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Statements of Cash Flows - USD ($)
12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Cash Flows from Operating Activities      
Net income (loss) $ 13,740,928 $ (6,366,166) $ (8,274,236)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations      
Depreciation and amortization 9,751,569 9,215,642 8,947,039
Earnings in excess of distributions (distributions in excess of earnings) from equity method investments (108,990) 74,891 272,049
Gain on debt extinguishment (712,200) 0 0
Non-cash patronage income (229,959) (435,703) (249,058)
Change in working capital components      
Accounts receivable (3,990,669) (835,928) (1,645,848)
Inventories (4,070,172) (3,310,614) 701,335
Derivative instruments (107,872) 209,343 473,146
Prepaids and other (320,938) (353,330) (74,648)
Accounts payable 8,233,490 1,662,253 2,813,174
Accrued expenses 224,677 (108,252) (5,302)
Net cash provided by (used in) operating activities 22,409,864 (247,864) 2,957,651
Cash Flows from Investing Activities      
Capital expenditures (6,827,516) (3,275,201) (1,709,039)
Net cash used in investing activities (6,827,516) (3,275,201) (1,709,039)
Cash Flows from Financing Activities      
Payments on long-term debt (45,500,000) (16,500,000) (14,001,000)
Proceeds from long-term debt 37,000,000 19,212,200 14,000,000
Payments on finance lease liability (111,907) (105,932) 0
Member unit repurchases (88,750) (55,000) (39,200)
Net cash provided by (used in) financing activities (8,700,657) 2,551,268 (40,200)
Net Increase (decrease) in Cash and Cash Equivalents 6,881,691 (971,797) 1,208,412
Cash and cash equivalents – Beginning of Period 667,317 1,639,114 430,702
Cash and cash equivalents – End of Period 7,549,008 667,317 1,639,114
Supplemental Cash Flow Information      
Cash paid for interest expense 478,473 568,205 761,920
Supplemental Disclosure of Noncash Financing and Investing Activities      
Capital expenditures included in accounts payable 0 56,370 13,214
Establishment of lease liability and right of use asset $ 0 $ 2,064,994 $ 0