straight-line basis. A summary of the status of the Company's non-vested RSUs as of December 31, 2024, and changes during the period then ended, is presented below: Shares (in thousands) Weighted-Average Grant-Date Fair Value Non-vested at January 1, 2024 248 $ 41.74 Granted 147 48.93 Vested (145) 34.61 Forfeited (7) 49.21 Non-vested at December 31, 2024 243 $ 50.16 Year Ended December 31, 2024 2023 2022 Total fair value of shares vested (in thousands) $ 5,022 $ 4,369 $ 7,465 Weighted-average fair value of RSUs granted $ 48.93 $ 44.84 $ 43.38 As of December 31, 2024, there was $4.4 million of total unrecognized compensation cost related to non-vested RSUs that is expected to be recognized over a weighted-average period of 1.4 years. Earnings Per Share-Based Performance Share Units with Total Shareholder Return Modifier (“Modified PSUs”) Beginning in 2024, the Company began granting Modified PSUs. Each Modified PSU gives the participant the right to receive common shares dependent on both a performance condition (achievement of defined EPS levels) and a market condition (ranking of total shareholder return in comparison to our peer group) over a 3-year period. At the end of the period, the number of shares of stock issued from the target award will be determined by both company performance and market performance of the Company when compared to the peer group. The fair value of the Modified PSUs is estimated based on the market value of the Company's common shares on the date of the award in combination with a Monte Carlo Simulation to place a value on the modifier component of the award. A summary of the status of the Company's Modified PSUs as of December 31, 2024, and changes during the period then ended, is presented below: Shares (in thousands) Weighted-Average Grant-Date Fair Value Non-vested at January 1, 2024 — $ — Granted 223 60.42 Vested — — Forfeited (5) 60.42 Non-vested at December 31, 2024 218 $ 60.42 Year Ended December 31, 2024 2023 2022 Total fair value of shares vested (in thousands) $ — $ — $ — Weighted-average fair value of Modified PSUs granted $ 60.42 $ — $ — As of December 31, 2024, there was approximately $4.7 million unrecognized compensation cost related to non-vested Modified PSUs that is expected to be recognized over a weighted-average period of 2.2 years. Earnings Per Share-Based Performance Share Units (“EPS PSUs”) Each EPS PSU gives the participant the right to receive common shares dependent on the achievement of specified performance results over a 3-year performance period. At the end of the performance period, the number of shares of stock issued will be determined by adjusting the award upward or downward from a target award. Fair value of EPS PSUs issued is based on the market value of the Company's common shares on the date of the award. The related compensation expense is recognized over the performance period when achievement of the award is probable and is adjusted for changes in the number of shares expected to be issued if changes in performance are expected. Currently, the Company is accounting for the awards granted in 2023 at 50% of the maximum available for issuance; and the awards granted in 2022 at the maximum amount available for issuance. A summary of the status of the Company's EPS PSUs as of December 31, 2024, and changes during the period then ended, is presented below: Shares (in thousands) Weighted-Average Grant-Date Fair Value Non-vested at January 1, 2024 367 $ 38.51 Granted — — Vested (136) 26.80 Forfeited (5) 45.31 Non-vested at December 31, 2024 226 $ 45.39 Year Ended December 31, 2024 2023 2022 Total fair value of shares vested (in thousands) $ 3,646 $ 2,150 $ 654 Weighted-average fair value of EPS PSUs granted $ — $ 46.04 $ 43.98 As of December 31, 2024, there was $1.0 million unrecognized compensation cost related to non-vested EPS PSUs that is expected to be recognized over a weighted-average period of 0.7 years. Total Shareholder Return-Based Performance Share Units (“TSR PSUs”) Each TSR PSU gives the participant the right to receive common shares dependent on total shareholder return on the Company's Common Shares over a 3-year period. At the end of the period, the number of shares of stock issued will be determined by adjusting the award upward or downward from a target award. No new TSR PSUs were granted during 2024. A summary of the status of the Company's TSR PSUs as of December 31, 2024, and changes during the period then ended, is presented below: Shares (in thousands) Weighted-Average Grant-Date Fair Value Non-vested at January 1, 2024 367 $ 56.01 Granted — — Vested (136) 35.66 Forfeited (5) 67.86 Non-vested at December 31, 2024 226 $ 67.97 Year Ended December 31, 2024 2023 2022 Total fair value of shares vested (in thousands) $ 4,851 $ 2,853 $ — Weighted-average fair value of TSR PSUs granted $ — $ 64.06 $ 66.90 As of December 31, 2024, there was approximately $1.5 million unrecognized compensation cost related to non-vested TSR PSUs that is expected to be recognized over a weighted-average period of 0.7 years. Employee Share Purchase Plan (the “ESP Plan”) The ESP Plan allows employees to purchase common shares through payroll withholdings. The Company's 2004 ESP Plan, restated and amended in 2023, is authorized to issue up to 500 thousand common shares. The Company has approximately 257 thousand common shares remaining available for issuance to and purchase by employees under this plan. The ESP Plan also contains an option component. The purchase price per share under the ESP Plan is the lower of the market price at the beginning or end of the year. The Company records a liability for withholdings not yet applied towards the purchase of common stock. This liability is included in Accrued expenses and other current liabilities on the Consolidated Balance Sheets. The fair value of the option component of the ESP Plan is estimated at the date of grant under the Black-Scholes option pricing model with the following assumptions at the grant date. Expected volatility was estimated based on the historical volatility of the Company's common shares over the past year. The average expected life was based on the contractual term of the plan. The risk-free rate is based on the U.S. Treasury yield curve rate with a one year term. Forfeitures are estimated at the date of grant based on historical experience. Year Ended December 31, 2024 2023 2022 Risk free interest rate 4.79 % 4.73 % 0.39 % Dividend yield 1.29 % 2.07 % 1.82 % Volatility factor of the expected market price of the common shares 36 % 53 % 38 % Expected life for the options (in years) 1.0 1.0 1.0

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2024, 2023, and 2022 are as follows: (in thousands) Trade Renewables Nutrient & Industrial Total Balance at January 1, 2022 $ 119,867 $ 8,789 $ 686 $ 129,342 Acquisitions — — — — Balance at December 31, 2022 119,867 8,789 686 129,342 Disposals (a) (800) — — (800) Impairments — — (686) (686) Balance at December 31, 2023 119,067 8,789 — 127,856 Acquisitions — — — — Balance at December 31, 2024 $ 119,067 $ 8,789 $ — $ 127,856 (a) Removal of allocated goodwill due to the sale of a grain asset location in Nebraska. Goodwill for the Trade segment is $119.1 million as of December 31, 2024, which is net of prior years' accumulated impairment losses of $46.4 million. All goodwill for the Nutrient & Industrial segment has been fully impaired, with net accumulated impairment losses $69.6 million. The Company had goodwill of approximately $127.9 million at December 31, 2024, which includes $77.8 million related to the Company's Grain Storage and Merchandising ("GSM") reporting unit, $41.3 million related to the Company's Food and Specialty Ingredients ("FSI") reporting unit, and $8.8 million related to the Company's Renewables reporting unit. Goodwill is tested for impairment annually as of October 1, or more frequently if impairment indicators arise. The Company uses a one-step quantitative approach that compares the business enterprise value ("BEV") of each reporting unit with its carrying value. The BEV was computed based on both an income approach (discounted cash flows) and a market approach. The income approach uses a reporting unit's estimated future cash flows, discounted at the weighted-average cost of capital ("WACC") of a hypothetical third-party buyer. The WACC is the rate used to discount each reporting unit’s estimated future cash flows. The WACC is calculated based on the proportionate weighting of the cost of debt and equity. The cost of equity is based on a risk-free interest rate and an equity risk factor, which is derived from public companies similar to the reporting units and which captures the perceived risks and uncertainties associated with the reporting unit's cash flows. The cost of debt is the rate that a prudent investor would require to lend money to the reporting units on an after-tax basis and is estimated based on a market-derived analysis of corporate bond yields. The cost of debt and equity is weighted based on the debt-to-market capitalization ratio of publicly traded companies with similarities to the reporting units being tested. The WACC applied in each reporting unit's last quantitative test ranged from 10.00% to 10.25%, which includes a company specific risk premium range from 2.0% to 2.5%. Differences in the WACC used between reporting units is primarily due to distinct risks and uncertainties regarding the cash flows of the different reporting units. The market approach estimates fair value by applying cash flow multiples to the reporting unit's operating performance. The multiples are derived from comparable publicly traded companies with similar operating and investment characteristics to the reporting unit. Any excess of the carrying value of the goodwill over the BEV will be recorded as an impairment loss. The calculation of the BEV is based on significant unobservable inputs, such as price trends, customer demand, material costs and discount rates, and are classified as Level 3 in the fair value hierarchy. There can be no assurance that anticipated financial results will be achieved and the goodwill balances remain susceptible to future impairment charges. The goodwill related to the GSM and FSI reporting units are determined to have the greatest risk of future impairment charges given the difference (approximately 15% and 26%, respectively) between the BEV and carrying value of these reporting units as of the Company's annual impairment test date. Management performed a qualitative test for the Renewables reporting unit and determined that it was highly unlikely that the BEV is less than its carrying amount. If the Company's projected future cash flows were lower, or if the assumed weighted-average cost of capital were higher, the testing performed at year-end may have indicated an impairment of the goodwill related to one or more of the Company's reporting units. Any impairment charges that the Company may take in the future could be material to its Consolidated Statements of Operations and financial condition. The Company recorded no goodwill impairment charges in the years ended December 31, 2024, and 2022. The Company recorded approximately $0.7 million of goodwill impairment charges in the year ended December 31, 2023. The Company's other intangible assets are as follows: December 31, 2024 2023 (in thousands) Useful Life Original Cost Accumulated Amortization Net Book Value Original Cost Accumulated Amortization Net Book Value Intangible asset class Customer lists 3 to 10 $ 153,410 $ 97,645 $ 55,765 $ 149,880 $ 83,823 $ 66,057 Non-compete agreements 1 to 7 22,277 21,756 521 22,240 21,514 726 Supply agreement 10 to 10 8,720 8,720 — 8,720 8,374 346 Technology 10 to 10 13,399 12,898 501 13,400 11,558 1,842 Trademarks and patents 7 to 10 16,049 15,437 612 15,810 14,302 1,508 Software 2 to 10 91,615 80,054 11,561 89,241 74,541 14,700 Other 3 to 5 842 457 385 843 443 400 $ 306,312 $ 236,967 $ 69,345 $ 300,134 $ 214,555 $ 85,579

Other Income, Net

Other Income, Net	12 Months Ended
	Dec. 31, 2024
Other Income and Expenses [Abstract]
Other Income, Net	Other Income, Net The following table sets forth the items in Other income, net for the periods presented below: Year Ended December 31, (in thousands) 2024 2023 2022 Interest income $ 21,093 $ 13,007 $ 3,000 Property insurance recoveries 9,781 11,807 10,632 Gain on deconsolidation of joint venture 3,117 6,544 — Patronage income 3,604 3,046 4,457 Gain on sale of assets and business, net — 5,782 1,685 Biofuel Producer Program funds — 2,190 17,643 Other 4,616 8,107 (3,594) Total $ 42,211 $ 50,483 $ 33,823 Individually significant items included in the table above are: Interest income - The vast majority of interest income recorded by the Company was due to the amount of cash and cash equivalents on hand in all periods presented. Property insurance recoveries - In 2024, property insurance recoveries consisted of $4.9 million related to a prior period bin collapse at an Indiana grain facility, $3.1 million from a prior period incident at the Company's port facility in Texas, and $1.7 million related to a prior period fire at a Michigan grain asset. In 2023, property insurance recoveries consisted of $5.5 million related to a prior period fire at a Michigan grain asset, $2.7 million related to a prior period bin collapse at a Indiana grain facility in the prior year, and $1.5 million related to a prior period conveyor collapse at a Louisiana grain asset. In 2022, property insurance recoveries consisted of $5.0 million related to a prior period bin collapse at an Indiana grain facility,$3.0 million relating to a prior period incident at the Company's port facility in Texas, and $2.6 million related to a prior period conveyor collapse at a Louisiana grain asset. Gain on deconsolidation of joint venture - On April 18, 2023, ELEMENT was placed into receivership. As the receiver took control of ELEMENT, under the VIE consolidation model, the Company deemed to have lost control of the entity and therefore deconsolidated ELEMENT from its Consolidated Financial Statements. As a result of these activities, the Company recognized a gain on deconsolidation. See footnote 19 for additional information. Patronage income - As part of the Company's normal operations it relies heavily on short-term lines of credit in order to support working capital needs in addition to long-term debt presented on the Consolidated Balance Sheets. As part of these programs the Company receives patronage income from its lenders. Gain on sale of assets and businesses - In 2023, the vast majority of the gain was from the sale of a Nebraska grain facility of $5.6 million. In 2022, the gain consisted of several individually immaterial items. Biofuel Producer Program funds

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share (in thousands except per common share data) Year Ended December 31, 2024 2023 2022 Numerator: Net income from continuing operations $ 170,700 $ 132,529 $ 154,954 Net income attributable to noncontrolling interests (a) 56,688 31,339 35,899 Net income attributable to The Andersons Inc. common shareholders from continuing operations $ 114,012 $ 101,190 $ 119,055 Income from discontinued operations, net of income taxes $ — $ — $ 12,025 Denominator: Weighted-average shares outstanding – basic 34,032 33,718 33,731 Effect of dilutive awards 290 664 691 Weighted-average shares outstanding – diluted 34,322 34,382 34,422 Earnings per share attributable to The Andersons, Inc. common shareholders: Basic earnings: Continuing operations $ 3.35 $ 3.00 $ 3.53 Discontinued operations — — 0.36 $ 3.35 $ 3.00 $ 3.89 Diluted earnings: Continuing operations $ 3.32 $ 2.94 $ 3.46 Discontinued operations — — 0.35 $ 3.32 $ 2.94 $ 3.81 (a) All Net income attributable to noncontrolling interests is within the continuing operations of the Company. Antidilutive shares were de minimis for all periods presented above.

ELEMENT

ELEMENT	12 Months Ended
	Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure	ELEMENT ELEMENT was structured as a limited liability company established for the primary purpose of producing ethanol and additional co-products such as distiller’s dried grain and corn oil. The facility located in Colwich, Kansas, was designed to produce 70 million gallons of ethanol per year and began operations in August 2019. The Company holds 51% of the membership units and ICM owns the remaining 49% of the membership units. The Company had acted as the manager of the facility, responsibilities which were assumed per the Management Services Agreement dated January 1, 2021. ELEMENT was concluded to be a VIE and had been consolidated within the Company’s Consolidated Financial Statements. In early 2023, ELEMENT was unable to make its scheduled debt payments and was placed into default. The default led to an impairment triggering event, concluding in an $87.2 million impairment charge in the first quarter. On April 18, 2023, ELEMENT was placed into receivership and a receiver was appointed, which took possession and control of the rights and interests of ELEMENT. With this appointment, while retaining its investment in ELEMENT, the Company ceased to have a controlling financial interest and was no longer deemed to be the primary beneficiary in the subsidiary. Accordingly, the Company deconsolidated ELEMENT at that time and began accounting for the subsidiary as an equity method investment which resulted in a pretax gain of $18.1 million. Additionally, at the time of deconsolidation the Company had $9.6 million in raw material and fee receivables as well as $2.0 million in loans and interest due from ELEMENT that were previously eliminated in consolidation, among other minor balances. Upon deconsolidation, the fair values of these receivables and loans from ELEMENT to the Company were ascertained to have minimal value, resulting in a pretax loss of $11.6 million. The combination of this activity triggered by the ELEMENT deconsolidation resulted in a cumulative net pretax gain of $6.5 million which was recorded in Other income, net in the Condensed Consolidated Statements of Operations. On January 31, 2024, the receiver sold substantially all of the assets of ELEMENT for approximately $44.0 million. From the point of deconsolidation to December 31, 2023, the ELEMENT entity continued to incur losses and made no payments on the outstanding receivables or loan mentioned previously until the first quarter of 2024. The Company recognized an additional $3.1 million gain on deconsolidation in the first quarter of 2024 recorded in Other income, net in the Condensed Consolidated Statements of Operations as the amount of cash distributed to the Company related to its receivables from ELEMENT exceeded management's estimate at the time of deconsolidation. No equity method losses related to ELEMENT have been recorded since deconsolidation as the investment is in a negative position as of December 31, 2023, and 2024.

Business Acquisition

Business Acquisition	12 Months Ended
	Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Business Acquisition	Business Acquisition On November 1, 2024, the Company entered into a definitive purchase agreement for a 65% ownership interest in Skyland for $85.0 million, subject to customary working capital adjustments. Skyland operates grain storage and handling facilities in Kansas, Colorado, Oklahoma, and Texas. It also operates three cotton gins, a full-service agronomy sales and service division, and a retail and wholesale fuel sales and delivery division. The purchase was completed on November 1, 2024, and funded by cash on hand. The transaction enables the Company to expand its core grain and fertilizer businesses across strategic markets, including Kansas, Oklahoma, Colorado, and Texas. The Company's 65% ownership of Skyland's equity resulted in the consolidation of Skyland’s results in the Company's Consolidated Financial Statements in both the Trade and Nutrient & Industrial segments. The purchase price allocation is preliminary. We are in the process of completing the purchase price allocation associated with the Skyland business combination and as a result, the provisional measurements of the assets and liabilities acquired are subject to change. During the measurement period, we will continue to obtain information to assist in finalizing the fair value of assets acquired and liabilities assumed, which may differ materially from these preliminary estimates. If we determine any measurement period adjustments are material, we will apply those adjustments, including any related impacts to net income, in the reporting period in which the adjustments are determined. A summary of the preliminary purchase price consideration and preliminary purchase price allocation as of December 31, 2024, is as follows: (in thousands) Cash consideration paid $ 85,000 Total purchase price consideration 85,000 Cash and cash equivalents $ 65,388 Accounts receivable 47,963 Notes receivable 2,868 Inventories 220,547 Other current assets 21,396 Right of use assets 14,549 Other assets, net 1,334 Investments 12,932 Property, plant and equipment, net 136,199 523,176 Trade and other payables 74,528 Short-term debt 218,989 Current maturities of long-term debt 11,247 Accrued expense and other current liabilities 14,099 Other liabilities 14,992 Long-term debt 58,552 392,407 Noncontrolling interest 45,769 Net assets acquired $ 85,000 The fair value in the opening balance sheet of the 35% noncontrolling interest in Skyland was estimated to be $45.8 million. The fair value was estimated based on 35% of the total equity value of Skyland based on the transaction price for the 65% stake in Skyland, considering the consideration transferred noted above. Acquisition costs incurred were $2.4 million and recorded in Operating, general and administrative expenses in the Statements of Operations. Pro Forma Financial Information (Unaudited) The summary pro forma financial information for the periods presented below gives effect to the Skyland acquisition as if it had occurred at January 1, 2023. Year ended December 31, (in thousands) 2024 2023 Net sales $ 11,932,528 $ 15,865,304 Net income 170,592 24,858 Pro forma net income was also adjusted to account for the tax effects of the pro forma adjustments noted above using a blended federal, state, and local tax rate of 25%. Pro forma financial information is not necessarily indicative of the Company's actual results of operations if the acquisition had been completed at the date indicated, nor is it necessarily an indication of future operating results. Amounts do not include any operating efficiencies or cost savings that the Company believes are achievable.

