Balance Sheets - USD ($)	Oct. 31, 2016	Oct. 31, 2015
Current Assets
Cash	$ 13,797,857	$ 12,696,536
Accounts receivable	6,654,994	9,667,472
Inventory	18,341,413	12,212,025
Commodity derivative instruments	1,228,926	677,149
Prepaid expenses and other current assets	325,989	259,862
Total current assets	40,349,179	35,513,044
Property, Plant and Equipment
Property and Equipment, net	78,968,016	84,304,162
Goodwill	1,372,473	1,372,473
Other Assets	781,254	821,402
Total Assets	121,470,922	122,011,081
Current Liabilities
Less: amounts due within one year	490,057	517,957
Checks drawn in excess of bank balance	1,866,683	1,836,682
Accounts payable	5,624,840	4,643,130
Corn payable to FCE	5,358,111	1,486,247
Commodity derivative instruments		1,114
Accrued expenses	997,319	654,550
Total current liabilities	14,337,010	9,139,680
Long-term Debt, less current portion	1,393,669	6,711,975
Commitments and Contingencies
Members' equity attributable to Granite Falls Energy, LLC consists of 30,606 units authorized, issued, and outstanding	83,684,529	84,602,607
Non-controlling interest	22,055,714	21,556,819
Total members' equity	105,740,243	106,159,426
Total Liabilities and Members’ Equity	$ 121,470,922	$ 122,011,081