FORMWashington, 8-KDC 20549

CURRENTFORM REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 19348-K

~~Date of Report (Date of earliest event reported): October 11, 2007~~CURRENT REPORT

~~LITTLE~~Pursuant to ~~SIOUX~~Section 13 ~~CORN~~or ~~PROCESSORS,~~15(d) of ~~L.L.C.~~the Securities Exchange Act of 1934

~~(Exact~~Date ~~name~~ of ~~small~~Report ~~business~~(Date ~~issuer~~of asearliest ~~specified~~event ~~in its charter~~reported): January 14, 2008

Iowa		0001229899		42-1510421
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification No.)

LITTLE SIOUX CORN PROCESSORS, L.L.C.

4808(Exact Fname Ave. Marcus,of IAsmall 51035business issuer as specified in its charter)

(Address of principal executive offices)

Iowa		0001229899		42-1510421
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification No.)

~~(712)~~4808 ~~376-2800~~F Ave.

~~(Issuer’s~~Marcus, ~~telephone number)~~IA 51035

~~Check~~(Address ~~the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation~~ of ~~the~~principal ~~registrant~~executive ~~under any of the following provisions (see General Instruction A.2. below~~offices):

~~o Written communications pursuant to Rule 425 under the Securities Act~~ (~~17 CFR 230.425~~712) 376-2800

~~o Soliciting material pursuant to Rule 14a-12 under the Exchange Act~~ (17Issuer’s ~~CFR~~telephone ~~240.14a-12~~number)

oCheck the ~~Pre~~appropriate box below if the Form 8-~~commencement~~K ~~communications~~filing ~~pursuant~~is intended to ~~Rule~~simultaneously ~~14d-2(b)~~satisfy ~~under~~the filing obligation of the ~~Exchange~~registrant ~~Act~~under any of the following provisions (17see ~~CFR~~General Instruction ~~240~~A.~~14d-~~2(b. below)):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 52.02 ~~Departure~~Results of ~~Directors~~Operations orand ~~Certain~~Financial ~~Officers;~~Condition ~~Election~~and ofItem ~~Directors;~~7.01 ~~Appointment~~Regulation ofFD ~~Certain Officers; Compensatory Arrangements of Certain Officers.~~Disclosure

~~Registrant is~~On January 14, 2008 the ~~general~~Registrant’s ~~partner~~Board of ~~LSCP~~Directors, ~~LLLP. As~~acting as general partner, ~~Registrant manages the business and day-to-day operations~~ of LSCP, LLLP, ~~and Registrant~~ ~~currently~~approved ~~owns~~ a ~~60.15%~~cash ~~ownership~~distribution ~~interest~~of in$15,494,454 to LSCP, LLLP~~. Pursuant~~ topartners ~~Section~~of ~~10.6~~record as of ~~LSCP~~January 14, ~~LLLP’s partnership~~2008. As ~~agreement~~a ~~and~~holder ~~Section~~of 5approximately 60.~~2(b)~~15% of the ~~Registrant’s Operating~~ ~~Agreement,~~units ~~each limited partner~~ of LSCP, LLLP, ~~shall have~~ the ~~right~~Registrant towill ~~appoint one~~receive ~~person as~~ a ~~Class~~cash Bdistribution ~~Director~~of $9,320,518. On onJanuary 14, 2008, the Registrant’s Board of Directors~~, so~~ ~~long~~approved asa ~~the~~cash ~~Registrant~~distribution ~~remains the general partner~~ of ~~LSCP, LLLP~~$56. ~~Such~~10 ~~Class~~per Bmembership ~~Directors~~unit ~~serve~~or ata ~~the discretion~~total of $9,206,851 ~~the~~to ~~limited~~its ~~partner~~unit ~~until~~holders ~~his~~of orrecord ~~her~~as ~~successor~~of isJanuary 14, ~~appointed~~2008.

OnA copy of the press ~~October~~release ~~11,~~announcing ~~2007,~~and ~~Minnesota~~describing ~~Corn~~this ~~Processors~~distribution ~~Holding~~was ~~Company,~~made ~~L.L.C.~~available ~~(“MCP”),~~on athe ~~limited~~Registrant’s ~~partner~~website ofon ~~LSCP~~January 18, ~~LLLP,~~2008 ~~notified~~and usis ~~that~~attached ~~MCP~~hereto ~~wished~~as Exhibit 99.1. Pursuant to ~~remove~~the ~~Martin~~rules and ~~A. Lyons~~regulations asof ~~MCP’s~~the ~~Class~~Securities Band ~~Director~~Exchange Commission, ~~appointee~~such onexhibit and the ~~Registrant’s~~information ~~Board~~set ~~of Directors~~forth therein and ~~replace~~herein ~~him~~shall not ~~with~~be ~~Edward~~deemed A.to ~~Harjehausen,~~be ~~effective~~filed onfor ~~October~~purposes ~~11,~~of Section 18 of the Securities ~~2007. It~~Exchange isAct ~~not~~of ~~anticipated~~1934, atas ~~this~~amended ~~time that~~(the ~~Mr.~~“Exchange ~~Harjehausen~~Act”), ~~will~~and beshall ~~appointed~~not be deemed to be incorporated by reference in any ~~committees~~filing under the Securities Act of 1933, as amended, or the ~~Registrant’s~~Exchange Act, except as shall be expressly set forth by ~~Board~~specific ofreference ~~Directors~~in such a filing.

~~SIGNATURES~~Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

~~Pursuant~~Cash Incentive toAwards. On January 14, 2008, the Registrant’s Board of Directors, acting as ~~requirements~~general partner of ~~the~~LSCP, ~~Securities~~LLLP, ~~Exchange~~approved ~~Act~~and authorized a cash incentive awards for 2007 payable to all current employees of ~~1934~~LSCP, ~~the~~LLLP, ~~Registrant~~including ~~has~~Steve ~~duly~~Roe, ~~caused~~our ~~this~~President ~~report~~and Chief Executive Officer, and Gary Grotjohn, our Chief Financial Officer. Each employee will receive a cash award in an amount equal to befifteen ~~signed~~percent on(15%) ~~its~~of ~~behalf~~each byemployee’s ~~the~~gross ~~undersigned~~wages ~~hereunto~~during ~~duly~~calendar ~~authorized~~year 2007.

	LITTLE SIOUX CORN PROCESSORS, L.L.C.
Dated: October 16, 2007	By:	/s/ Stephen Roe
		Stephen Roe, President and Chief Executive Officer

Deferred Compensation Awards. On January 14, 2008, the Registrant’s Board of Directors, acting as general partner of LSCP, LLLP, approved and authorized a deferred compensation award of twenty percent (20%) of base salary for the 2007 calendar year to the following executive officers: Steve Roe, our President and Chief Executive Officer, and Gary Grotjohn, our Chief Financial Officer. This deferred compensation award was made pursuant to LSCP, LLLP’s deferred compensation plan established on May 1, 2005. The benefit will be one hundred percent (100%) vested on January 16, 2013, provided Mr. Roe and Mr. Grotjohn are employed full-time by us throughout the entire six-year period. Any vested amounts will be paid out in a lump sum on the first business day following the day in which vesting is complete.

2Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No.		Description
99.1		Press Release dated January 18, 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: January 18, 2008		By:	/s/ Gary Grotjohn
		Gary Grotjohn, Chief Financial Officer

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