<ARTICLE> 5 <CIK> 0000948218 <NAME> MINN-DAK FARMER'S COOP <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> AUG-31-1999 <PERIOD-START> SEP-01-1998 <PERIOD-END> AUG-31-1999 <CASH> 546,345 <SECURITIES> 0 <RECEIVABLES> 23,359,606 <ALLOWANCES> 0 <INVENTORY> 22,997,657 <CURRENT-ASSETS> 49,229,147 <PP&E> 169,628,272 <DEPRECIATION> 60,441,602 <TOTAL-ASSETS> 174,296,499 <CURRENT-LIABILITIES> 35,825,839 <BONDS> 11,270,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 18,483,200 <COMMON> 118,250 <OTHER-SE> 60,792,906 <TOTAL-LIABILITY-AND-EQUITY> 174,296,499 <SALES> 152,741,993 <TOTAL-REVENUES> 151,862,667 <CGS> 78,243,768 <TOTAL-COSTS> 78,243,768 <OTHER-EXPENSES> 5,002,270 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,264,307 <INCOME-PRETAX> 720,145 <INCOME-TAX> 0 <INCOME-CONTINUING> 720,145 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 720,145 <EPS-BASIC> 0 <EPS-DILUTED> 0