Golden Grain Energy (GGELU) 10-K 23 Dec 13 2013 Q4 Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information Document (USD $)	12 Months Ended
	Oct. 31, 2013	Dec. 23, 2013	Apr. 30, 2013
Entity Information [Line Items]	'	'	'
Entity Registrant Name	'GOLDEN GRAIN ENERGY, LLC	'	'
Entity Central Index Key	'0001206942	'	'
Current Fiscal Year End Date	'--10-31	'	'
Entity Filer Category	'Non-accelerated Filer	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Oct-13	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'Q4	'	'
Amendment Flag	'false	'	'
Entity Common Stock, Shares Outstanding	'	19,883,000	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Public Float	'	'	$0

Balance_Sheet

Balance Sheet (USD $)	Oct. 31, 2013	Oct. 31, 2012
Current Assets	'	'
Accounts receivable	$4,297,920	$6,733,711
Other receivables	596,166	860,725
Derivative instruments	675,631	414,646
Inventory	6,974,314	9,893,958
Prepaid expenses and other	1,507,370	1,312,326
Total current assets	14,051,401	19,215,366
Property and Equipment	'	'
Land and land improvements	11,666,479	11,262,333
Building and grounds	25,761,752	25,761,752
Grain handling equipment	13,457,627	13,457,627
Office equipment	320,345	320,345
Plant and process equipment	79,854,167	75,454,525
Construction in progress	1,270,164	1,482,255
Gross property and equipment	132,330,534	127,738,837
Less accumulated depreciation	66,216,333	56,617,389
Net property and equipment	66,114,201	71,121,448
Other Assets	'	'
Investments	28,059,657	23,602,518
Grant receivable, net of current portion	1,211,224	1,457,420
Debt issuance costs, net of accumulated amortization (2013 $38,180; 2012 $26,635)	61,266	50,312
Total other assets	29,332,147	25,110,250
Total Assets	109,497,749	115,447,064
Current Liabilities	'	'
Outstanding checks in excess of bank balance	563,531	360,338
Current portion long-term debt	37,314	34,454
Accounts payable	6,138,295	6,705,426
Accrued expenses	1,140,979	951,126
Deferred revenue	443,407	415,345
Total current liabilities	8,323,526	8,466,689
Long-term Liabilities	'	'
Deferred compensation	190,762	243,122
Long-term debt, net of current maturities	1,583,889	2,742,744
Deferred revenue, net of current portion	1,510,848	1,300,513
Total long-term liabilities	3,285,499	4,286,379
Commitments and Contingencies	'	'
Members' Equity (19,883,000 and 24,460,000 units issued and outstanding, respectively)	97,888,724	102,693,996
Total Liabilities and Members’ Equity	$109,497,749	$115,447,064

Balance_Sheet_Parenthetical

Balance Sheet Parenthetical (USD $)	Oct. 31, 2013	Oct. 31, 2012
Debt issuance costs, net of accumulated amortization	$38,180	$26,635
Members' Equity, units issued and outstanding	19,883,000	24,460,000

Statement_of_Operations

Statement of Operations (USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Revenues	$350,721,175	$327,830,377	$324,927,805
Cost of Goods Sold	338,014,664	322,740,236	301,052,197
Gross Profit	12,706,511	5,090,141	23,875,608
Operating Expenses	2,550,236	2,207,634	2,524,830
Operating Income	10,156,275	2,882,507	21,350,778
Other Income (Expense)	'	'	'
Other income (expense)	-527,893	163,077	135,739
Interest expense	-500,872	-217,949	-516,649
Equity in net income of investments	5,055,518	3,761,784	5,855,128
Total Other Income (Expense)	4,026,753	3,706,912	5,474,218
Net Income	$14,183,028	$6,589,419	$26,824,996
Basic & diluted net income per unit	$0.69	$0.27	$1.10
Weighted average units outstanding for the calculation of basic & diluted net income per unit	20,645,833	24,460,000	24,460,000
Distribution Per Unit	$0.10	$0.65	$0.25

