SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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 1520, 2012 (June 1119, 2012)

NEDAK Ethanol, LLC

(Exact Name of registrant as specified in its charter)

NEBRASKA	333-130343	20-0568230
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
87590 Hillcrest Road, P.O. Box 391, Atkinson, Nebraska		68713
(Address of Principal Executive Offices)		(Zip Code)
(402) 925-5570 (Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: □Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) □Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) □Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) □Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

87590 Hillcrest Road, P.O. Box 391, Atkinson, Nebraska		68713
(Address of Principal Executive Offices)		(Zip Code)
(402) 925-5570
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: □Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) □Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) □Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) □Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.04. Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement

NEDAK Ethanol, LLC (the “Company”) is a party to an Amended and Restated Credit Agreement dated December 31, 2011 (the “Restated Credit Agreement”) with AgCountry Farm Credit Services, FLCA (the “Senior Lender”), ~~and~~ the First Supplement to the Amended and Restated Master Credit Agreement between the Company and the Senior Lender dated December 31, 2011 (the “First Supplement” and ~~together~~an ~~with~~Amended ~~the~~and Restated ~~Credit~~Term ~~Agreement~~Note dated December 31, 2011 (the “~~Senior~~Restated ~~Credit Agreement~~Note”~~). Under~~ ~~the~~and ~~Senior~~collectively ~~Credit~~with ~~Agreement,~~ the ~~Company~~Restated isCredit ~~required~~Agreement ~~to make principal~~ and ~~interest~~the ~~payments~~First onSupplement, the ~~first~~“Restated ofLoan ~~each month~~Documents”). ~~Copies~~As ofpreviously ~~the~~disclosed ~~Restated~~by ~~Credit Agreement and~~ the ~~First~~Company, ~~Supplement~~on ~~were~~June ~~filed as Exhibits 10.1 and 10.2~~11, ~~respectively~~2012, to the Company’s ~~Annual~~provided ~~Report~~the onSenior ~~Form~~Lender ~~10-K~~with ~~for~~written ~~the~~notice ~~fiscal~~of ~~year~~an ~~ended~~occurrence ~~December~~of ~~31,~~an ~~2011~~event ~~filed~~of ~~with~~default under the ~~Securities~~Restated ~~and~~Loan ~~Exchange~~Documents ~~Commission~~ (the “~~SEC~~Company Default Notice”) onas ~~March~~required ~~30,~~under ~~2012~~the (terms of the ~~“2011~~Restated ~~Form~~Loan ~~10-K”)~~Documents.

AsOn ~~previously~~June ~~disclosed~~19, 2012, the Company ~~has~~received ~~experienced,~~a notice of continuing default and ~~continues~~a demand for payment from the Senior Lender (the “Lender Notice”) in response to ~~experience,~~its receipt of the ~~adverse~~Company ~~effects~~Default Notice. The Lender Notice acknowledged receipt of the ~~current~~Company ~~negative~~Default ~~crush~~Notice ~~margins~~and asthe ~~well~~defaults asreferenced ~~other~~therein ~~negative~~and ~~market~~alleged ~~conditions~~additional ~~impacting~~events of default had occurred relating to the ~~ethanol~~Company’s ~~industry. Given~~inability to pay its debts as they become due and the ~~negative~~temporary ~~crush~~halt ~~margin~~in ~~environment,~~production at the Company’s ~~has~~ethanol ~~determined~~plant ~~that~~(collectively, itthe ~~needs~~“Events of Default”). Pursuant to ~~take~~the ~~aggressive~~Lender ~~steps~~Notice, tothe ~~conserve~~Senior ~~cash~~Lender ~~and~~advised ~~working~~the ~~capital~~Company ~~until~~that, as a result of the ~~current~~Events ~~market~~of ~~conditions~~Default, ~~impacting~~it is accelerating the ~~ethanol~~repayment ~~industry~~of ~~improve~~all amounts due under the Restated Note. As a ~~direct~~ result, ofthe ~~its~~Senior ~~cash~~Lender ~~conservation~~has ~~strategy,~~made a demand that the Company ~~did~~pay ~~not~~immediately ~~make~~the ~~certain~~aggregate ~~required~~outstanding ~~payments~~balance due and owing to ~~its~~the ~~lenders~~Lender (pursuant to the Restated Loan Documents which, as ~~discussed~~of ~~below)~~June 19, 2012, was $24,786,168.94 plus attorneys’ fees and ~~has~~other ~~initiated~~sums due or becoming due under the ~~process~~Restated ~~for~~Loan aDocuments. Until ~~temporary~~the ~~halt~~Company insatisfies ~~production~~all of the outstanding obligations under the Restated Loan Documents, interest and other charges continue to accrue at the default rate specified therein which, isas ~~discussed~~of inJune ~~Item~~20, 2012, was 8.~~01 below~~0%.

