BUSINESS SEGMENTS (Tables)

9 Months Ended

Jul. 31, 2020

BUSINESS SEGMENTS

Schedule of business segments

Ethanol Production	Ethanol and co-product production and sales
Natural gas pipeline	Ownership and operations of natural gas pipeline

Reconciliation of segment revenue

	Three Months Ended				Nine Months Ended
	July 31, 2020		July 31, 2019		July 31, 2020		July 31, 2019
Revenue:	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Ethanol production	$	14,039,050	$	27,267,156	$	55,398,271	$	77,487,200
Natural gas pipeline		439,448		541,283		2,182,563		2,398,915
Eliminations		(313,457)		(440,652)		(1,130,544)		(1,326,011)
Total Revenue	$	14,165,041	$	27,367,787	$	56,450,290	$	78,560,104

Schedule of operating income (loss) and total assets

	Three Months Ended				Nine Months Ended
	July 31, 2020		July 31, 2019		July 31, 2020		July 31, 2019
Operating Income (Loss):	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Ethanol production	$	(4,033,933)	$	208,535	$	(13,414,332)	$	(3,720,809)
Natural gas pipeline		203,565		322,222		1,102,387		1,356,744
Eliminations		(89,313)		(149,064)		(376,172)		(482,978)
Operating Income (Loss)	$	(3,919,681)	$	381,693	$	(12,688,117)	$	(2,847,043)

	July 31, 2020		October 31, 2019
Assets:	(unaudited)
Ethanol production	$	42,192,322	$	44,097,379
Natural gas pipeline		12,826,424		12,498,536
Total Assets	$	55,018,746	$	56,595,915