Exhibit 12

MINN DAK FARMERS COOPERATIVE
COMPUTATION OF RATIO OF NET PROCEEDS TO FIXED CHARGES
(IN THOUSANDS)

|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|------------------------------------------------------------ |  | --------------------- | ------- | ---- |  | ------- |  | ---- | ------ | ---- |  | ------ |  |  | ------- | 
|                                                             |  | Year Ended August 31, |        
|                                                             |  |                       |        
|                                                             |  | 2008                  |         | 2007 |  | 2006    |  | 2005 |        | 2004 | 
|Earnings:                                                    |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|Net proceeds before income taxes from
 Continuing operations |  |                       | 110,863 |      |  | 148,415 |  |      | 76,096 |      |  | 88,088 |  |  | 107,909 | 
|Fixed charges, excluding capitalized interest, see below     |  |                       | 3,230   |      |  | 4,297   |  |      | 3,544  |      |  | 2,899  |  |  | 2,920   | 
|Amortization of capitalized interest                         |  |                       | 106     |      |  | 106     |  |      | 106    |      |  | 106    |  |  | 106     | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|Net Proceeds                                                 |  |                       | 114,199 |      |  | 152,818 |  |      | 79,746 |      |  | 91,093 |  |  | 110,935 | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|Fixed Charges:                                               |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|Interest Expense                                             |  |                       | 3,230   |      |  | 4,297   |  |      | 3,544  |      |  | 2,899  |  |  | 2,920   | 
|Interest factor included in rentals (1)                      |  |                       | 0       |      |  | 0       |  |      | 0      |      |  | 0      |  |  | 0       | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|Fixed charges, excluding capitalized Interest                |  |                       | 3,230   |      |  | 4,297   |  |      | 3,544  |      |  | 2,899  |  |  | 2,920   | 
|Interest capitalized                                         |  |                       | 0       |      |  | 0       |  |      | 0      |      |  | 0      |  |  | 0       | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|Fixed Charges                                                |  |                       | 3,230   |      |  | 4,297   |  |      | 3,544  |      |  | 2,899  |  |  | 2,920   | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 
|Ratio of net proceeds to fixed charges                       |  |                       | 35.36   |      |  | 35.56   |  |      | 22.50  |      |  | 31.42  |  |  | 37.99   | 
|                                                             |  |                       |         |      |  |         |  |      |        |      |  |        |  |  |         | 

|    |                                                                                                                                                                                                                                                           
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(1) | The company
 does lease certain items, such as office equipment. Due to the
 proportionately small amounts involved, interest on such lease payments has
 not been included in the total of the companys fixed charges of the
 calculation of this ratio.



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