Statement_of_Cash_Flows

Statement of Cash Flows (USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Cash Flows from Operating Activities	'	'	'
Net Income	$14,183,028	$6,589,419	$26,824,996
Adjustments to reconcile net income to net cash provided by operating activities:	'	'	'
Depreciation and amortization	9,610,490	9,101,039	9,265,773
Unrealized loss (gain) on risk management activities	-260,985	-310,697	489,274
Amortization of deferred revenue	-512,930	-487,579	-502,214
Change in accretion amounts of interest on grant receivable	-5,856	-82,530	-52,924
Earnings in excess of distributions from investments	-4,457,139	-1,219,065	-4,383,990
Deferred compensation expense	15,531	64,075	314,739
Change in assets and liabilities	'	'	'
Accounts receivable	2,435,791	8,177,073	-5,401,600
Inventory	2,919,644	-4,008,220	1,181,470
Prepaid expenses and other	69,515	10,309	-462,751
Accounts payable	208,664	1,008,026	761,135
Accrued expenses	189,853	-101,199	91,088
Deferred compensation payable	-67,891	-158,743	-91,595
Net cash provided by operating activities	24,327,715	18,581,908	28,033,401
Cash Flows from Investing Activities	'	'	'
Capital expenditures	-4,867,493	-6,728,362	-1,516,814
Proceeds from sale of equipment	0	0	19,300
Purchase of investments	0	0	-65,000
Net cash (used in) investing activities	-4,867,493	-6,728,362	-1,562,514
Cash Flows from Financing Activities	'	'	'
Increase (decrease) in outstanding checks in excess of bank balance	203,193	360,338	-359,308
Proceeds from long-term debt	17,000,000	2,692,315	0
Payments for long-term debt	-18,155,995	-68,693	-20,386,200
Payments for debt issuance costs	-22,500	0	0
Redemption of membership units	-17,000,000	0	0
Distributions to members	-1,988,300	-15,899,000	-6,115,000
Payment received on deferred contract	251,328	0	0
Payments received on grant receivable	252,052	576,406	755,323
Net cash (used in) financing activities	-19,460,222	-12,338,634	-26,105,185
Net Increase (Decrease) in Cash and Equivalents	0	-485,088	365,702
Cash and Equivalents – Beginning of Period	0	485,088	119,386
Cash and Equivalents – End of Period	0	0	485,088
Supplemental Cash Flow Information	'	'	'
Interest paid net of capitalized interest (2013 $50,878; 2012 $25,800; 2011 $57,064)	556,855	203,381	362,933
Supplemental Disclosure of Noncash Operating, Investing & Financing Activities	'	'	'
Accounts Payable related to Construction in Process	0	775,796	0
Equity Adjustment in Investee	$0	$407,946	$0

Statement_of_Cash_Flows_Parent

Statement of Cash Flows Parenthetical (USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Cash paid for interest, net of capitalized interest	$50,878	$25,800	$57,064

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Members' Equity (USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Stockholders' Equity Attributable to Parent	$102,693,996	$111,595,631	$90,885,635
Distribution Made to Member or Limited Partner, Cash Distributions Paid	-1,988,300	-15,899,000	-6,115,000
Equity Adjustment in Investee	0	407,946	0
Stock Redeemed or Called During Period, Value	-17,000,000	'	'
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	14,183,028	6,589,419	26,824,996
Stockholders' Equity Attributable to Parent	$97,888,724	$102,693,996	$111,595,631

Consolidated_Statements_of_Cha1

Consolidated Statements of Changes in Members' Equity Parenthetical (USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Partners' Capital, Distribution Amount Per Share	$0.10	$0.65	$0.25
Partners' Capital Account, Units	19,883,000	24,460,000	24,460,000
Partners' Capital Account, Units, Redeemed	4,577,000	'	'

