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Derivative Instruments (Tables)
 3 Months Ended
Jan. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Instruments
The following tables provide details regarding the Company's derivative instruments at January 31, 2020 and October 31, 2019:
          Instrument
Balance Sheet location
 
January 31, 2020
October 31, 2019
 
 
 
 
 
Corn, natural gas and ethanol contracts
 
 




In gain position
 
 
$
78,903

$
124,069

In loss position
 
 
(883,788
)
(775,887
)
Deposits with broker
 
 
1,213,798

1,121,558

 
Current assets
 
$
408,913

$
469,740
Schedule of Gains (Losses) From Derivative Instruments
The following tables provide details regarding the gains (losses) from the Company's derivative instruments in the statements of operations, none of which are designated as hedging instruments:
 
 
Statement of
 
Three Months Ended January 31,
 
 
Operations location
 
2020
2019
Ethanol contracts
 
Revenues
 
61,271

$
(135,797
)
Corn contracts
 
Cost of goods sold
 
38,355

675,365

Natural gas contracts
 
Cost of goods sold
 
6,321

19,806