{"schema_version":"secwatch.filing_event.v1","accession":"0001163609-23-000034","form_type":"8-K","ticker":"SDSYA","cik":"0001163609","company_name":"SOUTH DAKOTA SOYBEAN PROCESSORS LLC","filed_at":"2023-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.268061+00:00","generated_at":"2026-06-10T18:51:44.628850+00:00","sec_items":["1.01","2.03"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"South Dakota Soybean Processors guarantees $111.35M for new oilseed plant with 35M bushel capacity","bullets":["Company guaranteed obligations of subsidiary High Plains Partners for investment in High Plains Processing oilseed plant near Mitchell, SD.","Facility expected to process approximately 35 million bushels of soybeans and other oilseeds annually.","Company committed to contribute at least $111.35M; $24.06M contributed as of Sept 7, 2023, balance during construction.","High Plains Partners total commitment to the project is at least $192M."],"urls":{"canonical":"https://secwatch.observer/filing/0001163609-23-000034","json":"https://secwatch.observer/filing/0001163609-23-000034.json","markdown":"https://secwatch.observer/filing/0001163609-23-000034.md","text":"https://secwatch.observer/filing/0001163609-23-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000034/0001163609-23-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000034/sdsp-20230907.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T18:51:44.628850+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"68854c159ba6b6eae034decbd92218c0cb5040a9","claim":"SOUTH DAKOTA SOYBEAN PROCESSORS LLC incurred guarantee of $111.35 million with High Plains Partners, LLC.","evidence_excerpt":"The Company agreed to guarantee certain financial obligations of High Plains Partners, LLC, a South Dakota limited liability company and majority-owned subsidiary of the Company, regarding High Plains Partners’ investment into HPP SD Holdings, LLC, a Delaware limited liability company, the sole purpose of which is to own and operate High Plains Processing, LLC.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000034/0001163609-23-000034-index.htm","confidence":0.7,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"guarantee"},{"label":"Principal","value":"$111.35 million"},{"label":"Counterparty","value":"High Plains Partners, LLC"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"53e23c5d21b516fb46f202214652a8745a4173e8","claim":"SOUTH DAKOTA SOYBEAN PROCESSORS LLC entered into guarantee agreement with High Plains Partners, LLC (effective 2023-09-07).","evidence_excerpt":"On September 7, 2023, South Dakota Soybean Processors, LLC (the “Company”) entered into a guarantee agreement regarding an investment in a new oilseed processing plant.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000034/0001163609-23-000034-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"High Plains Partners, LLC"},{"label":"Effective","value":"2023-09-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}