Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~June~~August 1921, 2008

LITTLE SIOUX CORN PROCESSORS, L.L.C.

(Exact name of smallregistrant business issuer as specified in its charter)

Iowa	~~0001229899~~00050270	42-1510421
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
4808 F Ave. Marcus, IA		51035
(Address of principal executive offices)		(Zip Code)

(712) 376-2800

4808 F Ave., Marcus, IA		51035
(Address of principal executive offices)		(Zip Code)

(~~Registrant’s telephone number, including area code~~712) 376-2800

~~Check~~(Registrant’s ~~the~~telephone ~~appropriate~~number, ~~box~~including ~~below if the Form 8-K filing is intended~~area ~~to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below~~code):

~~o Written~~Check ~~communications~~the ~~pursuant~~appropriate tobox ~~Rule~~below if the Form ~~425~~8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the ~~Securities~~following ~~Act~~provisions (17see General ~~CFR~~Instruction ~~230~~A.~~425~~2. below):

o ~~Soliciting~~ Written communications ~~material~~ pursuant to Rule ~~14a-12~~ 425 under the ~~Exchange~~Securities Act (17 CFR ~~240~~ 230.~~14a-12~~425)

o ~~Pre-commencement communications~~ Soliciting material pursuant to Rule ~~14d~~14a-~~2(b)~~ 12 under the Exchange Act (17 CFR 240.~~14d~~14a-~~2(b~~12))

o Pre-commencement ~~communications~~ communications pursuant to Rule ~~13e~~14d-42(cb) under the Exchange Act (17 ~~CFR~~ CFR 240.~~13e~~14d-42(cb))

~~Item~~o Pre-commencement communications ~~1.01~~pursuant ~~Entry~~to ~~into~~Rule 13e-4(c) under athe ~~Material~~Exchange ~~Definitive~~Act ~~Agreement~~(17 CFR 240.13e-4(c))

~~Crude~~Item ~~Corn~~5.02 ~~Oil~~Departure ~~Purchase~~of ~~Agreement between~~Directors ~~LSCP,~~or ~~LLLP~~Certain ~~and~~Officers; ~~Soy~~Election ~~Energy,~~of ~~LLC~~Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Registrant is the general partner of LSCP, LLLP ~~(“LSCP”)~~. As general partner, Registrant manages ~~the~~ the business and day-to-day operations of LSCP, LLLP, and Registrant currently owns a a 60.15% ownership interest in LSCP~~. On~~, ~~June~~LLLP. ~~24,~~ ~~2008~~Pursuant ~~(effective~~to asSection 10.6 of ~~June 19~~LSCP,~~2008~~ LLLP’s Partnership Agreement and Section 5.2(b) of the Registrant’s Operating Agreement, ~~LSCP~~each ~~entered~~limited ~~into~~partner anof ~~agreement~~LSCP, ~~with~~LLLP shall ~~Soy~~have ~~Energy,~~the ~~LLC,~~right anto ~~Iowa~~appoint ~~limited~~one ~~liability~~person ~~company~~as ~~(“Soy~~a ~~Energy”),~~Class B inDirector ~~which~~on ~~Soy~~the ~~Energy~~Registrant’s ~~will~~Board ~~purchase~~of ~~820~~Directors,~~000~~ ~~pounds~~so oflong ~~corn~~as ~~oil~~the ~~produced~~Registrant byremains ~~LSCP~~the ~~per~~general partner ~~month~~of LSCP, LLLP. Such Class B ~~with~~Directors aserve ~~conditional~~at ~~option~~the todiscretion ~~purchase~~of ~~additional~~the ~~corn~~limited ~~oil~~partner until his or her successor is appointed.

~~The base~~Minnesota ~~price~~Corn ~~for~~Processors Holding ~~the~~Company, ~~corn~~L.L.C. ~~oil~~(“MCP”), is a ~~flat~~limited ~~fee~~partner ~~per~~of ~~pound~~LSCP, ~~F.O.B.~~LLLP, ~~LSCP’s~~notified ~~ethanol~~us ~~plant,~~that ~~with~~MCP ~~monthly~~wished ~~reconciliations~~to ~~based~~remove onEdward ~~the~~A. ~~difference~~Harjehausen ~~between~~as ~~the~~MCP’s ~~base~~Class B Director ~~price~~appointee ~~and~~on athe ~~heating~~Registrant’s ~~oil~~Board ~~index~~of ~~price. In addition,~~Directors ~~Soy~~and ~~Energy~~replace ~~shall~~him ~~pay~~with toKyle ~~LSCP~~D. James. The aRegistrant’s ~~flat~~Board ~~fee freight incentive for each~~of ~~pound~~Directors ofapproved ~~corn~~this ~~oil~~change ~~sold~~in ~~under~~Directors ~~the~~on ~~Agreement~~August 21, ~~and~~2008. It ais ~~profitability~~not ~~incentive~~anticipated ~~bonus~~at ~~based upon~~this ~~Soy~~time ~~Energy’s~~that ~~net income~~Mr. ~~The purchase~~ James ~~price~~ will be ~~adjusted,~~appointed into ~~the event, if~~ any, committees of ~~a change to~~ the ~~federal biodiesel~~Registrant’s ~~blenders~~Board ~~tax~~of ~~credit~~Directors.

The Agreement will have an initial term of three years, commencing on the date of the first delivery of corn oil under the Agreement, with automatic renewal periods of one year. The Agreement may be terminated upon written notice from either party within ninety days of the expiration of a term, for uncured breach or cause, if LSCP ceases the production / separation of corn oil, or if Soy Energy fails to provide a date of first delivery for corn oil prior to June 30, 2010.SIGNATURES

~~The~~Pursuant ~~above~~to ~~description~~the requirements isof ~~qualified~~the inSecurities ~~its~~Exchange ~~entirety~~Act byof 1934, the ~~full~~Registrant ~~text~~has ofduly caused this report to be signed on its behalf by the ~~Agreement~~undersigned hereunto duly authorized.

Item 9.01 Financial Statements and Exhibits

	LITTLE SIOUX CORN PROCESSORS, L.L.C.


Dated: August 27, 2008	By:	/s/ Stephen G. Roe
		Stephen G. Roe, President and Chief Executive Officer

~~(a) None. (b) None. (c) None. (d)~~2

	Exhibit No.		Description
	99.1		Crude Corn Oil Purchase Agreement with Soy Energy, LLC dated June 19, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LITTLE SIOUX CORN PROCESSORS, L.L.C.
Dated: June 27, 2008	By	/s/ Stephen G. Roe
		Stephen G. Roe, Chief Executive Officer

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