Schedule II - Consolidated Valu

Schedule II - Consolidated Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Consolidated Valuation and Qualifying Accounts	SCHEDULE II - CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS Additions Description (in thousands) Balance at Beginning of Period Charged to Costs and Expenses Charged to Other Accounts (1) Deductions (2) Balance at End of Period Allowance for doubtful accounts receivable 2024 $ 35,939 $ 17,637 $ — $ (5,251) $ 48,325 2023 26,392 11,519 — (1,972) 35,939 2022 6,911 4,249 17,168 (1,936) 26,392 (1) In 2022, the Company reclassified reserves within Commodity derivative assets to reserves within accounts receivable of approximately $14.5 million from reserves on open contract equity positions now transferred into the form of a receivable. The Company also reclassified Accounts receivable and the associated allowance for doubtful accounts of $2.7 million related to the legacy Rail business from discontinued operations to continuing operations as a result of residual accounts receivable not being included with the sale of the remainder of the Rail business. (2) Uncollectible accounts written off, net of recoveries and adjustments to estimates for the allowance for doubtful accounts receivable accounts.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss) Attributable to Parent	$ 114,012	$ 101,190	$ 131,080

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	The Company is committed to ensuring the safe operation of its business by means of a dedicated cybersecurity program designed to protect the confidentiality, integrity, and availability of its assets from cybersecurity threats. The Company’s customers, suppliers, and joint venture partners also face cybersecurity threats, and a cybersecurity incident impacting the Company or any of these entities could materially impact our operations, performance, and results of operations. New and evolving cybersecurity threats and related risks make it imperative that the Company allocates the appropriate resources to mitigate these risks, adapts to the changing cybersecurity landscape, and responds to emerging threats in a timely and effective manner. The underlying controls of the Company’s cybersecurity program are designed to be aligned with the National Institute of Standards and Technology Cybersecurity Framework (“NIST CSF”) standards for cybersecurity and information technology. The controls in the Company’s cybersecurity program include but are not limited to, endpoint threat detection and response, privileged access management, logging and monitoring, multi-factor authentication, firewalls and intrusion detection and prevention, vulnerability, and patch management. Management regularly assesses the Company’s cybersecurity capabilities and has implemented policies, processes, and technology that it considers appropriate to reduce the likelihood or impact of a breach. Third parties also play a role in the Company’s cybersecurity. The Company engages third-party contractors to assess cybersecurity controls, whether through penetration testing, independent audits, or consulting on best practices to address new challenges. These assessments include testing both the design and operational effectiveness of these cybersecurity controls. The Company engages with these partners to monitor and maintain the performance and effectiveness of products and services that are deployed in the Company’s information technology environment. Management also shares and receives threat intelligence with our peers, local public companies, and cybersecurity associations. The Company’s Director of Information Security ("CISO"), reporting to the Chief Information Officer ("CIO"), is the leader of the Company’s cybersecurity team. The CISO is responsible for assessing and managing the Company’s cybersecurity program, informs the CIO and other senior management as appropriate regarding the prevention, detection, mitigation, and remediation of cybersecurity incidents and supervises such efforts. Our CISO and CIO have decades of collective experience managing information technology and cybersecurity functions, both at the Company and in prior positions at large, Fortune 500 global businesses. Management also periodically evaluates the experience of the Company’s entire cybersecurity team to ensure adequate coverage across all eight key knowledge domains identified by the Certified Information Systems Security Professional certification. Employees outside of the cybersecurity team also have a role in our cybersecurity defenses and they are engaged in a culture supportive of security protocols, which management believes improves the Company’s cybersecurity. All employees are required to complete cybersecurity trainings annually and have access to more frequent cybersecurity trainings through online trainings. We also require employees in certain roles to complete additional role-based, specialized cybersecurity trainings. The internal business owners of hosted applications are required to document user access reviews at least annually and receive a System and Organization Controls ("SOC") 1 or SOC 2 report from the vendor. If a third-party vendor is not able to provide a SOC 1 or SOC 2 report, management will take additional steps to assess the vendor’s cybersecurity preparedness. The Audit Committee of the Board of Directors oversees the Company’s cybersecurity program and the steps taken by management to monitor and mitigate cybersecurity risks. The CIO regularly addresses the Audit Committee, typically on a quarterly basis, regarding our cybersecurity and data privacy progress to the NIST CSF standards along with briefing the Committee on any cybersecurity incidents that were determined to have a moderate or higher impact on the business, even if immaterial to the Company as a whole. In the event of an incident, management intends to follow the Company’s incident response plan, which outlines the steps to be followed from the detection of an incident to mitigation, recovery, and notification, including notifying functional areas, as well as senior leadership and the Audit Committee, as appropriate. Determination of when to notify senior leadership and the Audit Committee is made by the CIO in consultation with other members of senior leadership as needed. Depending on the nature and severity of the incident, disclosure can be handled either through scheduled quarterly reporting to the Audit Committee or as an immediate disclosure to the Chair of the Audit Committee. Assessing, identifying, and managing cybersecurity related risks are integrated into the Company-wide ERM process. On an annual basis, management assesses the top risks facing the enterprise through the Company’s ERM process. Cybersecurity related risks are included in this annual function and to the extent the ERM process assigns a heightened risk to cybersecurity, risk owners are named to address the severity, likelihood, and controls in place to mitigate these risks. Upon the conclusion of the ERM process, management’s assessment is then presented to the Board of Directors. Notwithstanding the attention the Company pays to cybersecurity risks and the processes and controls implemented, the Company may not be successful in preventing or mitigating a cybersecurity incident that could have a material adverse effect on its business, strategy, financial condition, results of operations, cash flows, and reputation. Cybersecurity risks rapidly evolve and are complex, so the Company must continually adapt and enhance processes and controls. As the Company does this, management must make judgments about where to invest resources to protect the Company and our assets most effectively. These are inherently challenging processes, and management can provide no assurance that the processes and controls implemented will be effective. The Company has experienced, and expects to continue to experience, cyber incidents in the normal course of business. Cybersecurity threats, including as a result of previous incidents, to date, have not had, and as of the date hereof we do not believe are reasonably likely to have, a material adverse effect on the Company’s business, strategy, financial condition, results of operations, or cash flows. However, for the reasons described above, management cannot guarantee that the Company will not be materially affected in the future. While the Company maintains cybersecurity insurance, the costs related to cybersecurity threats or disruptions may not be fully insured. See Item 1A. “Risk Factors” for further discussion of cybersecurity risks.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	On an annual basis, management assesses the top risks facing the enterprise through the Company’s ERM process
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	The Audit Committee of the Board of Directors oversees the Company’s cybersecurity program and the steps taken by management to monitor and mitigate cybersecurity risks. The CIO regularly addresses the Audit Committee, typically on a quarterly basis, regarding our cybersecurity and data privacy progress to the NIST CSF standards along with briefing the Committee on any cybersecurity incidents that were determined to have a moderate or higher impact on the business, even if immaterial to the Company as a whole. In the event of an incident, management intends to follow the Company’s incident response plan, which outlines the steps to be followed from the detection of an incident to mitigation, recovery, and notification, including notifying functional areas, as well as senior leadership and the Audit Committee, as appropriate. Determination of when to notify senior leadership and the Audit Committee is made by the CIO in consultation with other members of senior leadership as needed. Depending on the nature and severity of the incident, disclosure can be handled either through scheduled quarterly reporting to the Audit Committee or as an immediate disclosure to the Chair of the Audit Committee.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	The CIO regularly addresses the Audit Committee, typically on a quarterly basis, regarding our cybersecurity and data privacy progress to the NIST CSF standards along with briefing the Committee on any cybersecurity incidents that were determined to have a moderate or higher impact on the business, even if immaterial to the Company as a whole
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	In the event of an incident, management intends to follow the Company’s incident response plan, which outlines the steps to be followed from the detection of an incident to mitigation, recovery, and notification, including notifying functional areas, as well as senior leadership and the Audit Committee, as appropriate. Determination of when to notify senior leadership and the Audit Committee is made by the CIO in consultation with other members of senior leadership as needed
Cybersecurity Risk Role of Management [Text Block]	Depending on the nature and severity of the incident, disclosure can be handled either through scheduled quarterly reporting to the Audit Committee or as an immediate disclosure to the Chair of the Audit Committee.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	The CISO is responsible for assessing and managing the Company’s cybersecurity program, informs the CIO and other senior management as appropriate regarding the prevention, detection, mitigation, and remediation of cybersecurity incidents and supervises such efforts
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our CISO and CIO have decades of collective experience managing information technology and cybersecurity functions, both at the Company and in prior positions at large, Fortune 500 global businesses
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	Upon the conclusion of the ERM process, management’s assessment is then presented to the Board of Directors.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Basis of Consolidation	Basis of Consolidation These Consolidated Financial Statements include the accounts of The Andersons, Inc. and its wholly owned and controlled subsidiaries (the “Company”). All intercompany accounts and transactions are eliminated in consolidation. Investments in unconsolidated entities in which the Company has significant influence, but not control, are accounted for using the equity method of accounting. In 2021, The Company executed a definitive agreement to sell the Rail Leasing business. In conjunction with the sale of the Rail Leasing business, the Company announced its intent to divest the remainder of the Rail business which it successfully sold in the third quarter of 2022. These transactions effectively constitute the entirety of what has historically been included in the Rail reportable segment. Therefore, the associated operating results, net of income tax, have been classified as discontinued operations in the accompanying Consolidated Statements of Operations for all periods presented. The Company consolidates any VIE of which it is the primary beneficiary. The typical condition for a controlling financial interest ownership is holding a majority of the voting interests of an entity; however, a controlling financial interest may also exist in entities, such as VIEs, through arrangements that do not involve controlling voting interests. A variable interest holder is required to consolidate a VIE if that party has the power to direct the activities of the VIE that most significantly impact the VIE's economic performance and the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. The Company does not consolidate a VIE in which it has a majority ownership interest when the Company is not considered the primary beneficiary. The Company evaluates its relationships with the VIEs on an ongoing basis to determine if it is the primary beneficiary. The Company's Condensed Consolidated Financial Statements include the assets, liabilities and results of operations of VIEs for which the Company is deemed to be the primary beneficiary. The other equity holders’ interests are reflected in "Net income attributable to noncontrolling interests" in the Condensed Consolidated Statements of Operations and "Noncontrolling interests" in the Condensed Consolidated Balance Sheets. On October 1, 2019, the Company formed TAMH with Marathon for the primary purpose of producing ethanol and additional co-products such as dried distillers grains and corn oil. TAMH has plants located in Iowa, Indiana, Michigan, and Ohio. The plants have a combined nameplate production capacity of 405 million gallons of ethanol but have a history of outperforming the nameplate capacity. The Company owns 50.1% of TAMH's common units and management has determined that TAMH is a VIE in which the Company is the primary beneficiary. Accordingly, TAMH is consolidated within the Company’s Consolidated Financial Statements and records noncontrolling interest for the share of the entity owned by Marathon. ELEMENT was structured as a limited liability company which began operations in 2019 for the primary purpose of producing ethanol and additional co-products such as dried distillers grain and corn oil. The Company held 51% of the membership units and the Company had acted as the manager of the facility. As a result, ELEMENT was concluded to be a VIE in which the Company was the primary beneficiary and had been consolidated within the Company’s Consolidated Financial Statements. On April 18, 2023, ELEMENT was placed into receivership and a receiver was appointed, which took possession and control of the rights and interests of ELEMENT. With this appointment, while retaining its investment in ELEMENT, the Company ceased to have a controlling financial interest and was no longer deemed to be the primary beneficiary in the subsidiary. Accordingly, the Company deconsolidated ELEMENT at that time and began accounting for the subsidiary as an equity method investment. Operating results from January 1, 2023, to April 18, 2023, and the year ended December 31, 2022, are included within the Consolidated Statements of Operations. The creditors of the consolidated VIEs do not have recourse to the Company other than to the assets of the consolidated VIEs. The following table summarizes the carrying amounts of the assets and liabilities of TAMH, the Company's only consolidated VIE for the periods presented in the Company’s Condensed Consolidated Balance Sheets:
Use of Estimates and Assumptions	Use of Estimates and Assumptions
Cash and Cash Equivalents	Cash and Cash Equivalents
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts Trade accounts receivable are recorded at the invoiced amount and may bear interest if past due. The allowance for doubtful accounts is the best estimate of the current expected credit losses in existing accounts receivable and is reviewed quarterly. The allowance is based both on specific identification of potentially uncollectible accounts and the application of a consistent policy, based on historical experience, to estimate the allowance necessary for the remaining accounts receivable. For those customers that are thought to be at higher risk, the Company makes assumptions as to collectability based on past history and facts about the current situation. Account balances are charged off against the allowance when it becomes more certain that the receivable will not be recovered. The Company manages its exposure to counterparty credit risk through credit analysis and approvals, credit limits and monitoring procedures.
Commodity Derivatives and Inventories	Commodity Derivatives and Inventories The Company's operating results can be affected by changes to commodity prices. The Trade and Renewables businesses have established “unhedged” position limits (the amount of a commodity, either owned or contracted for, that does not have an offsetting derivative contract to mitigate the price risk associated with those contracts and inventory). To reduce the exposure to market price risk on commodities owned and forward commodity and ethanol purchase and sale contracts, the Company enters into exchange traded commodity futures and options contracts and over-the-counter forward and option contracts with various counterparties. The forward purchase and sale contracts are for physical delivery of the commodity in a future period. Contracts to purchase commodities from producers generally relate to the current or future crop years for delivery periods quoted by regulated commodity exchanges. Contracts for the sale of commodities to processors or other commercial consumers generally do not extend beyond one year. The Company accounts for its commodity derivatives at fair value. The estimated fair value of the commodity derivative contracts that require the receipt or posting of cash collateral is recorded on a net basis (offset against cash collateral posted or received, also known as margin deposits) within commodity derivative assets or liabilities. Management determines fair value based on exchange-quoted prices and in the case of its forward purchase and sale contracts, fair value is adjusted for differences in local markets and non-performance risk. While the Company considers certain of its commodity contracts to be effective economic hedges, the Company does not designate or account for its commodity contracts as hedges. Realized and unrealized gains and losses in the value of commodity contracts (whether due to changes in commodity prices, changes in performance or credit risk, or due to sale, maturity or extinguishment of the commodity contract) and commodity inventories are included in Cost of sales and merchandising revenues in the Consolidated Statements of Operations. Additional information about the fair value of the Company's commodity derivatives is presented in Notes 5 and 10 to the Consolidated Financial Statements. Readily Marketable Inventories, which are grain and other agricultural commodities, may be acquired under provisionally priced contracts, are stated at their net realizable value, which approximates estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. At times the Company holds a portion of RMI within its facilities for others. Our storage facilities are licensed warehouses and must be bonded and insured for its capacity under license and is obligated to return to the title holder of the RMI an equal quantity and quality. The Company does not have title to the inventory and is only liable for any deficiencies in grade or shortage of quantity that may arise during the storage period. Management has not experienced historical losses with regard to any deficiencies and does not anticipate material losses in the future. All other inventories are stated at the lower of cost or net realizable value. Cost is determined by the average cost method. Additional information about inventories is presented in Note 2 to the Consolidated Financial Statements.
Derivatives - Master Netting Arrangements	Derivatives - Master Netting Arrangements Generally accepted accounting principles permit a party to a master netting arrangement to offset fair value amounts recognized for derivative instruments against the right to reclaim cash collateral or obligation to return cash collateral under the same master netting arrangement. The Company has master netting arrangements for its exchange traded futures and options contracts and certain over-the-counter contracts. When the Company enters into a futures, options or an over-the-counter contract, an initial margin deposit may be required by the counterparty. The amount of the margin deposit varies by commodity. If the market price of a futures, option or an over-the-counter contract moves in a direction that is adverse to the Company's position, an additional margin deposit, called a maintenance margin, is required. The Company nets, by counterparty, its futures and over-the-counter positions against the cash collateral provided or received. The margin deposit assets and liabilities are included in short-term commodity derivative assets or liabilities, as appropriate, in the Consolidated Balance Sheets. Additional information about the Company's master netting arrangements is presented in Note 5 to the Consolidated Financial Statements.
Derivatives - Interest Rate and Foreign Currency Contracts	Derivatives - Interest Rate and Foreign Currency Contracts The Company periodically enters into interest rate contracts to manage interest rate risk on borrowing or financing activities. The Company has long-term interest rate swaps that expire from 2025 to 2031 recorded within the Consolidated Balance Sheets in either other current assets or liabilities (if short-term in nature) or in other assets or other long-term liabilities (if non-current in nature) and have been designated as cash flow hedges; accordingly, changes in the fair value of the instruments are recognized in Other comprehensive income in the Consolidated Balance Sheets. While the Company considers all of its derivative positions to be effective economic hedges of specified risks, these interest rate contracts for which hedge accounting is not applied are recorded on the Consolidated Balance Sheets in either other current assets or liabilities (if short-term in nature) or in other assets or other long-term liabilities (if non-current in nature), and changes in fair value are recognized in current earnings as interest expense. When interest rate derivatives are settled prior to maturity, the gain or loss is recognized in Other income, net within the Consolidated Statements of Operations. Information regarding the nature and terms of the Company's interest rate derivatives is presented in Note 5 to the Consolidated Financial Statements.
Property, Plant and Equipment	Property, Plant and Equipment
Deferred Debt Issue Costs	Deferred Debt Issuance Costs Costs associated with the issuance of term debt are deferred and recorded net with debt. Costs associated with revolving credit agreements are recorded as a deferred asset. These costs are amortized, as a component of interest expense, over the earlier of the stated term of the debt or the period from the issue date through the first early payoff date without penalty, or the expected payoff date if the loan does not contain a prepayment penalty. Deferred costs associated with the borrowing arrangement with a syndication of banks are amortized over the term of the agreement.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill is subject to an annual impairment test or more often when events or circumstances indicate that the carrying amount of goodwill may be impaired. A goodwill impairment loss is recognized to the extent the carrying amount of goodwill exceeds the business enterprise value. Additional information about the Company's goodwill and other intangible assets is presented in Note 16 to the Consolidated Financial Statements. Acquired intangible assets are recorded at cost, less accumulated amortization, if not indefinite lived. In addition, we capitalize the salaries and payroll-related costs of employees and consultants who devote time to the development of internal-use software projects. If a project constitutes an enhancement to previously developed software, we assess whether the enhancement is significant and creates additional functionality to the software, thus qualifying the work incurred for capitalization. Once a project is complete, we estimate the useful life of the internal-use software. Changes in our estimates related to internal-use software would increase or decrease operating expenses or amortization recorded during the period. Amortization of intangible assets is provided over their estimated useful lives (generally 1 to 10 years) using the straight-line method.
Impairment of Long-lived Assets and Equity Method Investments	Impairment of Long-lived Assets and Equity Method Investments Long-lived assets, including intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of assets to be held and used is measured by comparing the carrying amount of the assets to the undiscounted future net cash flows the Company expects to generate with the assets. If such assets are considered to be impaired, the Company recognizes an impairment loss for the amount by which the carrying amount of the assets exceeds the fair value of the assets.
Provisionally Priced Grain Contracts	Provisionally Priced Commodity Contracts Accounts payable includes certain amounts related to commodity purchases for which, even though the Company has taken ownership and possession of the commodity, the final purchase price has not been fully established. If the futures and basis components are unpriced, it is referred to as a delayed price payable. If the futures component has not been established, but the basis has been set, it is referred to as a basis payable. The unpriced portion of these payables will be exposed to changes in the fair value of the underlying commodity based on quoted prices on commodity exchanges (or basis levels). Those payables that are fully priced are not considered derivative instruments.
Business Interruption Insurance	Business Interruption Insurance The Company recorded $19.4 million and $12.5 million in business interruption insurance recoveries for the years ended December 31, 2024, and 2023, respectively. These recoveries were mainly due to a prior period collapse of grain bins in Delphi, Indiana, and a prior period incident at the Company's leased port facility in Texas. As a result of the disruptions, the Trade segment incurred incremental costs and lost sales as the locations were unable to handle grain. The proceeds from these business interruption claims were included within Cost of sales and merchandising revenues in the Consolidated Statements of Operations and in Cash provided by operating activities in the Consolidated Statements of Cash Flows.
Foreign Currency Translation and Transaction	Foreign Currency Translation and Transactions Some of the Company’s foreign subsidiaries use their local currency as their functional currency. Assets and liabilities of such subsidiaries are translated from the local functional currency into U.S. Dollars at the exchange rate on the balance sheet date and revenue and expenses are translated at the average exchange rate for the period. The Company records adjustments resulting from the translation of financial statements denominated in a foreign currency as a component of Accumulated other comprehensive income within the Consolidated Balance Sheets. Transaction gains and losses related to operating assets and liabilities are included in Cost of sales and merchandising revenues in the accompanying Consolidated Statements of Operations. Net foreign currency transaction losses related to operating assets and liabilities were de minimis for the year ended December 31, 2024. The Company recorded net foreign currency transaction losses of $29.5 million in the year ended December 31, 2023 and net foreign currency transaction gains of $3.1 million for the year ended December 31, 2022. The vast majority of the foreign currency transaction losses for the year ended December 31, 2023, were related to currency liquidity issues in Egypt. Due to foreign currency challenges in Egypt, the Company made an exception to its normal practice regarding sales into the Middle East and North Africa, allowing customers to make payments in Egyptian pounds on receivables originally contracted in U.S. dollars. Based on the information available at the time, management expected to be able to convert the local currency to U.S. dollars within a relatively short timeframe and was able to use non-deliverable forward currency hedges to manage the foreign currency exposure through part of the year. As geopolitical instability and currency liquidity challenges continued to grow in the region, the non-deliverable forward currency hedges ceased to be effective, and management made the decision to limit losses and accept a lower exchange rate on these receivables.
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation expense for all stock-based compensation awards is based on the estimated grant-date fair value. The Company recognizes these compensation costs on a straight-line basis over the requisite service period of the award, adjusted for revisions to performance expectations. Additional information about the Company's stock compensation plans is presented in Note 15 to the Consolidated Financial Statements.
Per Share Data	Per Share Data We present both basic and diluted earnings per share amounts from continuing operations and discontinued operations attributable to the Company's shareholders. Basic earnings per common share are determined by dividing net earnings attributable to controlling interests by the weighted-average number of common shares outstanding. In computing diluted earnings per share, average number of common shares outstanding is increased by unvested stock awards and common stock options outstanding with exercise prices lower than the average market price of common shares using the treasury share method.
Revenue Recognition	Revenue Recognition The Company’s revenue consists of sales from commodity contracts that are accounted for under ASC 815, Derivatives and Hedging ("ASC 815"), and sales of other products and services that are accounted for under ASC 606, Revenue from Contracts with Customers ("ASC 606"). Revenue from commodity contracts (ASC 815) Revenue from commodity contracts primarily relates to forward sales of commodities in the Company’s Trade and Renewables segments, such as corn, soybeans, wheat, oats, ethanol, and corn oil, which are accounted for as derivatives at fair value under ASC 815. These forward sales meet the definition of a derivative under ASC 815 as they have an underlying (e.g., the price of corn), a notional amount (e.g., metric tons), no initial net investment and can be net settled since the commodity is readily convertible to cash. The Company does not apply the normal purchase and normal sale exception available under ASC 815 to these contracts. Revenue from commodity contracts is recognized in Sales and merchandising revenues for the contractually stated amount when the contracts are settled. Settlement of the commodity contracts generally occurs upon shipment or delivery of the product, when title and risks and rewards of ownership transfers to the customer. Prior to settlement, these forward sales contracts are recognized at fair value with the unrealized gains or losses recorded within Cost of sales and merchandising revenues. Additional information about the fair value of the Company's commodity derivatives is presented in Notes 5 and 10 to the Consolidated Financial Statements. There are certain transactions that allow for pricing to occur after title of the goods has passed to the customer. In these cases, the Company continues to report the goods in inventory until it recognizes the sales revenue once the price has been determined. Direct ship commodity sales (where the Company never takes physical possession of the commodity) are recognized based on the terms of the contract. Certain of the Company's operations provide for customer billings, deposits or prepayments for product that is stored at the Company's facilities. The sales and gross profit related to these transactions are not recognized until the product is shipped in accordance with the previously stated revenue recognition policy and these amounts are classified in the Consolidated Balance Sheets as a current liability titled “Customer prepayments and deferred revenue”. Revenue from contracts with customers (ASC 606) Information regarding our revenue from contracts with customers accounted for under ASC 606 is presented in Note 7 to the Consolidated Financial Statements. The Company recognizes revenue from these contracts at a point in time when it satisfies a performance obligation by transferring control of a product to a customer, generally when legal title and risks and rewards of ownership transfer to the customer.
Income Taxes	Income Taxes Income tax expense for each period includes current tax expense plus deferred expense, which is related to the change in deferred income tax assets and liabilities. Deferred income taxes are provided for temporary differences between the financial reporting basis and the tax basis of assets and liabilities and are measured using enacted tax rates and laws governing periods in which the differences are expected to reverse. The Company evaluates the realizability of deferred tax assets and provides a valuation allowance for amounts that management does not believe are more likely than not to be recoverable, as applicable. The annual effective tax rate is determined by the Income tax provision from continuing operations as a percentage of Income before income taxes from continuing operations within the Consolidated Statements of Operations. Differences in the effective tax rate and the statutory tax rate may be due to permanent items, tax credits, foreign tax rates and state tax rates in jurisdictions in which the Company operates, or changes in valuation allowances. The Company records reserves for uncertain tax positions when, despite the belief that tax return positions are fully supportable, it is anticipated that certain tax return positions are likely to be challenged and that the Company may not prevail. These reserves are adjusted for changing facts and circumstances, such as the progress of a tax audit or the lapse of statutes of limitations.
Employee Benefit Plans	Employee Benefit Plans
Accounting Pronouncements Not Yet Adopted	Recently issued accounting pronouncements not yet adopted In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (ASU 2023-09), which improves the transparency of income tax disclosures by requiring consistent categories and greater disaggregation of information in the effective tax rate reconciliation and income taxes paid disaggregated by jurisdiction. It also includes certain other amendments to improve the effectiveness of income tax disclosures. This ASU will be effective for the annual periods beginning the year ended December 31, 2025. Early adoption is permitted. Upon adoption, the ASU can be applied prospectively or retrospectively. We do not expect the adoption of this ASU to have a material impact on the Consolidated Financial Statements. In November 2024, the FASB issued ASU No. 2024-03, Disaggregation of Income Statement Expenses (Subtopic 220-40), which requires the disaggregated disclosure of specific expense categories, including purchases of inventory, employee compensation, depreciation, and amortization, within relevant income statement captions. This ASU also requires disclosure of the total amount of selling expenses along with the definition of selling expenses. The ASU is effective for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Adoption of this ASU can either be applied prospectively to consolidated financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all prior periods presented in the consolidated financial statements. Early adoption is also permitted. This ASU will likely result in the required additional disclosures being included in our consolidated financial statements, once adopted. We are currently evaluating the provisions of this ASU. Recently issued accounting pronouncements adopted In November 2023, the Financial Accounting Standards Board ("FASB") issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (ASU 2023-07), which requires an enhanced disclosure of significant segment expenses on an annual and interim basis. This guidance is effective for annual periods beginning with the year ended December 31, 2024, and for interim periods beginning January 1, 2025. Early adoption is permitted. The Company adopted this ASU retrospectively on December 31, 2024. Refer to Note 12, Segment Information, for the inclusion of the new required disclosures.
Fair Value Measurements	Level 1 commodity derivatives reflect the fair value of the exchange-traded futures and options contracts that the Company holds, net of the cash collateral that the Company has in its margin account. The majority of the Company’s assets and liabilities measured at fair value are based on the market approach valuation technique. With the market approach, fair value is derived using prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The Company’s net commodity derivatives primarily consist of futures or options contracts via regulated exchanges and contracts with producers or customers under which the future settlement date and bushels (or gallons in the case of ethanol contracts) of commodities to be delivered (primarily wheat, corn, soybeans and ethanol) are fixed and under which the price may or may not be fixed. Depending on the specifics of the individual contracts, the fair value is derived from the futures or options prices quoted on various exchanges for similar commodities and delivery dates as well as observable quotes for local basis adjustments (the difference, which is attributable to local market conditions, between the quoted futures price and the local cash price). Because “basis” for a particular commodity and location typically has multiple quoted prices from other agribusinesses in the same geographical vicinity and is used as a common pricing mechanism in the agribusiness industry, the Company has concluded that “basis” is typically a Level 2 fair value input for purposes of the fair value disclosure requirements related to our commodity derivatives, depending on the specific commodity. Although nonperformance risk, both of the Company and the counterparty, is present in each of these commodity contracts and is a component of the estimated fair values, based on the Company’s historical experience with its producers and customers and the Company’s knowledge of their businesses, the Company does not view nonperformance risk to be a significant input to fair value for these commodity contracts. These fair value disclosures exclude RMI which consists of agricultural commodity inventories measured at net realizable value. The net realizable value used to measure the Company’s agricultural commodity inventories is the fair value (spot price of the commodity in an exchange), less cost of disposal and transportation based on the local market. This valuation would generally be considered Level 2. The amount of RMI is disclosed in Note 2. Changes in the net realizable value of commodity inventories are recognized as a component of Cost of sales and merchandising revenues. Provisionally priced contract liabilities are those for which the Company has taken ownership and possession of grain, but the final purchase price has not been established. In the case of payables where the unpriced portion of the contract is limited to the futures price of the underlying commodity or the Company has delivered a provisionally priced grain and a subsequent payable or receivable is set up for any future changes in the grain price, quoted exchange prices are used and the liability is deemed to be Level 1 in the fair value hierarchy. For all other unpriced contracts which include variable futures and basis components, the amounts recorded for delayed price contracts are determined on the basis of local grain market prices at the balance sheet date and, as such, are deemed to be Level 2 in the fair value hierarchy.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Schedule of Variable Interest Entities	(In thousands) December 31, December 31, Assets Current assets: Cash and cash equivalents $ 47,408 $ 153,258 Accounts receivable, net 20,574 9,324 Inventories 78,221 61,270 Other current assets 4,994 6,844 Total current assets 151,197 230,696 Property, plant and equipment, net 269,918 270,379 Other assets, net 22,315 25,434 Total assets $ 443,430 $ 526,509 Liabilities Current liabilities $ 48,204 $ 51,020 Long-term liabilities 9,109 12,010 Total liabilities $ 57,313 $ 63,030

