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the reliability of financial reporting and the preparation of financial statements in accordance with U.S. generally accepted
accounting principles.
Under the supervision of and with the participation of management, including our Chief Executive Officer and Chief
Financial Officer, our management assessed the design and operating effectiveness of internal control over financial reporting
as of December 31, 2011 based on the framework set forth in Internal Control-Integrated Framework issued by the
Committee of Sponsoring Organizations of the Treadway Commission.
Based on this assessment, management concluded that our internal control over financial reporting was effective as of
December 31, 2011. KMPG LLP, an independent registered accounting firm, has audited and issued a report on the
Company’s internal control over financial reporting as of December 31, 2011. That report is included herein.
Changes in Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining effective internal control over financial reporting to
provide reasonable assurance regarding the reliability of our financial reporting and the preparation of our consolidated
financial statements for external purposes in accordance with generally accepted accounting principles. In the fourth quarter
of 2011, we implemented a process and information system enhancement, principally related to contract and risk
management activities, in our trade operations that are reported as a part of the marketing and distribution segment. The
process and information system resulted in modification to internal controls over the purchases, sales, accounts payable,
accounts receivable, cash receipts and inventory management related to distillers grains. There were no other material
changes in our internal control over financial reporting that occurred during the last fiscal quarter that have materially
affected, or are reasonably likely to materially affect, our internal control over financial reporting.