Derivative Instruments (Tables)

3 Months Ended

Jan. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following tables provide details regarding the Company's derivative instruments at January 31, 2016, none of which were designated as hedging instruments:

	Balance Sheet location	Assets		Liabilities
Corn contracts - GFE	Commodity derivative instruments	$	30,700	$	—
Corn contracts - HLBE	Commodity derivative instruments		111,363		—
Ethanol contracts - GFE	Commodity derivative instruments		14,875		—
Ethanol contracts - HLBE	Commodity derivative instruments		14,875		—
Totals		$	171,813	$	—

The following tables provide details regarding the Company's derivative instruments at October 31, 2015, none of which were designated as hedging instruments:

	Balance Sheet location	Assets		Liabilities
Corn contracts - GFE	Commodity derivative instruments	$	—	$	1,114
Corn contracts - HLBE	Commodity derivative instruments		677,149		—
Totals		$	677,149	$	1,114

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

	Statement of	Three Months Ended January 31,
	Operations Location	2016		2015
Corn contracts	Cost of Goods Sold	$	195,998	$	(608,373)
Ethanol contracts	Revenues		78,556		—
Natural gas contracts	Cost of Goods Sold		32,358		—
Total gain (loss)		$	306,912	$	(608,373)