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2024
Inventory, Net [Abstract]
Schedule of Major Classes of Inventories	December 31, (in thousands) 2024 2023 Grain and other agricultural products (a) $ 951,283 $ 886,725 Energy inventories (a) 17,381 21,705 Ethanol and co-products (a) 109,528 104,349 Plant nutrients and cob products 208,619 153,921 Total $ 1,286,811 $ 1,166,700 (a) Includes RMI of $944.5 million and $862.5 million at December 31, 2024, and December 31, 2023, respectively.

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Schedule of Components of Property, Plant and Equipment	The components of property, plant and equipment are as follows: December 31, (in thousands) 2024 2023 Land $ 39,278 $ 30,912 Land improvements and leasehold improvements 88,144 82,438 Buildings and storage facilities 622,771 365,744 Machinery and equipment 1,042,529 951,544 Construction in progress 39,610 36,541 1,832,332 1,467,179 Less: accumulated depreciation (964,181) (773,814) Property, plant and equipment, net $ 868,151 $ 693,365

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-Term Debt December 31, (in thousands, except percentages) 2024 2023 Note payable, variable rate (6.01% at December 31, 2024), payable in increasing amounts plus interest, due 2029 $ 180,586 $ 191,055 Note payable, variable rate (5.88% at December 31, 2024), payable in increasing amounts plus interest, due 2027 121,289 128,320 Note payable, variable rate (6.01% at December 31, 2024), payable in increasing amounts plus interest, due 2031 92,500 97,500 Note payable, 4.50%, payable at maturity, due 2034 (a) 87,818 91,744 Note payable, variable rate (7.56% at December 31, 2024), payable in increasing amounts plus interest, due 2029 (b) 67,000 — Note payable, 4.85%, payable at maturity, due 2026 25,000 25,000 Industrial revenue bond, variable rate (4.97% at December 31, 2024), payable at maturity, due 2036 21,000 21,000 Note payable, 4.50%, payable at maturity, due 2030 16,000 16,000 Note payable, 5.00%, payable at maturity, due 2040 14,000 14,000 Note payable, 3.85%, payable at maturity, due 2029 (b) 4,500 — Note payable, 4.80%, payable at maturity, due 2026 (b) 1,499 — Note payable, 4.11%, payable at maturity, due 2026 (b) 1,378 — Note payable, 5.80%, payable at maturity, due 2028 (b) 1,088 — Note payable, 5.60%, payable at maturity, due 2025 (b) 600 — Note payable, 4.13%, payable at maturity, due 2026 (b) 553 — Note payable, 4.05%, payable at maturity, due 2026 (b) 439 — Note payable, 5.40%, payable at maturity, due 2025 (b) 93 — Finance lease obligations, due serially to 2043 (a) 7,880 9,013 Finance lease obligations, due serially to 2029 (b) 3,619 — 646,842 593,632 Less: current maturities 36,139 27,561 Less: unamortized prepaid debt issuance costs 2,552 3,111 $ 608,151 $ 562,960 (a) Debt is collateralized by first mortgages on certain facilities and related equipment or other assets with a book value of $48.8 million. (b) Debt is non-recourse to the Company and collateralized by substantially all assets of Skyland with a net book value of $133.2 million.

