Condensed Consolidated Balance Sheets - USD ($)	Jul. 31, 2020	Oct. 31, 2019
Current Assets
Cash	$ 2,119,603	$ 4,541,295
Restricted cash	227,505	52,516
Accounts receivable	273,062	4,891,249
Inventory	3,867,419	6,276,258
Commodity derivative instruments	28,492	95,823
Prepaid expenses and other current assets	586,018	408,325
Total current assets	7,102,099	16,265,466
Property and Equipment, net	37,602,164	39,408,195
Operating lease right of use assets	9,617,229
Other assets	697,254	922,254
Total Assets	55,018,746	56,595,915
Current Liabilities
Current maturities of long-term debt	1,241,000	333,977
Checks drawn in excess of bank balances	685,724
Accounts payable	1,834,453	5,386,618
Commodity derivative instruments	31,826
Accrued expenses	1,105,612	423,266
Operating lease, current liabilities	1,328,023
Total current liabilities	6,226,638	6,143,861
Long-Term Debt, less current portion	5,092,977	300,203
Operating Lease, long-term liabilities	8,289,206
Other Long-Term Liabilities	585,443	551,000
Commitments and Contingencies
Members' Equity
Members' equity attributable to Heron Lake BioEnergy, LLC consists of 77,932,107 units issued and outstanding at July 31, 2020 and October 31, 2019	34,824,482	47,599,276
Non-controlling interest		2,001,575
Total members' equity	34,824,482	49,600,851
Total Liabilities and Members' Equity	$ 55,018,746	$ 56,595,915