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Oct. 31, 2013
Summary of Significant Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Nature of Business
	Golden Grain Energy, LLC (Golden Grain Energy) is approximately a 110 million gallon annual production ethanol plant near Mason City, Iowa. The Company sells its production of ethanol, distiller grains with solubles and corn oil primarily in the continental United States.
	Organization
	Golden Grain Energy is organized as an Iowa limited liability company.  The members' liability is limited as specified in Golden Grain Energy's operating agreement and pursuant to the Iowa Revised Uniform Limited Liability Company Act.
	Accounting Estimates
	Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles.  Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates.
	Cash and Equivalents
	The Company's cash balances are maintained in bank depositories and periodically exceeded federally insured limits during the year. The Company has not experienced any losses in connection with these balances.
	Receivables
	Credit sales are made primarily to one customer and no collateral is required. The Company carries these accounts receivable at face amount with no allowance for doubtful accounts due to the historical collection rates on these accounts.
	Investments
	The Company has less than a 20% investment interest in four companies in related industries. These investments are being accounted for by the equity method of accounting under which the Company's share of net income is recognized as income in the Company's income statement and added to the investment account. Distributions or dividends received from the investments are treated as a reduction of the investment account. The investments are evaluated for indications of impairment on a regular basis, a loss would be recognized when the fair value is determined to be less than the carrying value.
	The fiscal years of Renewable Products Marketing Group, LLC (RPMG) and Guardian Energy Janesville, LLC end on September 30 and the fiscal years of Absolute Energy, LLC and Homeland Energy Solutions, LLC end on December 31. The Company consistently follows the practice of recognizing the net income based on the most recent reliable data. Therefore, the net income which is reported in the Company's income statement for the year ended October 31, 2013 for all companies is based on the investee's results for the twelve month period ended September 30, 2013.
	Revenue and Cost Recognition
	Revenue from the sale of the Company's products is recognized at the time title to the goods and all risks of ownership transfer to the customers.  This generally occurs upon shipment, loading of the goods or when the customer picks up the goods. Collectability of revenue is reasonably assured based on historical evidence of collectability between the Company and its customers. Interest income is recognized as earned.
	Shipping costs incurred by the Company in the sale of ethanol, distiller grains and corn oil are not specifically identifiable and as a result, revenue from the sale of ethanol, distiller grains and corn oil are recorded based on the net selling price reported to the Company from its marketer. Railcar lease costs incurred by the Company in the sale and shipment of distiller grain products are included in cost of goods sold.
	Inventory
	Inventories are generally valued at the lower of weighted average cost or market.  In the valuation of inventories and purchase commitments, market is based on current replacement values except that it does not exceed net realizable values and is not less than net realizable values reduced by allowances for approximate normal profit margin.
	Property & Equipment
	The Company incurred site selection and plan development costs on the proposed site that were capitalized. Significant additions, betterments and costs to acquire land options are capitalized, while expenditures for maintenance and repairs are charged to operations when incurred. Property and equipment are stated at costs. The Company uses the straight-line method of computing depreciation over the estimated useful lives between 5 and 40 years.
	The Company reviews its property and equipment for impairment whenever events indicate that the carrying amount of the assets may not be recoverable. If circumstances require a long-lived asset to be tested for possible impairment, the Company first compares undiscounted cash flows expected to be generated by an asset to the carrying value of the asset. If the carrying value of the long-lived asset is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying value exceeds its fair value. Fair value is determined through various valuation techniques including discounted cash flow models, quoted market values and third-party independent appraisals, as considered necessary.
	Income Taxes
	The Company was formed under sections of the federal and state income tax laws which provide that, in lieu of corporate income taxes, the members separately account for their pro rata share of the Company’s items of income, deductions, losses and credits. As a result of this election, no income taxes have been recognized in the accompanying financial statements.
	Grant receivable and deferred revenue
	Grant receivable is recorded when the payments to be received can be estimated and when payment is reasonably assured. The Company recorded a grant receivable and corresponding deferred revenue of approximately $2,683,000 associated with the original plant construction and recorded approximately $2,090,000 for an amendment to the original tax increment financing monies associated with the plant expansion that was completed in June 2007 to be received over a 10-year period for the tax increment financing monies. The amendment to the grant was approved in May 2008. These grants were recorded at their net present value using a discount rate of 6%. Related deferred revenue was recorded and is being amortized into income as a reduction of property taxes over the life of the grant. As of October 31, 2013 the present value of the grant receivable was approximately $1,698,000 and the corresponding deferred revenue was approximately $1,054,000.
