Risk Management (Tables)

9 Months Ended

Jun. 30, 2013

Risk Management [Abstract]

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location

Derivatives not designated as hedging instruments are as follows:

	June 30, 2013		September 30, 2012
Derivative assets - corn contracts	$	79,750	$	134,050
Cash held by (due to) broker	187,445		(62,072		)
Total	$	267,195	$	71,978

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The effects on operating income from derivative activities is as follows:

	Three Months			Three Months			Nine Months		Nine Months
	Ended			Ended			Ended		Ended
	June 30, 2013			June 30, 2012			June 30, 2013		June 30, 2012
Increase (decrease) in revenue due to derivatives related to ethanol sales:
Realized	$	—		$	(7,308	)	$	—	$	(7,308	)
Unrealized	—			36,842			—		—
Total effect on revenue	—			29,534			—		(7,308		)
(Increase) decrease in cost of goods sold due to derivatives related to corn costs:
Realized	(858,225		)	1,710,975			132,491		1,955,188
Unrealized	502,613			(1,849,313		)	79,750		(1,782,463		)
Total effect on cost of goods sold	(355,612		)	(138,338		)	212,241		172,725
Total increase (decrease) to operating income due to derivative activities	$	(355,612	)	$	(108,804	)	$	212,241	$	165,417