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Estimated Fair Value of Company's Commodity Derivative Instruments that Require Cash Collateral	The following table presents a summary of the estimated fair value of the Company’s commodity derivative instruments that require cash collateral and the associated cash posted or received as collateral. (in thousands) December 31, 2024 December 31, 2023 Cash collateral paid $ 39,025 $ 24,439 Fair value of derivatives 8,696 24,237 Net derivative asset position $ 47,721 $ 48,676
Schedule of Fair Value of the Company's Commodity Derivatives in the Balance Sheet	The following table presents, on a gross basis, current and non-current commodity derivative assets and liabilities: December 31, 2024 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 165,038 $ 1,441 $ 10,158 $ 28 $ 176,665 Commodity derivative liabilities (55,262) (28) (69,924) (425) (125,639) Cash collateral paid 39,025 — — — 39,025 Balance sheet line item totals $ 148,801 $ 1,413 $ (59,766) $ (397) $ 90,051 December 31, 2023 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 201,542 $ 1,496 $ 7,868 $ 13 $ 210,919 Commodity derivative liabilities (47,898) (64) (98,717) (431) (147,110) Cash collateral paid 24,439 — — — 24,439 Balance sheet line item totals $ 178,083 $ 1,432 $ (90,849) $ (418) $ 88,248
Schedule of Company's Consolidated Statement of Income Gains and Location of Line Items	The net gains and losses on commodity derivatives not designated as hedging instruments included in the Company’s Consolidated Statements of Operations and the line items in which they are located are as follows: Year Ended December 31, (in thousands) 2024 2023 2022 Gains (losses) on commodity derivatives included in Cost of sales and merchandising revenues $ (12,783) $ (69,579) $ 13,533 The recording of derivatives gains and losses and the financial statement line item in which they are located are as follows: Year Ended December 31, (in thousands) 2024 2023 2022 Derivatives designated as hedging instruments Interest rate derivative gains (losses) included in $ 846 $ (3,407) $ 38,564 Interest rate derivative gains (losses) included in Interest expense, net 12,354 10,132 (989) Interest rate derivative gains included in Other income, net 546 — —
Schedule of Volume of Commodity Derivative Contracts Outstanding	The Company had the following volume of commodity derivative contracts outstanding (on a gross basis) are as follows: December 31, 2024 (in thousands) Number of Bushels Number of Gallons Number of Tons Non-exchange traded: Corn 607,172 — — Soybeans 32,548 — — Wheat 88,503 — — Oats 21,595 — — Ethanol — 280,999 — Soybean meal — — 524 Dried distillers grain — — 745 Other 4,308 53,020 1,972 Subtotal 754,126 334,019 3,241 Exchange traded: Corn 214,810 — — Soybeans 23,390 — — Wheat 123,661 — — Oats 315 — — Ethanol — 99,162 — Propane — 118,986 — Other — 1,440 444 Subtotal 362,176 219,588 444 Total 1,116,302 553,607 3,685 December 31, 2023 (in thousands) Number of Bushels Number of Gallons Number of Tons Non-exchange traded: Corn 519,825 — — Soybeans 41,848 — — Wheat 66,953 — — Oats 15,355 — — Ethanol — 206,986 — Soybean meal — — 546 Dried distillers grain — — 740 Other 6,847 37,153 1,882 Subtotal 650,828 244,139 3,168 Exchange traded: Corn 160,795 — — Soybeans 34,250 — — Wheat 64,778 — — Oats 375 — — Ethanol — 97,272 — Propane — 74,550 — Other — 420 825 Subtotal 260,198 172,242 825 Total 911,026 416,381 3,993
Schedule of Fair Value of the Company's Interest Rate Derivatives	The Company had recorded the following amounts for the fair value of the Company's interest rate and other derivatives: December 31, (in thousands) 2024 2023 Derivatives not designated as hedging instruments Foreign currency contracts included in Other current assets (liabilities) $ (3,972) $ 907 Derivatives designated as hedging instruments Interest rate contracts included in Other current assets 6,761 9,968 Interest rate contracts included in Other assets 22,723 18,041 Interest rate contracts included in Other long-term liabilities (301) —
Schedule of Open Interest Rate Contracts	The following table presents the open interest rate contracts at December 31, 2024: Interest Rate Hedging Instrument Year Entered Year of Maturity Initial Notional Amount Hedged Item Interest Rate Swap 2019 2025 87.5 Interest rate component of debt - accounted for as a hedge 2.3% Swap 2019 2025 43.8 Interest rate component of debt - accounted for as a hedge 2.4% Swap 2019 2025 43.8 Interest rate component of debt - accounted for as a hedge 2.4% Swap 2020 2030 50.0 Interest rate component of debt - accounted for as a hedge 0.8% Swap 2020 2030 50.0 Interest rate component of debt - accounted for as a hedge 0.8% Swap 2022 2025 20.0 Interest rate component of debt - accounted for as a hedge 2.6% Swap 2022 2029 100.0 Interest rate component of debt - accounted for as a hedge 2.0% Swap 2022 2029 50.0 Interest rate component of debt - accounted for as a hedge 2.4% Swap 2022 2028 15.0 Interest rate component of debt - accounted for as a hedge —% to 3.3% Swap 2023 2025 50.0 Interest rate component of debt - accounted for as a hedge 3.7% Swap 2023 2031 50.0 Interest rate component of debt - accounted for as a hedge 2.9% Swap 2024 2029 35.0 Interest rate component of debt - accounted for as a hedge 4.2%

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
Schedule of Obligation and Funded Status of Pension and Postretirement Plans	Following are the details of the obligation and funded status of the postretirement health care benefit plan: (in thousands) Change in benefit obligation 2024 2023 Benefit obligation at beginning of year $ 17,266 $ 17,433 Service cost 133 151 Interest cost 785 830 Actuarial (gains) losses (911) (66) Participant contributions 227 257 Benefits paid (1,573) (1,339) Benefit obligation at end of year $ 15,927 $ 17,266 (in thousands) Change in plan assets 2024 2023 Fair value of plan assets at beginning of year $ — $ — Company contributions 1,346 1,082 Participant contributions 227 257 Benefits paid (1,573) (1,339) Fair value of plan assets at end of year $ — $ — Underfunded status of plans at end of year $ (15,927) $ (17,266)
Schedule of Amounts Recognized in the Consolidated Balance Sheets	Amounts recognized in the Consolidated Balance Sheets consist of: December 31, (in thousands) 2024 2023 Accrued expenses and other current liabilities $ 1,282 $ 1,242 Other long-term liabilities 14,645 16,024 Net amount recognized $ 15,927 $ 17,266
Schedule of Pre-tax Amounts Recognized in Accumulated Other Comprehensive Loss	Following are the details of the amounts recognized in Accumulated other comprehensive income before taxes for the year ended December 31, 2024: (in thousands) Unamortized Actuarial Net Gains Unamortized Prior Service Costs Balance at beginning of year $ 11,744 $ (6,243) Amounts arising during the period 911 — Amounts recognized as a component of net periodic benefit cost — (1,206) Balance at end of year $ 12,655 $ (7,449)
Schedule of Benefits Expected to be Paid for Company's Defined Benefit Plans	The benefits expected to be paid for the postretirement health care benefit plan over the next ten years are as follows: (in thousands) Postretirement Benefits 2025 $ 1,282 2026 1,285 2027 1,288 2028 1,287 2029 1,284 2030-2034 6,167
Schedule of Components of Net Periodic Benefit Costs	The components of the net periodic benefit cost are as follows: Year Ended December 31, (in thousands) 2024 2023 2022 Service cost $ 133 $ 151 $ 248 Interest cost 785 830 586 Amortization of prior service cost (911) (911) (911) Amortization of actuarial gain (295) (323) — Net periodic benefit (gain) cost $ (288) $ (253) $ (77)
Schedule of Weighted Average Assumptions of Pension and Postretirement Benefits	The weighted-average assumptions of the postretirement health care benefit plan are as follows: Year Ended December 31, 2024 2023 2022 Used to Determine Benefit Obligations at Measurement Date Discount rate 5.4 % 4.7 % 4.9 % Used to Determine Net Periodic Benefit Cost for Years ended December 31 Discount rate 4.7 % 4.9 % 2.6 % Expected long-term return on plan assets — — — Rate of compensation increases — — —
Schedule of Assumed Health Care Cost Trend Rate at Beginning of Year	Assumed Health Care Cost Trend Rates at Beginning of Year 2024 2023 Health care cost trend rate assumed for next year 3.0 % 3.0 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) (a) N/A N/A Year that the rate reaches the ultimate trend rate (a) N/A N/A (a) In 2017, the Company's remaining uncapped participants were converted to a Medicare Exchange Health Reimbursement Arrangement, which put a 2% cap on the Company's share of the related costs.

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenues	In the Company's Nutrient & Industrial segment, all sales and merchandising revenues are within the scope of ASC 606. Therefore, a further disaggregation of revenues and detail of outstanding contract balances is provided below: Year Ended December 31, (in thousands) 2024 2023 2022 Ag Supply Chain $ 482,492 $ 586,873 $ 691,696 Specialty Liquids 178,223 206,477 261,964 Engineered Granules 172,426 150,047 145,648 Total sales and merchandising revenues $ 833,141 $ 943,397 $ 1,099,308
Schedule of Opening and Closing Balances of Company's Contract Assets and Liabilities	The opening and closing balances of the Company’s contract liabilities are as follows: (in thousands) 2024 2023 Balance at January 1 $ 30,686 $ 55,408 Balance at December 31 24,812 30,686

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Provision	The income tax provision from continuing operations consists of the following: Year Ended December 31, (in thousands) 2024 2023 2022 Current: Federal $ 21,081 $ 30,274 $ 38,801 State and local 7,568 5,852 13,541 Foreign 4,780 2,869 4,741 33,429 38,995 57,083 Deferred: Federal (4,028) (1,012) (13,425) State and local (202) 1,252 (6,775) Foreign 858 (2,201) 2,745 (3,372) (1,961) (17,455) Total: Federal 17,053 29,262 25,376 State and local 7,366 7,104 6,766 Foreign 5,638 668 7,486 $ 30,057 $ 37,034 $ 39,628
Components of Income Before Income Taxes	Income before income taxes from continuing operations consists of the following: Year Ended December 31, (in thousands) 2024 2023 2022 U.S. $ 199,950 $ 161,377 $ 173,810 Foreign 807 8,186 20,772 $ 200,757 $ 169,563 $ 194,582
Schedule of Effective Tax Rate Reconciliation	A reconciliation from the statutory U.S. federal tax rate to the effective tax rate follows: Year Ended December 31, 2024 2023 2022 Statutory U.S. federal tax rate 21.0 % 21.0 % 21.0 % Increase (decrease) in rate resulting from: State and local income taxes, net of related federal taxes 3.0 2.9 2.4 Effect of noncontrolling interest (5.9) (3.9) (3.9) Derivative instruments and hedging activities (0.1) — (1.3) U.S. income taxes on foreign earnings 0.4 1.3 (0.1) Nondeductible compensation 0.6 0.9 1.2 Unrecognized tax benefits (0.1) 4.7 8.0 Valuation allowance 1.1 0.4 0.7 Foreign tax credits (1.0) (2.9) (2.1) Research and development and other tax credits (6.0) (2.7) (7.0) Other, net 2.0 0.1 1.5 Effective tax rate 15.0 % 21.8 % 20.4 %
Schedule of Deferred Tax Liabilities and Assets	Significant components of the Company's deferred tax liabilities and assets are as follows: December 31, (in thousands) 2024 2023 Deferred tax liabilities: Property, plant and equipment $ (64,934) $ (66,497) Operating lease right-of-use assets (18,029) (8,716) Identifiable intangibles — (3,565) Investments (21,968) (29,962) Derivative Instruments (7,202) (6,972) Other (5,607) (5,826) (117,740) (121,538) Deferred tax assets: Employee benefits 24,346 28,989 Accounts and notes receivable 12,289 10,406 Inventory 3,166 3,718 Identifiable intangibles 655 — Federal income tax credits 4,203 3,439 Net operating loss carryforwards 1,212 1,015 Operating lease liability 17,685 8,653 Other 7,402 12,324 Total deferred tax assets 70,958 68,544 less: Valuation allowance 6,591 4,416 64,367 64,128 Net deferred tax liabilities (a) $ (53,373) $ (57,410) (a) The Company had deferred tax assets of $1.7 million and $1.2 million included in Other assets in the Consolidated Balance Sheets as of December 31, 2024, and 2023, respectively.
Schedule of Unrecognized Tax Benefits Excluding Interest and Penalties	A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows: (in thousands) 2024 2023 2022 Balance at beginning of period $ 84,719 $ 79,262 $ 51,754 Tax positions related to the current year Gross additions — — 8,074 Tax positions related to prior years Gross additions — 6,134 19,434 Gross reductions (4,275) (58) — Settlements (9,993) — — Lapse in statute of limitations — (619) — Balance at end of period $ 70,451 $ 84,719 $ 79,262

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table summarizes the changes in Accumulated other comprehensive income ("AOCI"): Year Ended December 31, (in thousands) 2024 2023 Currency Translation Adjustment Beginning balance $ (2,581) $ (8,203) Other comprehensive income (loss) before reclassifications (10,888) 5,622 Tax effect — — Other comprehensive income (loss), net of tax (10,888) 5,622 Ending Balance $ (13,469) $ (2,581) Cash Flow Hedges Beginning balance $ 20,985 $ 23,546 Other comprehensive income (loss) before reclassifications 13,768 6,725 Amounts reclassified from AOCI (a) (12,922) (10,132) Tax effect (c) (260) 846 Other comprehensive income (loss), net of tax 586 (2,561) Ending Balance $ 21,571 $ 20,985 Pension and Other Postretirement Plans Beginning balance $ 4,203 $ 4,883 Other comprehensive income (loss) before reclassifications 939 19 Amounts reclassified from AOCI (b) (911) (911) Tax effect (c) (6) 212 Other comprehensive income (loss), net of tax 22 (680) Ending Balance $ 4,225 $ 4,203 Investments in Convertible Preferred Securities Beginning balance $ 258 $ 258 Other comprehensive income (loss), net of tax — — Ending Balance $ 258 $ 258 Total AOCI Ending Balance $ 12,585 $ 22,865 (a) Amounts reclassified from gain (loss) on cash flow hedges are reclassified from AOCI to income when the hedged item affects earnings. Gains and losses from interest rate derivatives are recognized in Interest expense, net within the Consolidated Statements of Operations as interest payments are made on the Company's variable rate debt. When interest rate derivatives are settled prior to maturity, the gain or loss is recognized in Other income, net within the Consolidated Statements of Operations. See Note 5 for additional information. (b) This AOCI component is included in the computation of net periodic benefit cost recorded in Operating, administrative and general expenses within the Consolidated Statements of Operations. (c) The Company utilizes the aggregate approach for releasing disproportionate income tax effects in AOCI.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents the Company's assets and liabilities measured at fair value on a recurring basis: (in thousands) December 31, 2024 Assets (liabilities) Level 1 Level 2 Level 3 Total Commodity derivatives, net (a) $ 47,721 $ 42,330 $ — $ 90,051 Provisionally priced contracts (b) (12,203) (45,017) — (57,220) Convertible preferred securities (c) — — 14,190 14,190 Other assets and liabilities (d) 2,711 29,183 — 31,894 Total $ 38,229 $ 26,496 $ 14,190 $ 78,915 (in thousands) December 31, 2023 Assets (liabilities) Level 1 Level 2 Level 3 Total Commodity derivatives, net (a) $ 48,676 $ 39,572 $ — $ 88,248 Provisionally priced contracts (b) (108,736) (65,343) — (174,079) Convertible preferred securities (c) — — 15,625 15,625 Other assets and liabilities (d) 5,477 28,009 — 33,486 Total $ (54,583) $ 2,238 $ 15,625 $ (36,720) (a) Includes associated cash posted/received as collateral. (b) Included in "Provisionally priced contracts" are those instruments based only on underlying futures values (Level 1) and delayed price contracts (Level 2). (c) Recorded in Other assets on the Company’s Consolidated Balance Sheets related to certain available for sale securities. (d) Included in "Other assets and liabilities" are assets held by the Company to fund deferred compensation plans and foreign exchange derivative contracts (Level 1), as well as interest rate derivatives (Level 2).
Schedule of Reconciliation of Beginning and Ending Balances for the Company's Fair Value Measurements Using Level 3 Inputs	A reconciliation of beginning and ending balances for the Company’s recurring fair value measurements using Level 3 inputs is as follows: Convertible Preferred Securities (in thousands) 2024 2023 Assets at January 1, $ 15,625 $ 16,278 Additional investments 100 1,342 Gains (losses) included in Other income, net (1,535) 497 Proceeds from investments — (1,670) Reclassification to a receivable in Other assets, net — (822) Assets at December 31, $ 14,190 $ 15,625
Schedule of Summarized Information About Level 3 Fair Value Measurements	The following tables summarize quantitative information about the Company's Level 3 fair value measurements: Quantitative Information about Recurring Level 3 Fair Value Measurements (in thousands) Fair Value as of 12/31/2024 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 14,190 Implied based on market prices N/A N/A (in thousands) Fair Value as of 12/31/2023 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 15,625 Implied based on market prices N/A N/A (a) The Company considers observable price changes and other additional market data available to estimate fair value, including additional capital raising, internal valuation models, progress towards key business milestones, and other relevant market data points.