	Investment in commodities contracts, derivative instruments and hedging activities
	The Company evaluates its contracts to determine whether the contracts are derivative instruments. Certain contracts that meet the definition of a derivative may be exempted from derivative accounting and treated as normal purchases or normal sales if documented as such. Normal purchases and normal sales are contracts that provide for the purchase or sale of something other than a financial instrument or derivative instrument that will be delivered in quantities expected to be used or sold over a reasonable period in the normal course of business.
	The Company enters into short-term cash, option and futures contracts as a means of securing corn and natural gas for the ethanol plant and managing exposure to changes in commodity and energy prices. The Company occasionally also enters into derivative contracts to hedge our exposure to price risk as it relates to ethanol sales. As part of its risk management process, the Company uses futures and option contracts through regulated commodity exchanges or through the over-the-counter market to manage its risk related to pricing of inventories. All of the Company's derivatives, other than those excluded under the normal purchases and sales exclusion, are designated as non-hedge derivatives, with changes in fair value recognized in net income. Although the contracts are economic hedges of specified risks, they are not designated or accounted for as hedging instruments.
	Realized and unrealized gains and losses related to derivative contracts related to corn and natural gas are included as a component of cost of goods sold and derivative contracts related to ethanol are included as a component of revenues in the accompanying financial statements. The fair values of contracts are presented on the accompanying balance sheet as derivative instruments net of cash due from/to broker.
	Net income (loss) per unit
	Basic and diluted earnings per unit are computed using the weighted-average number of Class A and B units outstanding during the period.
	Environmental liabilities
	The Company's operations are subject to environmental laws and regulations adopted by various governmental authorities in the jurisdiction in which it operates. These laws require the Company to investigate and remediate the effects of the release or disposal of materials at its locations. Accordingly, the Company has adopted policies, practices and procedures in the areas of pollution control, occupational health and the production, handling, storage and use of hazardous materials to prevent material environmental or other damage, and to limit the financial liability which could result from such events. Environmental liabilities are recorded when the Company's liability is probable and the costs can be reasonably estimated. No expense or liability has been recorded as of October 31, 2013, 2012 or 2011 for environmental liabilities.
	Deferred Compensation Plan
	The Company established a deferred compensation plan for management under a bonus and bonus phantom unit plan. Costs of the plan are amortized over the vesting period, which is the lesser of three to five years from the grant date or seven years of continuous employment. The liability under the plan will be paid out and is recorded at the higher of market price or book value of the Company’s units as of October 31, 2013 and 2012, respectively.
	Fair Value
	Financial instruments include cash and equivalents, receivables, accounts payable, accrued expenses, long-term debt and derivative instruments. The fair value of derivative financial instruments is based on quoted market prices. The fair value of the long-term debt is estimated based on level 3 inputs based on the current anticipated interest rate which management believes would currently be available to the Company for similar issues of debt, taking into account the current credit risk of the Company and the other market factors. The fair value of other current financial instruments is estimated to approximate carrying value due to the short-term nature of these instruments.
	Risks and Uncertainties
	The Company has certain risks and uncertainties that it will experience during volatile market conditions, which can have a severe impact on operations. The Company's revenues are derived from the sale and distribution of ethanol and distiller grains to customers primarily located in the United States. Corn for the production process is supplied to the plant primarily from local agricultural producers and from purchases on the open market. For the 2013 fiscal year, ethanol sales accounted for approximately 76% of total revenue, distiller grains sales accounted for approximately 21% of total revenue and corn oil sales accounted for approximately 3% of total revenue while corn costs averaged approximately 83% of cost of goods sold.
	The Company's operating and financial performance is largely driven by the prices at which ethanol is sold and the net expense of corn. The price of ethanol is influenced by factors such as supply and demand, weather, government policies and programs, and unleaded gasoline and the petroleum markets with ethanol selling, in general, for less than gasoline at the wholesale level. Excess ethanol supply in the market, in particular, puts downward pressure on the price of ethanol. The Company's largest cost of production is corn. The cost of corn is generally impacted by factors such as supply and demand, weather, government policies and programs. The Company's risk management program is used to protect against the price volatility of these commodities.

