2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Oct. 31, 2015

Summary Of Significant Accounting Policies Tables

Schedule of accounts receivable

	2015		2014
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

	2015			2014
Option contracts	$	(134,613	)	$	(217,624	)
Future contracts		(349,222	)		(267,300	)
Commodities due to broker	$	(438,835	)	$	(484,924	)

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

	Year Ended October 31,
	2015			2014
Gross realized gains	$	1,292,471		$	5,294,449
Gross realized (losses)		(6,778,407	)		(2,054,301	)
Unrealized gains		1,089			499,116
Total	$	(5,484,847	)	$	3,739,264