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Schedule of Segment Information	The segment information below includes the allocation of expenses shared by one or more operating segments. Although management believes such allocations are reasonable, the operating information does not necessarily reflect how such data might appear if the segments were operated as separate businesses. The Company does not have any customers who represent 10 percent, or more, of total revenues. Year Ended December 31, 2024 (in thousands) Trade Renewables Nutrient & Industrial Total Sales and merchandising revenues $ 7,622,077 $ 2,802,330 $ 833,141 $ 11,257,548 Cost of sales and merchandising revenues 7,218,395 2,633,179 712,048 10,563,622 Operating, administrative and general expenses 316,390 35,493 103,238 455,121 Interest expense 24,587 2,841 6,311 33,739 Other income, net (a) 28,728 8,678 6,444 43,850 Segment income before income taxes from continuing operations $ 91,433 $ 139,495 $ 17,988 $ 248,916 less: Corporate expenses 48,159 Income before income taxes from continuing operations $ 200,757 (a) Other income, net for each reportable segment includes: Trade - interest income, property insurance recoveries, patronage income, amongst other items. Renewables - interest income, a gain on the deconsolidation of the ELEMENT joint venture, patronage income, amongst other items. Nutrient & Industrial - interest income, patronage income, amongst other items. Year Ended December 31, 2023 (in thousands) Trade Renewables Nutrient & Industrial Total Sales and merchandising revenues $ 10,426,083 $ 3,380,632 $ 943,397 $ 14,750,112 Cost of sales and merchandising revenues 10,016,133 3,178,235 810,381 14,004,749 Operating, administrative and general expenses 308,470 32,737 103,342 444,549 Asset impairment (a) — 87,156 — 87,156 Interest expense 35,234 6,385 7,016 48,635 Other income, net (b) 29,988 15,056 2,391 47,435 Segment income before income taxes from continuing operations $ 96,234 $ 91,175 $ 25,049 $ 212,458 less: Corporate expenses 42,895 Income before income taxes from continuing operations $ 169,563 (a) Asset impairment of $87.2 million as the Company recorded an impairment charge related to ELEMENT in the first quarter of 2023, as the plant faced operational and market-based challenges which were exacerbated by a shift in the California Low Carbon Fuel Standard credit markets and high western corn basis. (b) Other income, net for each reportable segment includes: Trade - interest income, property insurance recoveries, gains on sales of assets & businesses, patronage income, amongst other items. Renewables - interest income, a gain on the deconsolidation of the ELEMENT joint venture, patronage income, Biofuel Producer Program funds, amongst other items. Nutrient & Industrial - interest income, patronage income, amongst other items. Year Ended December 31, 2022 (in thousands) Trade Renewables Nutrient & Industrial Total Sales and merchandising revenues $ 13,047,537 $ 3,178,539 $ 1,099,308 $ 17,325,384 Cost of sales and merchandising revenues 12,639,830 3,051,544 949,846 16,641,220 Operating, administrative and general expenses 273,592 30,730 106,003 410,325 Asset impairment (a) 9,000 — — 9,000 Interest expense 42,551 8,775 7,298 58,624 Other income, net (b) 12,661 20,731 3,001 36,393 Segment income before income taxes from continuing operations $ 95,225 $ 108,221 $ 39,162 $ 242,608 less: Corporate expenses 48,026 Income before income taxes from continuing operations $ 194,582 (a) Asset impairment of $9.0 million as the Company recorded an impairment charge related to a Nebraska grain asset. (b) Other income, net for each reportable segment includes: Trade - interest income, property insurance recoveries, gains on sales of assets & businesses, patronage income, amongst other items. Renewables - interest income, patronage income, Biofuel Producer Program funds, amongst other items. Nutrient & Industrial - interest income, patronage income, amongst other items. Year Ended December 31, 2024 (in thousands) Trade Renewables Nutrient & Industrial Other Total Depreciation and amortization (a) $ 40,505 $ 49,705 $ 32,488 $ 5,106 $ 127,804 Purchases of property, plant and equipment and capitalized software 59,240 49,808 36,116 4,023 149,187 Interest income (b) 12,499 5,075 3,519 — 21,093 (a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations. (b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations. Year Ended December 31, 2023 (in thousands) Trade Renewables Nutrient & Industrial Other Total Depreciation and amortization (a) $ 36,109 $ 51,408 $ 29,268 $ 8,321 $ 125,106 Purchases of property, plant and equipment and capitalized software 49,728 54,546 42,524 3,645 150,443 Interest income (b) 6,730 5,087 1,163 27 13,007 (a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations. (b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations. Year Ended December 31, 2022 (in thousands) Trade Renewables Nutrient & Industrial Other Total Depreciation and amortization (a) $ 35,953 $ 63,458 $ 26,634 $ 8,697 $ 134,742 Purchases of property, plant and equipment and capitalized software 29,433 42,734 34,678 1,439 108,284 Interest income (b) 2,297 589 4 110 3,000 (a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations. (b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations.
Revenue from External Customers by Geographic Areas	Year Ended December 31, (in thousands) 2024 2023 2022 Revenues from external customers by geographic region United States $ 8,103,367 $ 9,772,619 $ 12,503,330 Canada 517,131 694,774 1,199,487 Mexico 392,142 533,012 493,111 Egypt 124,905 462,068 573,371 Switzerland 176,358 373,305 373,737 Other 1,943,645 2,914,334 2,182,348 Total $ 11,257,548 $ 14,750,112 $ 17,325,384
Long-Lived Assets by Segment	December 31, (in thousands) 2024 2023 2022 Identifiable assets Trade $ 2,279,698 $ 2,164,578 $ 3,166,813 Renewables 679,430 763,203 835,860 Nutrient & Industrial 499,443 434,674 530,596 Other 662,743 492,552 74,727 Total assets $ 4,121,314 $ 3,855,007 $ 4,607,996

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Schedule of Lease Cost, Weighted Average Remaining Term and Discount Rate and Supplemental Cash Flow Information Related to Leases	The following table summarizes the amounts recognized in the Company's Consolidated Balance Sheets related to leases: December 31, (in thousands) Consolidated Balance Sheet Classification 2024 2023 Assets Operating lease assets Right of use assets, net $ 104,630 $ 54,234 Finance lease assets Property, plant and equipment, net 23,119 20,289 Total leased assets $ 127,749 $ 74,523 Liabilities Current operating leases Accrued expenses and other current liabilities $ 25,773 $ 22,322 Non-current operating leases Long-term lease liabilities 65,312 31,659 Total operating lease liabilities 91,085 53,981 Current finance leases Current maturities of long-term debt 1,884 1,134 Non-current finance leases Long-term debt, less current maturities 9,616 7,879 Total finance lease liabilities 11,500 9,013 Total lease liabilities $ 102,585 $ 62,994 The components of lease cost recognized within the Company's Consolidated Statement of Operations were as follows: Year Ended December 31, (in thousands) Consolidated Statement of Operations Classification 2024 2023 2022 Lease cost: Operating lease cost Cost of sales and merchandising revenues $ 17,760 $ 16,123 $ 19,891 Operating lease cost Operating, administrative and general expenses 14,490 13,203 10,132 Finance lease cost Amortization of right-of-use assets Cost of sales and merchandising revenues 80 120 614 Amortization of right-of-use assets Operating, administrative and general expenses 1,133 1,045 1,009 Interest expense on lease liabilities Interest expense, net 346 332 413 Short-term lease cost Cost of sales and merchandising revenues 2,194 2,160 2,465 Short-term lease cost Operating, administrative and general expenses 46 144 — Variable lease cost Cost of sales and merchandising revenues — 500 338 Variable lease cost Operating, administrative and general expenses 468 225 394 Total lease cost $ 36,517 $ 33,852 $ 35,256 The Company often has the option to renew lease terms for buildings and other assets. The exercise of a lease renewal option is generally at the sole discretion of the Company. In addition, certain lease agreements may be terminated prior to their original expiration date at the discretion of the Company. Each renewal and termination option is evaluated at the lease commencement date to determine if the Company is reasonably certain to exercise the option on the basis of economic factors. The following table summarizes the weighted-average remaining lease terms: As of December 31, Weighted-Average Remaining Lease Term 2024 2023 Operating leases 10.9 years 4.0 years Finance leases 6.6 years 8.6 years The discount rate implicit within the Company's leases is generally not determinable and therefore the Company determines the discount rate based on its incremental borrowing rate. The incremental borrowing rate for each lease is determined based on its term and the currency in which lease payments are made, adjusted for the impacts of collateral. The following table summarizes the weighted-average discount rate used to measure the Company's lease liabilities: As of December 31, Weighted-Average Discount Rate 2024 2023 Operating leases 4.96 % 4.27 % Finance leases 4.19 % 3.77 % Supplemental Cash Flow Information Related to Leases Year Ended December 31, (in thousands) 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 33,094 $ 30,467 $ 30,294 Financing cash flows from finance leases 1,185 1,270 1,782 Right-of-use assets obtained in exchange for lease obligations: Operating leases 72,196 48,569 36,056
Schedule of Maturity Analysis of Operating Lease Liabilities	Maturity Analysis of Leases Liabilities December 31, 2024 (in thousands) Operating Leases Finance Leases Total 2025 $ 29,882 $ 2,338 $ 32,220 2026 21,028 2,414 23,442 2027 13,808 2,229 16,037 2028 7,456 2,075 9,531 2029 4,038 2,394 6,432 Thereafter 62,350 1,986 64,336 Total lease payments 138,562 13,436 151,998 Less: interest 47,477 1,936 49,413 Total $ 91,085 $ 11,500 $ 102,585 December 31, 2023 (in thousands) Operating Leases Finance Leases Total 2024 $ 23,790 $ 1,447 $ 25,237 2025 14,518 1,456 15,974 2026 8,755 1,462 10,217 2027 5,225 1,471 6,696 2028 1,714 1,481 3,195 Thereafter 5,076 3,488 8,564 Total lease payments 59,078 10,805 69,883 Less: interest 5,097 1,792 6,889 Total $ 53,981 $ 9,013 $ 62,994
Schedule of Maturity Analysis of Finance Lease Liabilities	Maturity Analysis of Leases Liabilities December 31, 2024 (in thousands) Operating Leases Finance Leases Total 2025 $ 29,882 $ 2,338 $ 32,220 2026 21,028 2,414 23,442 2027 13,808 2,229 16,037 2028 7,456 2,075 9,531 2029 4,038 2,394 6,432 Thereafter 62,350 1,986 64,336 Total lease payments 138,562 13,436 151,998 Less: interest 47,477 1,936 49,413 Total $ 91,085 $ 11,500 $ 102,585 December 31, 2023 (in thousands) Operating Leases Finance Leases Total 2024 $ 23,790 $ 1,447 $ 25,237 2025 14,518 1,456 15,974 2026 8,755 1,462 10,217 2027 5,225 1,471 6,696 2028 1,714 1,481 3,195 Thereafter 5,076 3,488 8,564 Total lease payments 59,078 10,805 69,883 Less: interest 5,097 1,792 6,889 Total $ 53,981 $ 9,013 $ 62,994

Stock Compensation Plans (Table

Stock Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Nonvested Restricted Shares	A summary of the status of the Company's non-vested RSUs as of December 31, 2024, and changes during the period then ended, is presented below: Shares (in thousands) Weighted-Average Grant-Date Fair Value Non-vested at January 1, 2024 248 $ 41.74 Granted 147 48.93 Vested (145) 34.61 Forfeited (7) 49.21 Non-vested at December 31, 2024 243 $ 50.16 Year Ended December 31, 2024 2023 2022 Total fair value of shares vested (in thousands) $ 5,022 $ 4,369 $ 7,465 Weighted-average fair value of RSUs granted $ 48.93 $ 44.84 $ 43.38
Schedule of Valuation Assumptions Used to Determine Fair Value
Schedule of Award Statuses During Period	A summary of the status of the Company's Modified PSUs as of December 31, 2024, and changes during the period then ended, is presented below: Shares (in thousands) Weighted-Average Grant-Date Fair Value Non-vested at January 1, 2024 — $ — Granted 223 60.42 Vested — — Forfeited (5) 60.42 Non-vested at December 31, 2024 218 $ 60.42 Year Ended December 31, 2024 2023 2022 Total fair value of shares vested (in thousands) $ — $ — $ — Weighted-average fair value of Modified PSUs granted $ 60.42 $ — $ — A summary of the status of the Company's EPS PSUs as of December 31, 2024, and changes during the period then ended, is presented below: Shares (in thousands) Weighted-Average Grant-Date Fair Value Non-vested at January 1, 2024 367 $ 38.51 Granted — — Vested (136) 26.80 Forfeited (5) 45.31 Non-vested at December 31, 2024 226 $ 45.39 Year Ended December 31, 2024 2023 2022 Total fair value of shares vested (in thousands) $ 3,646 $ 2,150 $ 654 Weighted-average fair value of EPS PSUs granted $ — $ 46.04 $ 43.98 A summary of the status of the Company's TSR PSUs as of December 31, 2024, and changes during the period then ended, is presented below: Shares (in thousands) Weighted-Average Grant-Date Fair Value Non-vested at January 1, 2024 367 $ 56.01 Granted — — Vested (136) 35.66 Forfeited (5) 67.86 Non-vested at December 31, 2024 226 $ 67.97 Year Ended December 31, 2024 2023 2022 Total fair value of shares vested (in thousands) $ 4,851 $ 2,853 $ — Weighted-average fair value of TSR PSUs granted $ — $ 64.06 $ 66.90
Schedule of Fair Value of the Option Component of the ESP Plan	Year Ended December 31, 2024 2023 2022 Risk free interest rate 4.79 % 4.73 % 0.39 % Dividend yield 1.29 % 2.07 % 1.82 % Volatility factor of the expected market price of the common shares 36 % 53 % 38 % Expected life for the options (in years) 1.0 1.0 1.0

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Table)	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in Carrying Amount of goodwill	The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2024, 2023, and 2022 are as follows: (in thousands) Trade Renewables Nutrient & Industrial Total Balance at January 1, 2022 $ 119,867 $ 8,789 $ 686 $ 129,342 Acquisitions — — — — Balance at December 31, 2022 119,867 8,789 686 129,342 Disposals (a) (800) — — (800) Impairments — — (686) (686) Balance at December 31, 2023 119,067 8,789 — 127,856 Acquisitions — — — — Balance at December 31, 2024 $ 119,067 $ 8,789 $ — $ 127,856
Schedule of Intangible Assets Included in Other Assets	The Company's other intangible assets are as follows: December 31, 2024 2023 (in thousands) Useful Life Original Cost Accumulated Amortization Net Book Value Original Cost Accumulated Amortization Net Book Value Intangible asset class Customer lists 3 to 10 $ 153,410 $ 97,645 $ 55,765 $ 149,880 $ 83,823 $ 66,057 Non-compete agreements 1 to 7 22,277 21,756 521 22,240 21,514 726 Supply agreement 10 to 10 8,720 8,720 — 8,720 8,374 346 Technology 10 to 10 13,399 12,898 501 13,400 11,558 1,842 Trademarks and patents 7 to 10 16,049 15,437 612 15,810 14,302 1,508 Software 2 to 10 91,615 80,054 11,561 89,241 74,541 14,700 Other 3 to 5 842 457 385 843 443 400 $ 306,312 $ 236,967 $ 69,345 $ 300,134 $ 214,555 $ 85,579

Other Income, Net (Tables)

Other Income, Net (Tables)	12 Months Ended
	Dec. 31, 2024
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	The following table sets forth the items in Other income, net for the periods presented below: Year Ended December 31, (in thousands) 2024 2023 2022 Interest income $ 21,093 $ 13,007 $ 3,000 Property insurance recoveries 9,781 11,807 10,632 Gain on deconsolidation of joint venture 3,117 6,544 — Patronage income 3,604 3,046 4,457 Gain on sale of assets and business, net — 5,782 1,685 Biofuel Producer Program funds — 2,190 17,643 Other 4,616 8,107 (3,594) Total $ 42,211 $ 50,483 $ 33,823

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	(in thousands except per common share data) Year Ended December 31, 2024 2023 2022 Numerator: Net income from continuing operations $ 170,700 $ 132,529 $ 154,954 Net income attributable to noncontrolling interests (a) 56,688 31,339 35,899 Net income attributable to The Andersons Inc. common shareholders from continuing operations $ 114,012 $ 101,190 $ 119,055 Income from discontinued operations, net of income taxes $ — $ — $ 12,025 Denominator: Weighted-average shares outstanding – basic 34,032 33,718 33,731 Effect of dilutive awards 290 664 691 Weighted-average shares outstanding – diluted 34,322 34,382 34,422 Earnings per share attributable to The Andersons, Inc. common shareholders: Basic earnings: Continuing operations $ 3.35 $ 3.00 $ 3.53 Discontinued operations — — 0.36 $ 3.35 $ 3.00 $ 3.89 Diluted earnings: Continuing operations $ 3.32 $ 2.94 $ 3.46 Discontinued operations — — 0.35 $ 3.32 $ 2.94 $ 3.81 (a) All Net income attributable to noncontrolling interests is within the continuing operations of the Company.

Business Acquisition (Tables)

Business Acquisition (Tables)	12 Months Ended
	Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Purchase Price Allocation	The purchase price allocation is preliminary. We are in the process of completing the purchase price allocation associated with the Skyland business combination and as a result, the provisional measurements of the assets and liabilities acquired are subject to change. During the measurement period, we will continue to obtain information to assist in finalizing the fair value of assets acquired and liabilities assumed, which may differ materially from these preliminary estimates. If we determine any measurement period adjustments are material, we will apply those adjustments, including any related impacts to net income, in the reporting period in which the adjustments are determined. A summary of the preliminary purchase price consideration and preliminary purchase price allocation as of December 31, 2024, is as follows: (in thousands) Cash consideration paid $ 85,000 Total purchase price consideration 85,000 Cash and cash equivalents $ 65,388 Accounts receivable 47,963 Notes receivable 2,868 Inventories 220,547 Other current assets 21,396 Right of use assets 14,549 Other assets, net 1,334 Investments 12,932 Property, plant and equipment, net 136,199 523,176 Trade and other payables 74,528 Short-term debt 218,989 Current maturities of long-term debt 11,247 Accrued expense and other current liabilities 14,099 Other liabilities 14,992 Long-term debt 58,552 392,407 Noncontrolling interest 45,769 Net assets acquired $ 85,000
Schedule of Pro Forma Financial Information	The summary pro forma financial information for the periods presented below gives effect to the Skyland acquisition as if it had occurred at January 1, 2023. Year ended December 31, (in thousands) 2024 2023 Net sales $ 11,932,528 $ 15,865,304 Net income 170,592 24,858

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) gal in Millions		12 Months Ended
	Oct. 01, 2019 gal	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Summary of Significant Accounting Policies (Textual) [Abstract]
Accounts Receivable, Sale		$ 201,700,000	$ 311,600,000
Accounts Receivable, Factoring Fees		$ 4,900,000	4,500,000	$ 2,100,000
Maximum period in which contracts for the sale of grain to processors or other consumers extend		1 year
Gain on Business Interruption Insurance Recovery		$ 19,400,000	12,500,000
Gain (Loss), Foreign Currency Transaction, after Tax			29,500,000	$ 3,100,000
Decrease in retained earnings		$ (970,710,000)	$ (882,943,000)
Gain On Business Interruption Insurance Recovery Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag		business interruption insurance recoveries for the years ended December 31, 2024, and 2023, respectively. These recoveries were mainly
Number of gallons | gal	405
Element LLC
Summary of Significant Accounting Policies (Textual) [Abstract]
Noncontrolling interest ownership percentage by parent		51%
Ownership (in percent)	51%
TAMH
Summary of Significant Accounting Policies (Textual) [Abstract]
Ownership (in percent)	50.10%
Minimum
Summary of Significant Accounting Policies (Textual) [Abstract]
Intangible assets estimated useful life		1 year
Maximum
Summary of Significant Accounting Policies (Textual) [Abstract]
Intangible assets estimated useful life		10 years
Land Improvements
Summary of Significant Accounting Policies (Textual) [Abstract]
Asset estimated average useful life		16 years
Leasehold Improvements | Minimum
Summary of Significant Accounting Policies (Textual) [Abstract]
Asset estimated average useful life		3 years
Leasehold Improvements | Maximum
Summary of Significant Accounting Policies (Textual) [Abstract]
Asset estimated average useful life		20 years
Buildings and Storage Facilities | Minimum
Summary of Significant Accounting Policies (Textual) [Abstract]
Asset estimated average useful life		10 years
Buildings and Storage Facilities | Maximum
Summary of Significant Accounting Policies (Textual) [Abstract]
Asset estimated average useful life		40 years
Machinery and Equipment | Minimum
Summary of Significant Accounting Policies (Textual) [Abstract]
Asset estimated average useful life		3 years
Machinery and Equipment | Maximum
Summary of Significant Accounting Policies (Textual) [Abstract]
Asset estimated average useful life		20 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - VIE Disclosure (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 561,771	$ 643,854
Accounts receivable	764,550	762,549
Inventories	1,286,811	1,166,700
Other current assets	88,344	55,777
Total current assets	2,850,277	2,806,963
Assets, Noncurrent [Abstract]
Property, plant and equipment, net	868,151	693,365
Other assets	101,055	87,010
Identifiable assets	4,121,314	3,855,007	$ 4,607,996
Liabilities and Equity [Abstract]
Current liabilities	1,731,172	1,636,331
Total liabilities	2,521,478	2,338,620
Variable Interest Entity, Primary Beneficiary
Current assets:
Cash and cash equivalents	47,408	153,258
Accounts receivable	20,574	9,324
Inventories	78,221	61,270
Other current assets	4,994	6,844
Total current assets	151,197	230,696
Assets, Noncurrent [Abstract]
Property, plant and equipment, net	269,918	270,379
Other assets	22,315	25,434
Identifiable assets	443,430	526,509
Liabilities and Equity [Abstract]
Current liabilities	48,204	51,020
Long-term liabilities	9,109	12,010
Total liabilities	$ 57,313	$ 63,030