~~Senior Credit Agreement.~~ The ~~Company did not make the monthly principal and interest payment to the~~ Senior Lender ~~which~~advised ~~was due on June 1, 2012 (~~the ~~“June~~Company ~~P&I~~that ~~Payment”)~~it ~~within~~intends ~~the~~to ~~applicable~~exercise ~~10-day~~its ~~cure~~remedies ~~period. Therefore, on June 11, 2012, as required~~ under the ~~terms~~Restated ofLoan ~~the~~Documents ~~Senior~~and ~~Credit~~take ~~Agreement, the Company provided notice to the Senior Lender of the occurrence of an event of default based on the Company’s failure to pay the June P&I Payment within ten (10) days of the date~~ such ~~amount~~action ~~became~~as ~~due. In~~may ~~addition,~~be ~~the~~necessary ~~Company~~or ~~provided~~desirable ~~notice to the Senior Lender of an additional event of default that the Company expects to occur~~ under the ~~First~~circumstances ~~Amendment~~ to ~~Loan~~protect ~~Agreement~~its ~~dated~~interest ~~December~~in ~~31, 2011 (~~the ~~“First~~collateral ~~Amendment”) between the Company~~ and ~~Arbor~~specifically ~~Bank~~reserved ~~(the~~all ~~“TIF~~rights, ~~Lender”) which amends and supplements the Loan Agreement dated June 19~~remedies, ~~2007 between the Company~~ and ~~the~~privileges ~~TIF~~afforded ~~Lender~~under (the ~~“Original~~Restated ~~TIF~~ Loan ~~Agreement”~~Documents and ~~together~~any ~~with~~other ~~the~~documents ~~First~~between ~~Amendment and~~ the ~~Amended~~parties. Such ~~and~~remedies ~~Restated Promissory Note (the “Restated Note”) issued December 31~~include, ~~2011~~among ~~pursuant to the First Amendment~~others, the ~~“TIF~~right ~~Loan~~to ~~Agreement”).~~take ~~The~~possession ~~event~~ of ~~default under~~ the ~~TIF~~plant, ~~Loan~~foreclose ~~Agreement~~on isthe ~~discussed~~liens ~~further~~on ~~below. The Original TIF Loan Agreement,~~ the ~~First~~Company’s ~~Amendment~~property and sell the ~~Restated~~premises ~~Note~~independent ~~were~~of ~~filed~~any asforeclosure ~~Exhibits 10~~proceedings.~~11, 10.12 and 10.13, respectively, to the Company’s 2011 Form 10-K.~~

AsThe aCompany ~~result~~continues ofto ~~the~~have ~~event~~discussions ofwith ~~default under~~ the Senior ~~Credit~~Lender ~~Agreement,~~concerning the ~~Senior~~Events ~~Lender~~of ~~may~~Default; however, ~~among~~there ~~its~~can ~~remedies,~~be ~~declare~~no ~~all~~assurance ~~obligations~~that ~~under~~ the ~~Senior~~Company ~~Credit Agreement immediately due~~ and ~~payable and, unless waived by~~ the Senior Lender, ~~the outstanding balance under the Senior Credit Agreement~~ will ~~bear~~arrive ~~interest~~ at ~~the~~any ~~default~~agreement ~~rate~~(either ~~from~~oral ~~June~~or ~~11, 2012. The default rate is equal to the rate otherwise applicable plus two percent (2%~~written)~~. The~~ ~~applicable~~regarding ~~interest rate as of June 11~~forbearance, ~~2012~~waiver ~~was 6.0% and therefore, the default interest rate as~~ of ~~June 11, 2012 was 8.0%. In addition, in~~ the ~~event~~Events of ~~default under the Senior Credit Agreement~~Default, ~~the~~modifications ~~Senior Lender has rights under the related security agreement~~ to ~~take possession of~~ the ~~plant,~~Restated ~~foreclose~~Loan ~~on the~~Documents liens on the Company’s property and sell the premises independent of the foreclosure proceedings. As of June 15, 2012, the Senior Lender has neither exercised, nor provided notice to the Company of its intent to exercise, any of its rights or ~~remedies~~otherwise ~~under~~reach ~~the~~a ~~Senior~~satisfactory ~~Credit Agreement~~agreement.

~~The~~Item ~~Company has engaged in discussions with the Senior Lender concerning the Senior Credit Agreement, the events of default and the temporary halt in production~~7. ~~Although~~01. ~~the~~Regulation ~~Company~~FD and Senior Lender have commenced such negotiations, there can be no assurance that the Company and the Senior Lender will come to any agreement (either oral or written) regarding forbearance, waiver of the events of default, modifications to the Senior Credit Agreement or otherwise reach a satisfactory agreementDisclosure.

~~TIF~~On ~~Loan~~June ~~Agreement. Under~~20, ~~the terms of the TIF Loan Agreement~~2012, ~~a default under~~ the ~~Senior~~Company ~~Credit~~will ~~Agreement~~hold ~~constitutes~~its an2012 ~~event~~Annual Meeting of ~~default~~Members ~~under~~in ~~the TIF Loan Agreement. Therefore~~Atkinson, onNebraska ~~June~~(the ~~11,~~“Annual ~~2012,~~Meeting”) asand ~~required~~a ~~pursuant~~copy ~~to the terms~~ of the presentation ~~TIF~~to ~~Loan~~be ~~Agreement,~~used ~~the~~in ~~Company~~connection ~~provided~~with ~~notice to~~ the ~~TIF~~Annual ~~Lender~~Meeting ofis ~~the~~attached ~~occurrence~~hereto ofas anExhibit ~~event~~99.1 ofand ~~default~~is ~~under~~incorporated ~~the~~by ~~TIF~~reference ~~Loan~~into ~~Agreement~~this ~~based~~Item ~~on the Company’s default under the Senior Credit Agreement~~7.01.

