Exhibit 12

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

|                                                             |  |                       |         |      |  |        |  |      |         |      |  |         |  |  |        | 
|------------------------------------------------------------ |  | --------------------- | ------- | ---- |  | ------ |  | ---- | ------- | ---- |  | ------- |  |  | ------ | 
|                                                             |  | Year Ended August 31, |        
|                                                            
|                                                             |  | 2010                  |         | 2009 |  | 2008   |  | 2007 |         | 2006 | 
|Earnings:                                                    |  |                       |         |      |  |        |  |      |         |      |  |         |  |  |        | 
|Net
 proceeds before income taxes from Continuing operations |  |                       | 100,233 |      |  | 96,053 |  |      | 110,863 |      |  | 148,415 |  |  | 76,096 | 
|Fixed
 charges, excluding capitalized interest, see below    |  |                       | 1,974   |      |  | 2,018  |  |      | 3,230   |      |  | 4,297   |  |  | 3,544  | 
|Amortization
 of capitalized interest                        |  |                       | 93      |      |  | 94     |  |      | 106     |      |  | 106     |  |  | 106    | 
|                                                             |  |                       |         |      |  |        |  |      |         |      |  |         |  |  |        | 
|Net Proceeds                                                 |  |                       | 102,300 |      |  | 98,165 |  |      | 114,199 |      |  | 152,818 |  |  | 79,746 | 
|                                                             |  |                       |         |      |  |        |  |      |         |      |  |         |  |  |        | 
|Fixed
 Charges:                                              |  |                       |         |      |  |        |  |      |         |      |  |         |  |  |        | 
|Interest Expense                                             |  |                       | 1,974   |      |  | 2,018  |  |      | 3,230   |      |  | 4,297   |  |  | 3,544  | 
|Interest
 factor included in rentals (1)                     |  |                       | 0       |      |  | 0      |  |      | 0       |      |  | 0       |  |  | 0      | 
|                                                             |  |                       |         |      |  |        |  |      |         |      |  |         |  |  |        | 
|Fixed
 charges, excluding capitalized Interest               |  |                       | 1,974   |      |  | 2,018  |  |      | 3,230   |      |  | 4,297   |  |  | 3,544  | 
|Interest
 capitalized                                        |  |                       | 0       |      |  | 0      |  |      | 0       |      |  | 0       |  |  | 0      | 
|Fixed
 Charges                                               |  |                       | 1,974   |      |  | 2,018  |  |      | 3,230   |      |  | 4,297   |  |  | 3,544  | 
|                                                             |  |                       |         |      |  |        |  |      |         |      |  |         |  |  |        | 
|Ratio
 of net proceeds to fixed charges                      |  |                       | 51.82   |      |  | 48.64  |  |      | 35.36   |      |  | 35.56   |  |  | 22.50  | 

|    |                                                                                                                                                                                                                                                           
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(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.

93

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