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Revenue
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
A majority 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. Approximately 83% of the Company's sales contracts are derivatives within the scope of ASC 815, Derivatives and Hedging, with the remaining 17% accounted for under ASC 606. Of the Sales and merchandising revenues within the scope of ASC 606, substantially all of the activity occurs at a point in time with the vast majority residing in the Agribusiness segment. Therefore, a further disaggregation of ASC 606 Sales and merchandising revenues and detail of outstanding contract balances within the Agribusiness segment have been provided below:
Three months ended June 30,Six months ended June 30,
(in thousands)2026202520262025
Specialty and primary nutrients$384,809 $377,450 $563,501 $541,256 
Premium ingredients60,066 60,269 123,191 130,106 
Propane and fuels32,928 43,950 102,661 135,524 
Other77,656 53,314 145,003 98,910 
Total$555,459 $534,983 $934,356 $905,796 

There were no material changes to the nature of the Company's products, performance obligations, timing or significant judgments related to revenue recognition during the period.

Contract Balances

The balances of the Company's contract liabilities were $17.5 million and $30.5 million as of June 30, 2026, and December 31, 2025, respectively. The difference between the opening and closing balances of the Company’s contract liabilities is primarily a result of timing differences between the Company’s performance and the customer’s payment. The main driver of the contract liabilities balance is payments for primary and specialty nutrients within the Agribusiness segment received in advance of fulfilling the performance obligations of customer contracts. Due to the seasonality of this business, contract liabilities are typically built up in preparation for the spring application season. Revenue is then recognized as the Company fulfills its contract obligations through the application season, which is the reason that contract liabilities were lower at June 30, 2026, when compared to December 31, 2025.