SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Oct. 31, 2020

Accounting Policies [Abstract]

SCHEDULE OF ACCOUNTS RECEIVABLE

	2020		2019
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 COMMODITIES HELD BY BROKER

The Company has open position contracts held by the broker, which are summarized as follows:

	2020			2019
Option contracts	$	(164,475	)	$	(58,856	)
Future contracts		(287,850	)		159,887
Commodities due (to) from broker	$	(452,325	)	$	101,031

SCHEDULE OF REALIZED AND UNREALIZED GAINS AND LOSSES ON CONTRACTS

Included in cost of sales for the years ended October 31, 2020 and 2019, the Company recorded realized and unrealized gains and losses respectively, on these contracts as follows:

	Year Ended October 31,
	2020			2019
Gross realized gains	$	1,678,995		$	1,307,816
Gross realized (losses)		(1,451,761	)		(2,642,537	)
Unrealized (losses) gains		(553,356	)		123,077
Total	$	(326,122	)	$	(1,211,644	)

SCHEDULE OF PAYCHECK PROTECTION PROGRAM

The following table provided the balance and activity related to the PPP Loan:

PPP Loan	$	634,400
Qualified expenses incurred to date		634,400
Unrecognized government grant income	$	0