Annual report pursuant to section 13 and 15(d)

Inventories

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Inventories
12 Months Ended
Sep. 30, 2013
Inventories [Abstract]  
Inventories

Note 5. Inventories

 

Inventories consist of the following at September 30, 2013 and 2012:

 

(in thousands) September 30,
  2013   2012
       
Unharvested fruit crop on the trees $ 16,329     $ 16,176  
Unharvested sugarcane   11,728       10,185  
Beef cattle   1,200       768  
Other   146       161  
               
Total Inventories $ 29,403     $ 27,290  

 

The Company records its inventory at the lower of cost or net realizable value. For the years ended September 30, 2013, 2012 and 2011, the Company did not record any adjustments to reduce inventory to net realizable value.