Inventory

Inventory	12 Months Ended
	Oct. 31, 2013
Inventory [Abstract]	'
Inventory	'
	INVENTORY
	Inventory consisted of the following as of October 31, 2013 and October 31, 2012:
		October 31, 2013		October 31, 2012
	Raw Materials	$	4,341,444	$	3,049,045
	Work in Process	1,550,697		2,449,296
	Finished Goods	1,082,173		4,395,617
	Totals	$	6,974,314	$	9,893,958

Bank_Financing

Bank Financing	12 Months Ended
	Oct. 31, 2013
Bank Financing [Abstract]	'
Bank Financing	'
	BANK FINANCING
	The Company has entered into a master loan agreement with Farm Credit Services of America (FLCA) which includes a revolving term loan with original maximum borrowings of $30,000,000 and $5,000,000 and maturing on February 1, 2019 and February 1, 2020, respectively. Interest on the term loan is payable monthly at 3.15% above the one-month LIBOR (3.32% as of October 31, 2013). The borrowings are secured by substantially all the assets of the Company. On December 26, 2012, the Company executed an amended credit agreement that increased the total loan availability from $22.5 million to $35 million. The revolving term loan maximum borrowings are reduced by $2,500,000 on a semi-annual basis starting in August 2013.
	In addition, the Company is subject to certain financial covenants including but not limited to minimum working capital and net worth requirements and limitations on distributions. Failure to comply with the protective loan covenants or maintain the required financial ratios may cause acceleration of the outstanding principal balances on the loans and/or imposition of fees or penalties. As of October 31, 2013, the Company had approximately $1.6 million outstanding and $30.9 million additional available to borrow under the credit agreement.
	The Company has other notes payable of approximately $50,000 and $85,000 outstanding as of October 31, 2013 and October 31, 2012, respectively.
	The estimated maturities of long-term debt for the twelve month periods ending October 31 are as follows:
	2014	$	37,000
	2015	13,000
	2016	—
	2017	—
	2018	1,571,000
	Total	$	1,621,000

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Oct. 31, 2013
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	RELATED PARTY TRANSACTIONS
	The Company purchased corn and materials from members of its Board of Directors or Risk Management Committee that own or manage elevators. Purchases during the fiscal years ended October 31, 2013, 2012 and 2011 totaled approximately $65,573,000, $109,059,000 and $97,840,000, respectively. As of October 31, 2013 and 2012 the amount we owed to related parties was approximately $778,000 and $457,000, respectively.
	The Company entered into an agreement with Homeland Energy Solutions, LLC in December 2008. Pursuant to the agreement, the companies have agreed to share the compensation costs associated with each position covered by the agreement partially in an effort to reduce the costs of administrative overhead. The Company recorded a reduction in expenses related to these shared costs during the fiscal years ended October 31, 2013, 2012 and 2011 of approximately $169,000, $166,000 and $263,000, respectively.

Employee_Benefit_Plan

Employee Benefit Plan	12 Months Ended
	Oct. 31, 2013
Employee Benefit Plans [Abstract]	'
Employee Benefit Plans	'
	EMPLOYEE BENEFIT PLANS
	The Company has a deferred phantom unit compensation plan for certain employees equal to 1% of net income. One-third of the amount is paid in cash immediately and the other two-thirds have a vesting schedule of the lesser of five years from the grant date or seven years of continuous employment. During the fiscal years ended October 31, 2013, 2012 and 2011 the Company recorded compensation expense related to this plan of approximately $16,000, $64,000 and $315,000, respectively. As of October 31, 2013 and 2012, the Company had a liability of approximately $191,000 and $243,000 outstanding as deferred compensation, respectively and has approximately $11,000 to be recognized as future compensation expense. Three of the employees covered under this plan are fully vested and another employee has approximately three years left to vest. The amount to be recognized in future years as compensation expense is estimated based on the greater of fair market value or book value of the Company's membership units as of October 31, 2013. Fair value is determined by recent trading activity of the Company's membership units. The Company had approximately 3,000 unvested equivalent phantom units outstanding under this plan as of October 31, 2013.
	The Company has adopted a Simple IRA Adoption Agreement which provides retirement savings options for all eligible employees. Employees meeting certain eligibility requirements can participate in the plan. The Company makes a matching contribution based on the participants' eligible wages. The Company made matching contributions of approximately $89,000, $91,000 and $79,000 during the years ended October 31, 2013, 2012 and 2011, respectively

