Balance Sheets - USD ($)	Jul. 31, 2016	Oct. 31, 2015
Current Assets
Cash	$ 11,349,489	$ 12,696,536
Restricted cash	1,800,483
Accounts receivable	6,919,840	9,667,472
Inventory	10,763,010	12,212,025
Commodity derivative instruments	890,998	677,149
Prepaid expenses and other current assets	451,578	259,862
Total current assets	32,175,398	35,513,044
Property, Plant and Equipment
Property and Equipment, net	81,092,100	84,304,162
Goodwill	1,372,473	1,372,473
Other Assets	790,791	821,402
Total Assets	115,430,762	122,011,081
Current Liabilities
Checks drawn in excess of bank balance	1,489,447	1,836,682
Current maturities of long-term debt	504,125	517,957
Accounts payable	3,105,820	4,643,130
Corn payable to FCE	1,125,003	1,486,247
Commodity derivative instruments	1,753,665	1,114
Accrued expenses	645,720	654,550
Total current liabilities	8,623,780	9,139,680
Long-term Debt, less current portion	6,685,798	6,711,975
Commitments and Contingencies
Members' equity attributable to Granite Falls Energy, LLC consists of 30,606 units authorized, issued, and outstanding	79,165,586	84,602,607
Non-controlling interest	20,955,598	21,556,819
Total members' equity	100,121,184	106,159,426
Total Liabilities and Members’ Equity	$ 115,430,762	$ 122,011,081