Leases

12 Months Ended

Oct. 31, 2019

Leases [Abstract]

Leases

LEASES

The Company leases rail cars and equipment under operating leases. Rail car leases include additional payments for usage beyond specified levels. Total lease expense for the years ending October 31, 2019, 2018 and 2017 was $276,151, $295,920 and $295,920, respectively.

Future minimum lease payments under operating leases are as follows at October 31, 2019:

2020	168,480
2021	168,480
2022	168,480
2023	168,480
2024	112,320
Total	$	786,240