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Fair Value (Tables)
 6 Months Ended
Apr. 30, 2016
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following table provides information on those derivative assets and liabilities measured at fair value on a recurring basis at April 30, 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurement Using

 

 

 

 

 

Quoted Prices

 

Significant Other

 

Significant

 

 

 

Carrying Amount

 

in Active Markets

 

Observable Inputs

 

Unobservable Inputs

 

Financial Asset:

 

in Balance Sheet

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

Commodity Derivative Instruments - Ethanol

 

$
126,874

 

$
126,874

 

$

—

 

$

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Commodity Derivative Instruments - Corn

 

$
159,325

 

$
159,325

 

$

—

 

$

—

 

 

The following table provides information on those derivative liabilities measured at fair value on a recurring basis at October 31, 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurement Using

 

 

 

 

 

Quoted Prices

 

Significant Other

 

Significant

 

 

 

Carrying Amount

 

in Active Markets

 

Observable Inputs

 

Unobservable Inputs

 

Financial Asset:

 

in Balance Sheet

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

Commodity Derivative Instruments - Ethanol

 

$
677,149

 

$
677,149

 

$

—

 

$

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Commodity Derivative Instruments - Corn

 

$
1,114

 

$
1,114

 

$

—

 

$

—