InThe ~~addition,~~foregoing ~~under~~information ~~the~~(including ~~TIF Loan Agreement and~~ the ~~Escrow~~exhibit ~~Agreement~~hereto) ~~dated~~is ~~January~~being ~~23,~~furnished ~~2012~~under ~~between~~“Item ~~the~~7.01- ~~Company~~Regulation ~~and~~FD ~~First~~Disclosure”. ~~National~~Such ~~Bank~~information ~~of Omaha~~ (~~the~~including ~~“Tax Escrow Agreement”), on May 31, 2012~~ the ~~Company~~exhibit ~~was required to make a deposit to the tax escrow account (the “Tax Escrow Account”~~hereto) ~~established~~shall ~~under~~not ~~the~~be ~~Tax~~deemed ~~Escrow Agreement (the~~ “~~May Tax Escrow Payment~~filed”~~). In~~ ~~connection~~for ~~with~~purposes ~~the~~of ~~Company’s~~Section ~~cash~~18 ~~conservation~~of ~~strategy,~~ the ~~Company~~Securities ~~did not make the May Tax Escrow Payment~~ and ~~does~~Exchange ~~not~~Act ~~expect~~of to1934, ~~make~~as ~~the~~amended, ~~May~~nor ~~Tax~~shall ~~Escrow~~it ~~Payment~~be ~~within~~deemed ~~the~~incorporated ~~applicable~~by ~~15-day~~reference ~~cure~~in ~~period. The~~any ~~Company’s~~filing ~~failure~~under ~~to make~~ the ~~May~~Securities ~~Tax~~Act ~~Escrow~~of ~~Payment~~1933, ~~within~~as ~~the~~amended, ~~15-day~~except ~~cure~~as ~~period~~shall ~~will~~be ~~constitute~~expressly anset ~~additional~~forth ~~event~~by ofspecific ~~default~~reference ~~under~~in ~~the~~such ~~TIF Loan Agreement~~filing.

The ~~notices~~filing ~~provided~~of bythis ~~the~~Current ~~Company~~Report toand ~~both~~ the ~~Senior~~furnishing ~~Lender~~of ~~and~~this ~~the~~information ~~TIF~~pursuant ~~Lender~~to ~~informed~~Item ~~such~~7.01 ~~lenders~~do ofnot ~~the~~mean ~~impeding~~that ~~default~~such ~~relating~~information tois ~~the~~material ~~May~~or ~~Tax~~that ~~Escrow~~disclosure ~~Payment~~of ~~and~~such ~~the~~information ~~resulting~~is ~~cross-default implications~~required.

~~Under~~Item the terms of the TIF Loan Agreement, upon an event of default, the TIF Lender has the right to pursue any remedies available at law and a default interest rate which is four percent (4%) above the applicable interest rate shall apply following the event of default9.01. Financial ~~However,~~Statements ~~pursuant to the terms of an Intercreditor Agreement dated December 31, 2011 between the Senior Lender~~ and the TIF Lender, until such time as the Company’s obligations under the Senior Credit Agreement have been paid in full, the TIF Lender may not take any action or exercise any remedies against the Company or the collateral in connection with the Company’s failure to make monthly payments to the Tax Escrow Account (a “TIF Payment Default”) for 165 days from the date of the TIF Payment Default.Exhibits

The Company has engaged in discussions with the TIF Lender concerning the TIF Loan Agreements, the events of default and the temporary halt in production. Although the Company and the TIF Lender have commenced such negotiations, there can be no assurance that the Company and the TIF Lender will come to any agreement (either oral or written) regarding forbearance, waiver of the events of default, modifications to the TIF Loan Agreement or otherwise reach a satisfactory agreement.

Item 8.01. Other Events.

On June 15, 2012, the Company issued a press release announcing a temporary halt in production. Please see Exhibit 99.1 to this Current Report on Form 8-K, which is incorporated into this Item 8.01 by this reference, for additional information regarding this event.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit Description Number

Exhibit Number	Description

99.1	Annual Member Meeting Presentation dated June 20, 2012.

99.1 Press Release issued by NEDAK Ethanol, LLC on June 15, 2012.

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.

NEDAK ETHANOL, LLC

	NEDAK ETHANOL, LLC

Date: June 20, 2012.	By:	/s/ Jerome Fagerland
		Jerome Fagerland
		President and General Manager

Date: June 15, 2012.	By:	/s/ Jerome Fagerland
		Jerome Fagerland
		President and General Manager

Exhibit Index

Exhibit Description Number




Exhibit Number	Description
99.1	Annual Member Meeting Presentation dated June 20, 2012.

99.1 Press Release issued by NEDAK Ethanol, LLC on June 15, 2012.

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