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Inventory [Line Items]
Agricultural Related Inventory	$ 951,283	$ 886,725
Frac sand and propane	17,381	21,705
Ethanol and co-products	109,528	104,349
Plant nutrients and cob products	208,619	153,921
Total inventories	1,286,811	1,166,700
Damaged inventory	0	0	$ 17,328
Readily Marketable Inventory
Inventory [Line Items]
Agricultural Related Inventory	$ 944,500	$ 862,500

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Components of property, plant and equipment
Land	$ 39,278	$ 30,912
Land improvements and leasehold improvements	88,144	82,438
Buildings and storage facilities	622,771	365,744
Machinery and equipment	1,042,529	951,544
Construction in progress	39,610	36,541
Property, plant and equipment, gross	1,832,332	1,467,179
Less: accumulated depreciation	(964,181)	(773,814)
Property, plant and equipment, net	$ 868,151	$ 693,365

Property, Plant and Equipment_3

Property, Plant and Equipment (Textual) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Asset impairment		$ 0	$ 87,156	$ 11,818
Depreciation expense		105,300	100,600	110,600
Impairment of property, plant and equipment held for use		$ 0	$ 87,156	$ 9,000
Element LLC
Property, Plant and Equipment [Line Items]
Noncontrolling interest ownership percentage by parent		51%
Renewables
Property, Plant and Equipment [Line Items]
Impairment of property, plant and equipment held for use	$ 87,200

Debt (Textual) (Details)

Debt (Textual) (Details) - USD ($) $ in Thousands		12 Months Ended
	Nov. 01, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Less: current maturities		$ 36,139	$ 27,561
Short-term debt, weighted average interest rate		7.15%	7.28%
Interest paid		$ 31,100	$ 47,000	$ 56,700
Estimated fair value
Debt Instrument [Line Items]
Fair value of long-term debt		635,400	$ 585,100
Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity		2,161,700
Unused capacity		1,991,300
Credit Agreement | Line of Credit | Skyland
Debt Instrument [Line Items]
Debt instrument term	3 years
Credit Agreement | Line of Credit | Skyland | Revolving Term Loan | Interest Based On Variable Rate
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 300,000
Credit Agreement | Line of Credit | Skyland | Term Loan
Debt Instrument [Line Items]
Debt instrument term	5 years
Face amount	$ 78,200
Credit Agreement | Line of Credit | Skyland | Term Loan | Maximum
Debt Instrument [Line Items]
Interest rate of debt instruments	5.80%
Credit Agreement | Line of Credit | Skyland | Term Loan | Minimum
Debt Instrument [Line Items]
Interest rate of debt instruments	3.85%
Credit Agreement | Line of Credit | Skyland | Term Loan | Interest Based On Variable Rate
Debt Instrument [Line Items]
Face amount	$ 67,000
Credit Agreement | Line of Credit | Skyland | Term Loan | Interest Based On Fixed Rates
Debt Instrument [Line Items]
Face amount	$ 11,200
Credit Agreement | Line of Credit | Skyland | Revolving Term Loan
Debt Instrument [Line Items]
Debt instrument term	5 years
Credit Agreement | Line of Credit | Skyland | Revolving Term Loan | Interest Based On Variable Rate
Debt Instrument [Line Items]
Debt instrument term	5 years
Maximum borrowing capacity	$ 15,000
Recourse
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal after Year Five		185,400
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months		36,100
Long-term Debt, Maturities, Repayments of Principal in Year Two		63,200
Long-term Debt, Maturities, Repayments of Principal in Year Three		137,100
Long-term Debt, Maturities, Repayments of Principal in Year Four		30,100
Long-term Debt, Maturities, Repayments of Principal in Year Five		$ 194,900

Debt (Long-term debt) (Details)

Debt (Long-term debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Less: current maturities	$ 36,139	$ 27,561
Less: unamortized prepaid debt issuance costs	2,552	3,111
Long-term Debt	608,151	562,960
Recourse
Debt Instrument [Line Items]
Long-term debt, gross	646,842	593,632
Debt instrument, collateral amount	$ 48,800
Recourse | Note payable, variable rate (6.01% at December 31, 2024), payable in increasing amounts plus interest, due 2029
Debt Instrument [Line Items]
Interest rate of debt instruments	6.01%
Long-term debt, gross	$ 180,586	191,055
Recourse | Note payable, variable rate (5.88% at December 31, 2024), payable in increasing amounts plus interest, due 2027
Debt Instrument [Line Items]
Interest rate of debt instruments	5.88%
Long-term debt, gross	$ 121,289	128,320
Recourse | Note payable, variable rate (6.01% at December 31, 2024), payable in increasing amounts plus interest, due 2031
Debt Instrument [Line Items]
Interest rate of debt instruments	6.01%
Long-term debt, gross	$ 92,500	97,500
Recourse | Note payable, 4.50%, payable at maturity, due 2034
Debt Instrument [Line Items]
Interest rate of debt instruments	4.50%
Long-term debt, gross	$ 87,818	91,744
Recourse | Note payable, variable rate 7.74% Due 2029
Debt Instrument [Line Items]
Interest rate of debt instruments	7.56%
Long-term debt, gross	$ 67,000	0
Recourse | Note payable, 4.85%, payable at maturity, due 2026
Debt Instrument [Line Items]
Interest rate of debt instruments	4.85%
Long-term debt, gross	$ 25,000	25,000
Recourse | Industrial revenue bond, variable rate (4.97% at December 31, 2024), payable at maturity, due 2036
Debt Instrument [Line Items]
Interest rate of debt instruments	4.97%
Long-term debt, gross	$ 21,000	21,000
Recourse | Note payable, 4.50%, payable at maturity, due 2030
Debt Instrument [Line Items]
Interest rate of debt instruments	4.50%
Long-term debt, gross	$ 16,000	16,000
Recourse | Note payable, 5.00%, payable at maturity, due 2040
Debt Instrument [Line Items]
Interest rate of debt instruments	5%
Long-term debt, gross	$ 14,000	14,000
Recourse | Note payable, 3.85%, payable at maturity, due 2029
Debt Instrument [Line Items]
Interest rate of debt instruments	3.85%
Long-term debt, gross	$ 4,500	0
Recourse | Note payable, 4.80%, payable at maturity, due 2026
Debt Instrument [Line Items]
Interest rate of debt instruments	4.80%
Long-term debt, gross	$ 1,499	0
Recourse | Note payable, 4.11%, payable at maturity, due 2026
Debt Instrument [Line Items]
Interest rate of debt instruments	4.11%
Long-term debt, gross	$ 1,378	0
Recourse | Note payable, 5.80%, payable at maturity, due 2028
Debt Instrument [Line Items]
Interest rate of debt instruments	5.80%
Long-term debt, gross	$ 1,088	0
Recourse | Note payable, 5.60%, payable at maturity, due 2025
Debt Instrument [Line Items]
Interest rate of debt instruments	5.60%
Long-term debt, gross	$ 600	0
Recourse | Note payable, 4.13%, payable at maturity, due 2026
Debt Instrument [Line Items]
Interest rate of debt instruments	4.13%
Long-term debt, gross	$ 553	0
Recourse | Note payable, 4.05%, payable at maturity, due 2026
Debt Instrument [Line Items]
Interest rate of debt instruments	4.05%
Long-term debt, gross	$ 439	0
Recourse | Note payable, 5.40%, payable at maturity, due 2025
Debt Instrument [Line Items]
Interest rate of debt instruments	5.40%
Long-term debt, gross	$ 93	0
Recourse | Finance lease obligations, due serially to 2043
Debt Instrument [Line Items]
Long-term debt, gross	7,880	9,013
Recourse | Finance lease obligations, due serially to 2049
Debt Instrument [Line Items]
Long-term debt, gross	3,619	$ 0
Non-recourse
Debt Instrument [Line Items]
Debt instrument, collateral amount	$ 133,200

Derivatives (Textual) (Details)

Derivatives (Textual) (Details)	12 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Maximum period in which contracts for the sale of grain to processors or other consumers extend	1 year

Derivatives (Fair Value of Comm

Derivatives (Fair Value of Commodity Derivatives with Cash Collateral) (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Estimated fair value of Company's commodity derivative instruments for cash collateral and associated cash as collateral
Net derivative asset position, Collateral paid	$ 39,025	$ 24,439
Fair value of derivatives	8,696	24,237
Net derivative asset position, net	$ 47,721	$ 48,676

Derivatives (Current and Noncur

Derivatives (Current and Noncurrent Derivative Assets) (Details) - Commodity Contract - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Derivatives, Fair Value [Line Items]
Commodity derivative assets	$ 176,665	$ 210,919
Commodity derivative liabilities	(125,639)	(147,110)
Cash collateral paid		24,439
Total	90,051	88,248
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash Not Offset	39,025
Commodity derivative assets - current
Derivatives, Fair Value [Line Items]
Commodity derivative assets	165,038	201,542
Commodity derivative liabilities	(55,262)	(47,898)
Cash collateral paid		24,439
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash Not Offset	39,025
Derivative Asset, Fair Value, Amount Offset Against Collateral Including Subject To Master Netting Arrangement	148,801	178,083
Commodity derivative assets - noncurrent
Derivatives, Fair Value [Line Items]
Commodity derivative assets	1,441	1,496
Commodity derivative liabilities	(28)	(64)
Cash collateral paid		0
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash Not Offset	0
Derivative Asset, Fair Value, Amount Offset Against Collateral Including Subject To Master Netting Arrangement	1,413	1,432
Commodity derivative liabilities - current
Derivatives, Fair Value [Line Items]
Commodity derivative assets	10,158	7,868
Commodity derivative liabilities	(69,924)	(98,717)
Cash collateral paid		0
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash Not Offset	0
Derivative Liability, Fair Value, Amount Not Offset Against Collateral Including Before Subject To Master Netting Arrangement	59,766	90,849
Commodity derivative liabilities - noncurrent
Derivatives, Fair Value [Line Items]
Commodity derivative assets	28	13
Commodity derivative liabilities	(425)	(431)
Cash collateral paid		0
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash Not Offset	0
Derivative Liability, Fair Value, Amount Not Offset Against Collateral Including Before Subject To Master Netting Arrangement	$ 397	$ 418

Derivatives (Derivatives Gains

Derivatives (Derivatives Gains and Losses) (Details) - Interest rate component of debt - accounted for as a hedge - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on commodity derivatives included in Cost of sales and merchandising revenues	$ (12,783)	$ (69,579)	$ 13,533
Interest rate contract
Derivative Instruments, Gain (Loss) [Line Items]
Loss due to debt prepayment, reclassified into earnings	(846)	3,407	(38,564)
Interest rate contract | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate derivative gains (losses) included in Interest expense, net	12,354	10,132	(989)
Interest rate contract | Other Nonoperating Income (Expense)
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate derivative gains (losses) included in Interest expense, net	$ 546	$ 0	$ 0

Derivatives (Commodity Derivati

Derivatives (Commodity Derivative Contracts Outstanding) (Details) gal in Thousands, bu in Thousands, T in Thousands	Dec. 31, 2024 bu	Dec. 31, 2024 gal	Dec. 31, 2024 T	Dec. 31, 2023 bu	Dec. 31, 2023 gal	Dec. 31, 2023 T
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	1,116,302	553,607	3,685	911,026	416,381	3,993
Non-exchange traded
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	754,126	334,019	3,241	650,828	244,139	3,168
Non-exchange traded | Corn
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	607,172	0	0	519,825	0	0
Non-exchange traded | Soybeans
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	32,548	0	0	41,848	0	0
Non-exchange traded | Wheat
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	88,503	0	0	66,953	0	0
Non-exchange traded | Oats
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	21,595	0	0	15,355	0	0
Non-exchange traded | Ethanol
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	0	280,999	0	0	206,986	0
Non-exchange traded | Soybean meal
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	0	0	524	0	0	546
Non-exchange traded | Dried distillers grain
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	0	0	745	0	0	740
Non-exchange traded | Other
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	4,308	53,020	1,972	6,847	37,153	1,882
Exchange traded
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	362,176	219,588	444	260,198	172,242	825
Exchange traded | Corn
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	214,810	0	0	160,795	0	0
Exchange traded | Soybeans
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	23,390	0	0	34,250	0	0
Exchange traded | Wheat
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	123,661	0	0	64,778	0	0
Exchange traded | Oats
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	315	0	0	375	0	0
Exchange traded | Ethanol
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	0	99,162	0	0	97,272	0
Exchange traded | Propane
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	0	118,986	0	0	74,550	0
Exchange traded | Other
Amounts of quantities outstanding included in commodity derivative contracts
Derivative, notional amount	0	1,440	444	0	420	825

Derivatives (Fair Value of Comp

Derivatives (Fair Value of Company's Other Derivatives) (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Derivative [Line Items]
Fair value of derivatives	$ 8,696	$ 24,237
Interest rate component of debt - accounted for as a hedge | Other current liabilities | Foreign Exchange Contract
Derivative [Line Items]
Fair value of derivatives	(3,972)	907
Interest rate component of debt - accounted for as a hedge | Other current assets | Interest rate contract
Derivative [Line Items]
Fair value of derivatives	6,761	9,968
Interest rate component of debt - accounted for as a hedge | Other noncurrent assets | Interest rate contract
Derivative [Line Items]
Fair value of derivatives	22,723	18,041
Interest rate component of debt - accounted for as a hedge | Other long-term liabilities | Interest rate contract
Derivative [Line Items]
Fair value of derivatives	$ (301)	$ 0

Derivatives (Schedule of Open I

Derivatives (Schedule of Open Interest Rate Contracts) (Details) - Interest rate component of debt - accounted for as a hedge - Long $ in Millions	Dec. 31, 2024 USD ($)
Interest Rate Swap One
Derivative [Line Items]
Initial Notional Amount	$ 87.5
Interest Rate	2.30%
Interest Rate Swap Two
Derivative [Line Items]
Initial Notional Amount	$ 43.8
Interest Rate	2.40%
Interest Rate Swap Three
Derivative [Line Items]
Initial Notional Amount	$ 43.8
Interest Rate	2.40%
Interest Rate Swap Four
Derivative [Line Items]
Initial Notional Amount	$ 50
Interest Rate	0.80%
Interest Rate Swap Five
Derivative [Line Items]
Initial Notional Amount	$ 50
Interest Rate	0.80%
Interest Rate Swap Six
Derivative [Line Items]
Initial Notional Amount	$ 20
Interest Rate	2.60%
Interest Rate Swap Seven
Derivative [Line Items]
Initial Notional Amount	$ 100
Interest Rate	2%
Interest Rate Swap Eight
Derivative [Line Items]
Initial Notional Amount	$ 50
Interest Rate	2.40%
Interest Rate Swap Nine
Derivative [Line Items]
Initial Notional Amount	$ 15
Interest Rate Swap Nine | Minimum
Derivative [Line Items]
Interest Rate	0%
Interest Rate Swap Nine | Maximum
Derivative [Line Items]
Interest Rate	3.30%
Interest Rate Swap Ten
Derivative [Line Items]
Initial Notional Amount	$ 50
Interest Rate	3.70%
Interest Rate Swap Eleven
Derivative [Line Items]
Initial Notional Amount	$ 50
Interest Rate	2.90%
Interest Rate Swap 12
Derivative [Line Items]
Initial Notional Amount	$ 35
Interest Rate	4.20%

Employee Benefit Plans (Textual

Employee Benefit Plans (Textual) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Retirement Benefits [Abstract]
Company's expense for its defined contribution plans	$ 14.2	$ 17.7	$ 17.2

Employee Benefit Plans (Obligat

Employee Benefit Plans (Obligation and Funded Status of Pension and Postretirement Plans) (Details) - Postretirement health care benefit plan - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Change in benefit obligation
Benefit obligation at beginning of year	$ 17,266,000	$ 17,433,000
Service cost	133,000	151,000	$ 248,000
Interest cost	785,000	830,000	586,000
Actuarial (gains) losses	(911,000)	(66,000)
Participant contributions	227,000	257,000
Benefits paid	(1,573,000)	(1,339,000)
Benefit obligation at end of year	15,927,000	17,266,000	17,433,000
Change in plan assets
Fair value of plan assets at beginning of year	0	0
Company contributions	1,346,000	1,082,000
Participant contributions	227,000	257,000
Benefits paid	(1,573,000)	(1,339,000)
Fair value of plan assets at end of year	0	0	$ 0
Underfunded status of plans at end of year	$ (15,927,000)	$ (17,266,000)

Employee Benefit Plans (Amounts

Employee Benefit Plans (Amounts Recognized in Consolidated Balance Sheets) (Details) - Postretirement health care benefit plan - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Amounts recognized in the consolidated balance sheets
Accrued expenses and other current liabilities	$ 1,282	$ 1,242
Other long-term liabilities	14,645	16,024
Net amount recognized	$ 15,927	$ 17,266

