|
Derivative Instruments (Tables)
|
3 Months Ended |
|
Jan. 31, 2015
|
| Derivative Instruments [Abstract] |
|
| Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position |
| | | | | | | | | | Instrument | Balance Sheet location | | January 31, 2015 | October 31, 2014 | | | | | | Corn, natural gas and ethanol contracts | | |
|
|
|
| In gain position | | | $ | 438 |
| $ | — |
| In loss position | | | (400,813 | ) | (339,011 | ) | Deposits with broker | | | 605,838 |
| 596,945 |
| | Current assets | | $ | 205,463 |
| $ | 257,934 |
|
|
| Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position |
| | | | | | | | | | | | | Statement of | | Three Months Ended January 31, | | | Operations location | | 2015 | 2014 | Interest rate swap | | Other income (expense) | | $ | — |
| $ | 182,429 |
| Ethanol contracts | | Revenues | | (34,952 | ) | 39,106 |
| Corn contracts | | Cost of goods sold | | 171,302 |
| 390,483 |
| Natural gas contracts | | Cost of goods sold | | (41,783 | ) | (109,054 | ) | | | | | | |
|