2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Oct. 31, 2014

Summary Of Significant Accounting Policies Tables

Schedule of accounts receivable

	2014		2013
Allowance for doubtful accounts	$	65,000	$	65,000
Reserve for other allowances		35,000		35,000
Reserve for sales discounts		44,000		44,000
Totals	$	144,000	$	144,000

Schedule of commodited held by brokers

	2014			2013
Option contracts	$	(217,624	)	$	(188,819	)
Future contracts		(267,300	)		(795,221	)
Commodities due to broker	$	(484,924	)	$	(984,040	)

Schedule of commodities with realized and unrealized gains/(losses)

	Year Ended October 31,
	2014			2013
Gross realized gains	$	5,294,449		$	1,836,103
Gross realized (losses)		(2,054,301	)		(8,044,751	)
Unrealized gains		499,116			383,349
Total	$	3,739,264		$	(5,825,299	)