Employee Benefit Plans (Pre-tax

Employee Benefit Plans (Pre-tax Amounts Recognized in Accumulated Other Comprehensive Loss) (Details) - Postretirement health care benefit plan $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($)
Details of the pre-tax amounts recognized in accumulated other comprehensive loss
Balance at beginning of year, Unamortized Actuarial Net Losses	$ 11,744
Balance at beginning of year, Unamortized Prior Service Costs	(6,243)
Amounts arising during the period, Unamortized Actuarial Net Losses	911
Amounts arising during the period, Unamortized Prior Service Costs	0
Amounts recognized as a component of net periodic benefit cost, Unamortized Actuarial Net Losses	0
Amounts recognized as a component of net periodic benefit cost, Unamortized Prior Service Costs	(1,206)
Balance at end of year, Unamortized Actuarial Net Losses	12,655
Balance at end of year, Unamortized Prior Service Costs	$ (7,449)

Employee Benefit Plans (Benefit

Employee Benefit Plans (Benefits Expected to be Paid for Defined Benefit Plans) (Details) - Expected Postretirement Benefit Payout $ in Thousands	Dec. 31, 2024 USD ($)
Combined benefits expected to be paid for all Company defined benefit plans
2019	$ 1,282
2020	1,285
2021	1,288
2022	1,287
2023	1,284
2024-2028	$ 6,167

Employee Benefit Plans (Compone

Employee Benefit Plans (Components of Net Period Benefit Plans) (Details) - Postretirement health care benefit plan - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Components of the net periodic benefit cost
Service cost	$ 133	$ 151	$ 248
Interest cost	785	830	586
Amortization of prior service cost	(911)	(911)	(911)
Amortization of actuarial gain	(295)	(323)	0
Net periodic benefit (gain) cost	$ (288)	$ (253)	$ (77)

Employee Benefit Plans (Weighte

Employee Benefit Plans (Weighted Average Assumptions of Pension and Postretirement Benefits) (Details) - Postretirement health care benefit plan	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Used to Determine Benefit Obligations at Measurement Date
Discount rate for benefit obligations	5.40%	4.70%	4.90%
Discount rate for net periodic cost	4.70%	4.90%	2.60%
Expected long-term return on plan assets	0%	0%	0%
Rate of compensation increases	0%	0%	0%

Employee Benefit Plans (Assumed

Employee Benefit Plans (Assumed Health Care Cost Trend Rate at Beginning of Year) (Details)	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2017
Assumed Health Care Cost Trend Rates at Beginning of Year
Health care cost trend rate assumed for next year	3%	3%
Maximum
Assumed Health Care Cost Trend Rates at Beginning of Year
Cap rate on Company's share of related costs			2%

Revenue (Disaggregation of Reve

Revenue (Disaggregation of Revenues) (Details) - Nutrient And Industrial - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Total sales and merchandising revenues	$ 943,397	$ 833,141	$ 1,099,308
Ag Supply Chain
Disaggregation of Revenue [Line Items]
Total sales and merchandising revenues	586,873	482,492	691,696
Specialty Liquids
Disaggregation of Revenue [Line Items]
Total sales and merchandising revenues	206,477	178,223	261,964
Engineered Granules
Disaggregation of Revenue [Line Items]
Total sales and merchandising revenues	$ 150,047	$ 172,426	$ 145,648

Revenue (Textual) (Details)

Revenue (Textual) (Details) - Specialty nutrients - Transferred at Point in Time	12 Months Ended
	Dec. 31, 2024
Minimum
Disaggregation of Revenue [Line Items]
Expected payment period	0 days
Maximum
Disaggregation of Revenue [Line Items]
Expected payment period	30 days

Revenue (Contract Liabilities B

Revenue (Contract Liabilities Balances) (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Contract liability	$ 24,812	$ 30,686	$ 55,408

Income Taxes (Income Tax Provis

Income Taxes (Income Tax Provision) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current:
Federal	$ 21,081	$ 30,274	$ 38,801
State and local	7,568	5,852	13,541
Foreign	4,780	2,869	4,741
Total current income tax provision	33,429	38,995	57,083
Deferred:
Federal	(4,028)	(1,012)	(13,425)
State and local	(202)	1,252	(6,775)
Foreign	858	(2,201)	2,745
Total deferred income tax provision	(3,372)	(1,961)	(17,455)
Federal	17,053	29,262	25,376
State and local	7,366	7,104	6,766
Foreign	5,638	668	7,486
Total income tax expense	$ 30,057	$ 37,034	$ 39,628

Income Taxes (Income (Loss) Bef

Income Taxes (Income (Loss) Before Income Taxes from Continuing Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Components of income before income taxes
U.S.	$ 199,950	$ 161,377	$ 173,810
Foreign	807	8,186	20,772
Income before income taxes from continuing operations	$ 200,757	$ 169,563	$ 194,582

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of U.S. Federal Tax to Effective Tax Rate) (Details)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Effective tax rate reconciliation
Statutory U.S. federal tax rate	21%	21%	21%
Increase (decrease) in rate resulting from:
State and local income taxes, net of related federal taxes	3%	2.90%	2.40%
Effect of noncontrolling interest	(5.90%)	(3.90%)	(3.90%)
Derivative instruments and hedging activities	(0.10%)	0%	(1.30%)
U.S. income taxes on foreign earnings	0.40%	1.30%	(0.10%)
Nondeductible compensation	0.60%	0.90%	1.20%
Unrecognized tax benefits	(0.10%)	4.70%	8%
Valuation allowance	1.10%	0.40%	0.70%
Foreign tax credits	(1.00%)	(2.90%)	(2.10%)
Research and development and other tax credits	(6.00%)	(2.70%)	(7.00%)
Other, net	2%	0.10%	1.50%
Effective tax rate	15%	21.80%	20.40%

Income Taxes (Textual) (Details

Income Taxes (Textual) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Loss Carryforwards [Line Items]
Income taxes paid (refunded), net	$ 31,500	$ 45,700	$ 88,700
General business credits carryforwards	4,200
Valuation allowance	6,591	4,416
Tax credit carryforward, valuation allowance	4,200
Net operating loss carryforwards, valuation allowance	1,100
Unrecognized tax benefits	70,451	84,719	79,262	$ 51,754
Penalties and interest accruals	15,700	$ 13,000	$ 8,600
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	70,500
Valuation Allowance, Equity Method Investees
Operating Loss Carryforwards [Line Items]
Valuation allowance	1,300
Research Tax Credit Carryforward
Operating Loss Carryforwards [Line Items]
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	54,100
Minimum
Operating Loss Carryforwards [Line Items]
Significant change, amount of unrecorded benefit	3,300
Maximum
Operating Loss Carryforwards [Line Items]
Significant change, amount of unrecorded benefit	14,200
State
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	31,800
Non U.S.
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 7,000

Income Taxes (Components of Def

Income Taxes (Components of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Deferred tax liabilities:
Property, plant and equipment		$ (64,934)	$ (66,497)
Operating lease right-of-use assets		(18,029)	(8,716)
Identifiable intangibles		0	(3,565)
Investments		(21,968)	(29,962)
Derivative Instruments		(7,202)	(6,972)
Other		(5,607)	(5,826)
Deferred tax liabilities		(117,740)	(121,538)
Deferred tax assets:
Employee benefits		24,346	28,989
Accounts and notes receivable		12,289	10,406
Inventory		3,166	3,718
Identifiable intangibles		655	0
Federal income tax credits		4,203	3,439
Net operating loss carryforwards		1,212	1,015
Operating lease liability		17,685	8,653
Other		7,402	12,324
Total deferred tax assets		70,958	68,544
less: Valuation allowance		(6,591)	(4,416)
Net deferred tax assets		64,367	64,128
Net deferred tax liabilities	[1]	(53,373)	(57,410)
Other Assets [Member]
Deferred tax assets:
Net deferred tax assets		$ 1,700	$ 1,200
[1] The Company had deferred tax assets of $1.7 million and $1.2 million included in Other assets in the Consolidated Balance Sheets as of December 31, 2024, and 2023, respectively.

Income Taxes (Reconciliation _2

Income Taxes (Reconciliation of Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Unrecognized Tax Benefits [Roll Forward]
Balance at beginning of year	$ 84,719	$ 79,262	$ 51,754
Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions	0	0	8,074
Tax positions related to prior years, gross additions	0	6,134	19,434
Tax positions related to prior years, gross reductions	(4,275)	(58)	0
Tax positions related to prior years, settlements	(9,993)	0	0
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations	0	(619)	0
Balance at ending of year	$ 70,451	$ 84,719	$ 79,262

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	$ 1,516,387	$ 1,429,769	$ 1,307,704
Other comprehensive (loss) income	(10,280)	2,381	19,290
Ending Balance	1,599,836	1,516,387	1,429,769
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	22,865	20,484	1,194
Ending Balance	12,585	22,865	20,484
Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(2,581)	(8,203)
Other comprehensive income (loss) before reclassifications	(10,888)	5,622
Tax effect	0	0
Other comprehensive (loss) income	(10,888)	5,622
Ending Balance	(13,469)	(2,581)	(8,203)
Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	20,985	23,546
Other comprehensive income (loss) before reclassifications	13,768	6,725
Amounts reclassified from accumulated other comprehensive income (loss)	(12,922)	(10,132)
Tax effect	(260)	846
Other comprehensive (loss) income	586	(2,561)
Ending Balance	21,571	20,985	23,546
Pension and Other Postretirement Plans
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	4,203	4,883
Other comprehensive income (loss) before reclassifications	939	19
Amounts reclassified from accumulated other comprehensive income (loss)	(911)	(911)
Tax effect	(6)	212
Other comprehensive (loss) income	22	(680)
Ending Balance	4,225	4,203	4,883
Investments in Convertible Preferred Securities
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	258	258
Other comprehensive (loss) income	0	0
Ending Balance	$ 258	$ 258	$ 258

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Assets and liabilities measured at fair value on a recurring basis
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Identifiable assets
Recurring
Assets and liabilities measured at fair value on a recurring basis
Commodity derivatives, net	$ 90,051	$ 88,248
Provisionally priced contracts	(57,220)	(174,079)
Convertible preferred securities	14,190	15,625
Other assets and liabilities	31,894	33,486
Total	78,915	(36,720)
Recurring | Level 1
Assets and liabilities measured at fair value on a recurring basis
Commodity derivatives, net	47,721	48,676
Provisionally priced contracts	(12,203)	(108,736)
Convertible preferred securities	0	0
Other assets and liabilities	2,711	5,477
Total	38,229	(54,583)
Recurring | Level 2
Assets and liabilities measured at fair value on a recurring basis
Commodity derivatives, net	42,330	39,572
Provisionally priced contracts	(45,017)	(65,343)
Convertible preferred securities	0	0
Other assets and liabilities	29,183	28,009
Total	26,496	2,238
Recurring | Level 3
Assets and liabilities measured at fair value on a recurring basis
Commodity derivatives, net	0	0
Provisionally priced contracts	0	0
Convertible preferred securities	14,190	15,625
Other assets and liabilities	0	0
Total	$ 14,190	$ 15,625

Fair Value Measurements (Reconc

Fair Value Measurements (Reconciliation of Ending Balances of Recurring Fair Value Measurements Using Level 3 Inputs) (Details) - Level 3 - Convertible Preferred Securities - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Assets at January 1,	$ 15,625	$ 16,278
Additional investments	100	1,342
Gains (losses) included in Other income, net	(1,535)	497
Proceeds from investments	0	(1,670)
Reclassification to a receivable in Other assets, net	0	(822)
Assets at December 31,	$ 14,190	$ 15,625

Fair Value Measurements (Summar

Fair Value Measurements (Summarized Information About Level 3 Fair Value Measurements) (Details) - Level 3 - Convertible Preferred Securities - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets, fair value measurement with unobservable input	$ 14,190	$ 15,625	$ 16,278
Recurring | Implied based on market prices
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets, fair value measurement with unobservable input	$ 14,190	$ 15,625

Related Party Transactions (Det

Related Party Transactions (Details) - Related Party	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues | Product Concentration Risk
Related Party Transaction [Line Items]
Concentration risk percentage, less than	3%	3%	3%
Cost of Goods and Service Benchmark | Product Concentration Risk
Related Party Transaction [Line Items]
Concentration risk percentage, less than	1%	1%	1%
Accounts Receivable | Customer Concentration Risk
Related Party Transaction [Line Items]
Concentration risk percentage, less than	3%	3%
Accounts Payable, Trade And Other | Customer Concentration Risk
Related Party Transaction [Line Items]
Concentration risk percentage, less than	1%

Segment Information - Additiona

Segment Information - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) segment	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Segment Reporting [Abstract]
Number of reportable segments (business segments) | segment	3
Segment Reporting Information [Line Items]
Long-lived assets	$ 4,121,314	$ 3,855,007	$ 4,607,996
Canada
Segment Reporting Information [Line Items]
Long-lived assets	$ 45,800	$ 36,100

Segment Information - Segment I

Segment Information - Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Sales and merchandising revenues		$ 11,257,548	$ 14,750,112	$ 17,325,384
Purchases of products		10,563,622	14,004,749	16,641,220
Operating, administrative and general expenses		503,620	492,260	457,556
Asset impairment		0	87,156	9,000
Interest expense		(31,760)	(46,867)	(56,849)
Other income, net		42,211	50,483	33,823
Income (loss) before income taxes from continuing operations		200,757	169,563	194,582
Depreciation and amortization		127,804	125,106	134,742
Purchases of property, plant and equipment and capitalized software		149,187	150,443	108,284
Interest income		21,093	13,007	3,000
Corporate expenses
Segment Reporting Information [Line Items]
Income (loss) before income taxes from continuing operations		48,159	42,895	48,026
Inter-Segments
Segment Reporting Information [Line Items]
Segment income before income taxes from continuing operations		248,916	212,458	242,608
Operating Segments
Segment Reporting Information [Line Items]
Sales and merchandising revenues		11,257,548	14,750,112	17,325,384
Purchases of products		10,563,622	14,004,749	16,641,220
Operating, administrative and general expenses		455,121	444,549	410,325
Asset impairment			87,156	9,000
Interest expense		33,739	48,635	58,624
Other income, net		43,850	47,435	36,393
Trade
Segment Reporting Information [Line Items]
Depreciation and amortization		40,505	36,109	35,953
Purchases of property, plant and equipment and capitalized software		59,240	49,728	29,433
Interest income		12,499	6,730	2,297
Trade | Inter-Segments
Segment Reporting Information [Line Items]
Segment income before income taxes from continuing operations		91,433	96,234	95,225
Trade | Operating Segments
Segment Reporting Information [Line Items]
Sales and merchandising revenues		7,622,077	10,426,083	13,047,537
Purchases of products		7,218,395	10,016,133	12,639,830
Operating, administrative and general expenses		316,390	308,470	273,592
Asset impairment			0	9,000
Interest expense		24,587	35,234	42,551
Other income, net		28,728	29,988	12,661
Renewables
Segment Reporting Information [Line Items]
Asset impairment	$ 87,200
Depreciation and amortization		49,705	51,408	63,458
Purchases of property, plant and equipment and capitalized software		49,808	54,546	42,734
Interest income		5,075	5,087	589
Renewables | Grain Facility In Nebraska
Segment Reporting Information [Line Items]
Interest expense				9,000
Renewables | Inter-Segments
Segment Reporting Information [Line Items]
Segment income before income taxes from continuing operations		139,495	91,175	108,221
Renewables | Operating Segments
Segment Reporting Information [Line Items]
Sales and merchandising revenues		2,802,330	3,380,632	3,178,539
Purchases of products		2,633,179	3,178,235	3,051,544
Operating, administrative and general expenses		35,493	32,737	30,730
Asset impairment			87,156	0
Interest expense		2,841	6,385	8,775
Other income, net		8,678	15,056	20,731
Nutrient & Industrial | Inter-Segments
Segment Reporting Information [Line Items]
Segment income before income taxes from continuing operations		17,988	25,049	39,162
Nutrient & Industrial | Operating Segments
Segment Reporting Information [Line Items]
Sales and merchandising revenues		833,141	943,397	1,099,308
Purchases of products		712,048	810,381	949,846
Operating, administrative and general expenses		103,238	103,342	106,003
Asset impairment			0	0
Interest expense		6,311	7,016	7,298
Other income, net		6,444	2,391	3,001
Nutrient And Industrial
Segment Reporting Information [Line Items]
Depreciation and amortization		32,488	29,268	26,634
Purchases of property, plant and equipment and capitalized software		36,116	42,524	34,678
Interest income		3,519	1,163	4
Segment Reporting, Reconciling Item, Other
Segment Reporting Information [Line Items]
Depreciation and amortization		5,106	8,321	8,697
Purchases of property, plant and equipment and capitalized software		4,023	3,645	1,439
Interest income		$ 0	$ 27	$ 110

Segment Information - Identifia

Segment Information - Identifiable Assets by Segment (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Identifiable assets	$ 4,121,314	$ 3,855,007	$ 4,607,996
Trade
Segment Reporting Information [Line Items]
Identifiable assets	2,279,698	2,164,578	3,166,813
Renewables
Segment Reporting Information [Line Items]
Identifiable assets	679,430	763,203	835,860
Nutrient & Industrial
Segment Reporting Information [Line Items]
Identifiable assets	499,443	434,674	530,596
Segment Reporting, Reconciling Item, Other
Segment Reporting Information [Line Items]
Identifiable assets	$ 662,743	$ 492,552	$ 74,727

Segment Information - Segment_2

Segment Information - Segment Information by Geographic Region (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Sales and merchandising revenues	$ 11,257,548	$ 14,750,112	$ 17,325,384
United States
Segment Reporting Information [Line Items]
Sales and merchandising revenues	8,103,367	9,772,619	12,503,330
Canada
Segment Reporting Information [Line Items]
Sales and merchandising revenues	517,131	694,774	1,199,487
Mexico
Segment Reporting Information [Line Items]
Sales and merchandising revenues	392,142	533,012	493,111
Egypt
Segment Reporting Information [Line Items]
Sales and merchandising revenues	124,905	462,068	573,371
Switzerland
Segment Reporting Information [Line Items]
Sales and merchandising revenues	176,358	373,305	373,737
Other
Segment Reporting Information [Line Items]
Sales and merchandising revenues	$ 1,943,645	$ 2,914,334	$ 2,182,348

Leases (Summary of Amounts Reco

Leases (Summary of Amounts Recognized in Condensed Consolidated Balance Sheet) (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Assets
Operating lease assets	$ 104,630	$ 54,234
Finance lease assets	23,119	20,289
Total leased assets	127,749	74,523
Liabilities
Current operating leases	25,773	22,322
Non-current operating leases	65,312	31,659
Total operating lease liabilities	91,085	53,981
Current finance leases	1,884	1,134
Non-current finance leases	9,616	7,879
Total finance lease liabilities	11,500	9,013
Total lease liabilities	$ 102,585	$ 62,994
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued Liabilities, Current	Accrued Liabilities, Current
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Less: current maturities	Less: current maturities
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-Term Debt, Excluding Current Maturities	Long-Term Debt, Excluding Current Maturities
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, plant and equipment, net	Property, plant and equipment, net

Leases (Components of Lease Cos

Leases (Components of Lease Cost) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Lease cost:
Interest expense on lease liabilities	$ 346	$ 332	$ 413
Total lease cost	36,517	33,852	35,256
Cost of sales and merchandising revenues
Lease cost:
Operating lease cost	17,760	16,123	19,891
Amortization of right-of-use assets	80	120	614
Short-term lease cost	2,194	2,160	2,465
Variable lease cost	0	500	338
Operating, administrative and general expenses
Lease cost:
Operating lease cost	14,490	13,203	10,132
Amortization of right-of-use assets	1,133	1,045	1,009
Short-term lease cost	46	144	0
Variable lease cost	$ 468	$ 225	$ 394

Leases (Weighted Average Remain

Leases (Weighted Average Remaining Lease Term) (Details)	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Operating leases	10 years 10 months 24 days	4 years
Finance leases	6 years 7 months 6 days	8 years 7 months 6 days

Leases (Weighted Average Discou

Leases (Weighted Average Discount Rate) (Details)	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Operating leases	4.96%	4.27%
Finance leases	4.19%	3.77%

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 33,094	$ 30,467	$ 30,294
Financing cash flows from finance leases	1,185	1,270	1,782
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$ 72,196	$ 48,569	$ 36,056

Leases (Maturity Analysis of Le

Leases (Maturity Analysis of Lease Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Operating Leases
2025	$ 29,882	$ 23,790
2026	21,028	14,518
2027	13,808	8,755
2028	7,456	5,225
2029	4,038	1,714
Thereafter	62,350	5,076
Total lease payments	138,562	59,078
Less: interest	47,477	5,097
Total	91,085	53,981
Finance Leases
2025	2,338	1,447
2026	2,414	1,456
2027	2,229	1,462
2028	2,075	1,471
2029	2,394	1,481
Thereafter	1,986	3,488
Total lease payments	13,436	10,805
Less: interest	1,936	1,792
Total	11,500	9,013
Total
2025	32,220	25,237
2026	23,442	15,974
2027	16,037	10,217
2028	9,531	6,696
2029	6,432	3,195
Thereafter	64,336	8,564
Total lease payments	151,998	69,883
Less: interest	49,413	6,889
Total lease liabilities	$ 102,585	$ 62,994

Stock Compensation Plans (Addit

Stock Compensation Plans (Additional Information) (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	May 06, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense	$ 13.6	$ 12.9	$ 11.2
The 2019 LT Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)				7
Number of shares available for issuance (in shares)	3.1

Stock Compensation Plans (Restr

Stock Compensation Plans (Restricted Stock Awards) (Details) - Restricted Stock Awards - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Shares (in thousands)
Nonvested shares, beginning of period (shares)	248
Granted (shares)	147
Vested (shares)	(145)
Forfeited (shares)	(7)
Nonvested shares, end of period (shares)	243	248
Weighted-Average Grant-Date Fair Value
Nonvested shares, beginning of period (in dollars per share)	$ 41.74
Granted (in dollars per share)	48.93	$ 44.84	$ 43.38
Vested (in dollars per share)	34.61
Forfeited (in dollars per share)	49.21
Nonvested shares, end of period (in dollars per share)	$ 50.16	$ 41.74
Total fair value of shares vested (in thousands)	$ 5,022	$ 4,369	$ 7,465
The 2019 LT Plan
Weighted-Average Grant-Date Fair Value
Unrecognized compensation cost	$ 4,400
Unrecognized compensation cost, recognition period	1 year 4 months 24 days
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service period	1 year
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service period	3 years

Stock Compensation Plans (Weigh

Stock Compensation Plans (Weighted Average Assumptions Used to Determine Fair Value of Modifies PSUs) (Details)	12 Months Ended
	Dec. 31, 2024
Modified PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service period	3 years

Stock Compensation Plans (Modif

Stock Compensation Plans (Modified PSUs) (Details) - Modified PSUs - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Shares (in thousands)
Nonvested shares, beginning of period (shares)	0
Granted (shares)	223
Vested (shares)	0
Forfeited (shares)	(5)
Nonvested shares, end of period (shares)	218	0
Weighted-Average Grant-Date Fair Value
Nonvested shares, beginning of period (in dollars per share)	$ 0
Granted (in dollars per share)	60.42	$ 0	$ 0
Vested (in dollars per share)	0
Forfeited (in dollars per share)	60.42
Nonvested shares, end of period (in dollars per share)	60.42	0
Total fair value of shares vested (in thousands)	$ 60.42	$ 0	$ 0
Unrecognized compensation cost	$ 4,700
Unrecognized compensation cost, recognition period	2 years 2 months 12 days
Total fair value of shares vested (in thousands)	$ 0	$ 0	$ 0

Stock Compensation Plans (EPS P

Stock Compensation Plans (EPS PSUs Activity) (Details) - EPS PSUs - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service period	3 years
Shares (in thousands)
Nonvested shares, beginning of period (shares)	367
Granted (shares)	0
Vested (shares)	(136)
Forfeited (shares)	(5)
Nonvested shares, end of period (shares)		367
Weighted-Average Grant-Date Fair Value
Nonvested shares, beginning of period (in dollars per share)	$ 38.51
Granted (in dollars per share)	0	$ 46.04	$ 43.98
Vested (in dollars per share)	26.80
Forfeited (in dollars per share)	45.31
Nonvested shares, end of period (in dollars per share)	$ 45.39	$ 38.51
Unrecognized compensation cost	$ 1,000
Unrecognized compensation cost, recognition period	8 months 12 days
Total fair value of shares vested (in thousands)	$ 3,646	$ 2,150	$ 654

Stock Compensation Plans (TSR P

Stock Compensation Plans (TSR PSUs Activity) (Details) - TSR PSUs - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service period	3 years
Shares (in thousands)
Nonvested shares, beginning of period (shares)	367
Granted (shares)	0
Vested (shares)	(136)
Forfeited (shares)	(5)
Nonvested shares, end of period (shares)	226	367
Weighted-Average Grant-Date Fair Value
Nonvested shares, beginning of period (in dollars per share)	$ 56.01
Granted (in dollars per share)	0	$ 64.06	$ 66.90
Vested (in dollars per share)	35.66
Forfeited (in dollars per share)	67.86
Nonvested shares, end of period (in dollars per share)	$ 67.97	$ 56.01
Unrecognized compensation cost	$ 1,500
Unrecognized compensation cost, recognition period	8 months 12 days
Total fair value of shares vested (in thousands)	$ 4,851	$ 2,853	$ 0

Stock Compensation Plans (Emplo

Stock Compensation Plans (Employee Share Purchase Plan) (Details) - Stock Options	12 Months Ended
	Dec. 31, 2024 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	500,000
Number of shares available for issuance (in shares)	257,000
Term of Treasury issues	1 year

Stock Compensation Plans (Wei_2

Stock Compensation Plans (Weighted Average Assumptions Used to Determine Fair Value of ESP Plan) (Details) - Employee Stock	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of Treasury issues	1 year
Fair value of the option component of the ESP Plan
Risk free interest rate	4.79%	4.73%	0.39%
Dividend yield	1.29%	2.07%	1.82%
Volatility factor of the expected market price of the common shares	36%	53%	38%
Expected life for the options (in years)	1 year	1 year	1 year

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Changes in Goodwill) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Roll Forward]
Goodwill at beginning of period	$ 127,856	$ 129,342	$ 129,342
Disposals		(800)
Acquisitions	0		0
Impairments		(686)
Goodwill at end of period	127,856	127,856	129,342
Trade
Goodwill [Roll Forward]
Goodwill at beginning of period	119,067	119,867	119,867
Disposals		(800)
Acquisitions	0		0
Impairments		0
Goodwill at end of period	119,067	119,067	119,867
Renewables
Goodwill [Roll Forward]
Goodwill at beginning of period	8,789	8,789	8,789
Disposals		0
Acquisitions	0		0
Impairments		0
Goodwill at end of period	8,789	8,789	8,789
Nutrient & Industrial
Goodwill [Roll Forward]
Goodwill at beginning of period	0	686	686
Disposals		0
Acquisitions	0		0
Impairments		(686)
Goodwill at end of period	$ 0	$ 0	$ 686

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets (Textual) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 127,856	$ 127,856	$ 129,342	$ 129,342
Impairments		686
Amortization expense for intangible assets	22,500	24,500	24,100
Expected future annual amortization expense of intangibles in year one	16,300
Expected future annual amortization expense of intangibles in year two	14,200
Expected future annual amortization expense of intangibles in year three	13,900
Expected future annual amortization expense of intangibles in year four	12,000
Expected future annual amortization expense of intangibles in year five	2,800
Expected future annual amortization expense of intangibles thereafter	$ 10,200
Minimum
Finite-Lived Intangible Assets [Line Items]
Weighted average cost of capital percentage used to determine impairment or reporting unit	10%
Weighted average cost of capital percentage used to determine impairment or reporting unit, risk premium	2%
Maximum
Finite-Lived Intangible Assets [Line Items]
Weighted average cost of capital percentage used to determine impairment or reporting unit	10.25%
Weighted average cost of capital percentage used to determine impairment or reporting unit, risk premium	2.50%
Grain Storage and Merchandising
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 77,800
Percentage of FV in excess of carrying amount	15%
Food and Specialty Ingredients
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 41,300
Percentage of FV in excess of carrying amount	26%
Ethanol
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 8,800
Engineered Granules
Finite-Lived Intangible Assets [Line Items]
Impairments	700
Trade
Finite-Lived Intangible Assets [Line Items]
Goodwill	119,067	119,067	119,867	119,867
Goodwill, accumulated impairment loss	46,400
Impairments		0
Nutrient & Industrial
Finite-Lived Intangible Assets [Line Items]
Goodwill	0	0	$ 686	$ 686
Goodwill, accumulated impairment loss	$ 69,600
Impairments		$ 686

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets (Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Amortized intangible assets
Original Cost	$ 306,312	$ 300,134
Accumulated Amortization	236,967	214,555
Net Book Value	69,345	85,579
Customer lists
Amortized intangible assets
Original Cost	153,410	149,880
Accumulated Amortization	97,645	83,823
Net Book Value	55,765	66,057
Non-compete agreements
Amortized intangible assets
Original Cost	22,277	22,240
Accumulated Amortization	21,756	21,514
Net Book Value	521	726
Supply agreement
Amortized intangible assets
Original Cost	8,720	8,720
Accumulated Amortization	8,720	8,374
Net Book Value	0	346
Technology
Amortized intangible assets
Original Cost	13,399	13,400
Accumulated Amortization	12,898	11,558
Net Book Value	501	1,842
Trademarks and patents
Amortized intangible assets
Original Cost	16,049	15,810
Accumulated Amortization	15,437	14,302
Net Book Value	612	1,508
Software
Amortized intangible assets
Original Cost	91,615	89,241
Accumulated Amortization	80,054	74,541
Net Book Value	11,561	14,700
Other
Amortized intangible assets
Original Cost	842	843
Accumulated Amortization	457	443
Net Book Value	$ 385	$ 400
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	1 year
Minimum | Customer lists
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	3 years
Minimum | Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	1 year
Minimum | Supply agreement
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	10 years
Minimum | Technology
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	10 years
Minimum | Trademarks and patents
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	7 years
Minimum | Software
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	2 years
Minimum | Other
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	3 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	10 years
Maximum | Customer lists
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	10 years
Maximum | Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	7 years
Maximum | Supply agreement
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	10 years
Maximum | Technology
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	10 years
Maximum | Trademarks and patents
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	10 years
Maximum | Software
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	10 years
Maximum | Other
Finite-Lived Intangible Assets [Line Items]
Useful Life (in years)	5 years

Other Income, Net (Details)

Other Income, Net (Details) - USD ($) $ in Thousands		12 Months Ended
	Apr. 18, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Subsidiary or Equity Method Investee [Line Items]
Interest income		$ 21,093	$ 13,007	$ 3,000
Property insurance recoveries		9,781	11,807	10,632
Gain on deconsolidation of joint venture	$ 6,500	3,117	6,544	0
Gain on sale of assets and business, net		0	5,782	1,685
Patronage income		3,604	3,046	4,457
Biofuel Producer Program funds		0	2,190	17,643
Other		4,616	8,107	(3,594)
Total		42,211	50,483	33,823
Noncontrolling Interests
Subsidiary or Equity Method Investee [Line Items]
Biofuel Producer Program funds		800	8,700
Grain Facility In Nebraska
Subsidiary or Equity Method Investee [Line Items]
Gain on sale of assets and business, net		5,600
Business Interruption and Property Damage, Galena Park, TX Facility
Subsidiary or Equity Method Investee [Line Items]
Property insurance recoveries		3,100		3,000
Grain Bin Collapse, Indiana
Subsidiary or Equity Method Investee [Line Items]
Property insurance recoveries		4,900	2,700	5,000
Conveyor Collapse, Delhi, Louisiana
Subsidiary or Equity Method Investee [Line Items]
Property insurance recoveries			1,500	$ 2,600
Grain Bin Collapse, Delphi IN
Subsidiary or Equity Method Investee [Line Items]
Property insurance recoveries		$ 1,700	5,500
TAMH
Subsidiary or Equity Method Investee [Line Items]
Biofuel Producer Program funds			13,300
Element LLC
Subsidiary or Equity Method Investee [Line Items]
Biofuel Producer Program funds			$ 4,300

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
Income (loss) before income taxes from continuing operations	$ 170,700	$ 132,529	$ 154,954
Net income (loss) attributable to noncontrolling interests	56,688	31,339	35,899
Net income attributable to The Andersons Inc. common shareholders from continuing operations	114,012	101,190	119,055
Income from discontinued operations, net of income taxes	$ 0	$ 0	$ 12,025
Denominator:
Weighted average shares outstanding – basic (shares)	34,032	33,718	33,731
Effect of dilutive awards (shares)	290	664	691
Weighted average shares outstanding – diluted	34,322	34,382	34,422
Basic earnings:
Continuing operations (in dollars per share)	$ 3.35	$ 3	$ 3.53
Discontinued operations (in dollars per share)	0	0	0.36
Basic earnings (in dollars per share)	3.35	3	3.89
Diluted earnings:
Continuing operations (in dollars per share)	3.32	2.94	3.46
Discontinued operations (in dollars per share)	0	0	0.35
Diluted earnings (in dollars per share)	$ 3.32	$ 2.94	$ 3.81

ELEMENT (Details)

ELEMENT (Details) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
	Apr. 18, 2023	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Jan. 31, 2024
Schedule of Equity Method Investments [Line Items]
Asset impairment				$ 0	$ 87,156	$ 11,818
Deconsolidation, gain on revaluation of retained investment	$ 18,100
Accounts receivable				764,550	762,549
Gain on deconsolidation of joint venture	6,500			$ 3,117	$ 6,544	$ 0
Element LLC
Schedule of Equity Method Investments [Line Items]
Gain on deconsolidation of joint venture		$ 3,100
Consideration received on sale of assets							$ 44,000
Related Party | Element LLC
Schedule of Equity Method Investments [Line Items]
Loss on receivables	11,600
Related Party | Element LLC | Raw Material And Fees Receivable
Schedule of Equity Method Investments [Line Items]
Accounts receivable	9,600
Related Party | Element LLC | Loans And Interest Due
Schedule of Equity Method Investments [Line Items]
Accounts receivable	$ 2,000
Ethanol
Schedule of Equity Method Investments [Line Items]
Asset impairment			$ 87,200
Element LLC
Schedule of Equity Method Investments [Line Items]
Noncontrolling interest ownership percentage by parent				51%
Element LLC | ICM Holdings, In
Schedule of Equity Method Investments [Line Items]
Noncontrolling interest, ownership percentage by noncontrolling owners				49%

Business Acquisition (Additiona

Business Acquisition (Additional Information) (Details) - Skyland $ in Thousands	Nov. 01, 2024 USD ($)
Business Acquisition [Line Items]
Ownership interest acquired	65%
Total consideration for acquisition	$ 85,000
Percentage of noncontrolling interest	35%
Fair value of noncontrolling interest	$ 45,769
Acquisition costs	$ 2,400

Business Acquisition (Purchase

Business Acquisition (Purchase Price Allocation) (Details) - Skyland $ in Thousands	Nov. 01, 2024 USD ($)
Business Acquisition [Line Items]
Cash consideration paid	$ 85,000
Total consideration for acquisition	85,000
Cash and cash equivalents	65,388
Accounts receivable	47,963
Notes receivable	2,868
Inventories	220,547
Other current assets	21,396
Right of use assets	14,549
Other assets, net	1,334
Investments	12,932
Property, plant and equipment, net	136,199
Total assets assumed	523,176
Trade and other payables	74,528
Short-term debt	218,989
Current maturities of long-term debt	11,247
Accrued expense and other current liabilities	14,099
Other liabilities	14,992
Long-term debt	58,552
Total liabilities assumed	392,407
Fair value of noncontrolling interest	45,769
Net assets acquired	$ 85,000

Business Acquisition (Pro Forma

Business Acquisition (Pro Forma Information) (Details) - Skyland - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Business Acquisition [Line Items]
Net sales	$ 11,932,528	$ 15,865,304
Net income	$ 170,592	$ 24,858

Schedule II - Consolidated Va_2

Schedule II - Consolidated Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Allowance for credit loss	$ 48,325	$ 35,939	$ 26,392
Allowance for Doubtful Accounts
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	35,939	26,392	6,911
Charged to Costs and Expenses	17,637	11,519	4,249
Charged to Other Accounts (1)	0	0	17,168
Deductions	(5,251)	(1,972)	(1,936)
Balance at End of Period	48,325	$ 35,939	$ 26,392
Allowance for Doubtful Accounts | Rail Leasing Business
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Charged to Other Accounts (1)	2,700
Allowance for Doubtful Accounts | Commodity Contract
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Charged to Other Accounts (1)	$ 14,500