Commitments_Contingencies_and_

Commitments, Contingencies and Agreements	12 Months Ended
	Oct. 31, 2013
Commitments, Contingencies and Agreements [Abstract]	'
Commitments, Contingencies and Agreements	'
	COMMITMENTS, CONTINGENCIES AND AGREEMENTS
	Ethanol, Distiller Grains and Corn Oil marketing agreements and major customers
	The Company has entered into marketing agreements with a marketing company, in which the Company has an investment, for the exclusive rights to market, sell and distribute the entire ethanol, distiller grains and corn oil inventory produced by the Company. The marketing fees are presented net in revenues.
	Approximate sales and marketing fees related to the agreements in place are as follows:
		2013		2012		2011
	Sales ethanol, distiller grains & corn oil	$	353,289,000	$	326,671,000	$	338,495,000
	Marketing fees	584,000		618,000		790,000
	As of	October 31, 2013		October 31, 2012
	Amount due from marketer of ethanol, distiller grains & corn oil	$	4,276,000	$	6,216,000

Risk_Management

Risk Management	12 Months Ended
	Oct. 31, 2013
Risk Management [Abstract]	'
Risk Management	'
	RISK MANAGEMENT
	The Company's activities expose it to a variety of market risks, including the effects of changes in commodity prices. These financial exposures are monitored and managed by the Company as an integral part of its overall risk-management program. The Company's risk management program focuses on the unpredictability of financial and commodities markets and seeks to reduce the potentially adverse effects that the volatility of these markets may have on its operating results.
	To reduce price risk caused by market fluctuations, the Company generally follows a policy of using exchange traded futures contracts to reduce its net position of merchandisable agricultural commodity inventories and forward cash purchase and sales contracts and uses exchange traded futures contracts to reduce price risk. Exchange-traded futures contracts are valued at market price. Changes in market price of contracts related to corn and natural gas are recorded in cost of goods sold and changes in market prices of contracts related to sale of ethanol are recorded in revenues.
	Unrealized gains and losses on forward contracts are deemed "normal purchases" under derivative accounting guidelines and, therefore, are not marked to market in the Company's financial statements. The following table represents the approximate amount of realized and unrealized gains (losses) and changes in fair value recognized in earnings on commodity contracts for periods ended October 31, 2013, 2012 and 2011 and the fair value of derivatives as of October 31, 2013 and 2012:
		Income Statement Classification	Realized Gain (Loss)			Change in Unrealized Gain (Loss)			Total Gain (Loss)
	Derivatives not designated as hedging instruments:
	Commodity Contracts for the	Revenue	$	(3,388,000	)	$	1,405,000		$	(1,983,000	)
	fiscal year 2013	Cost of Goods Sold	1,222,000			(1,270,000		)	(48,000		)
		Total	$	(2,166,000	)	$	135,000		$	(2,031,000	)
	Commodity Contracts for the	Revenue	$	693,000		$	1,084,000		$	1,777,000
	fiscal year 2012	Cost of Goods Sold	(3,540,000		)	(1,287,000		)	(4,827,000		)
		Total	$	(2,847,000	)	$	(203,000	)	$	(3,050,000	)
	Commodity Contracts for the	Revenue	$	(11,509,000	)	$	(1,083,000	)	$	(12,592,000	)
	fiscal year 2011	Cost of Goods Sold	11,340,000			795,000			12,135,000
		Total	$	(169,000	)	$	(288,000	)	$	(457,000	)
		Balance Sheet Classification	October 31, 2013			October 31, 2012
	Futures and option contracts through March 2014
	In gain position		$	3,775,000		$	486,000
	In loss position		(4,131,000		)	(977,000		)
	Cash held by broker		1,032,000			906,000
		Current Asset	$	676,000		$	415,000
	As of October 31, 2013, the Company had the following approximate outstanding purchase commitments, of which approximately $3,450,000 were with related parties.
		Commitments Through	Amount
	Corn - fixed price	Mar-14	$	3,122,000
	Corn - basis contract	Nov-13	5,738,000
	As of October 31, 2013, the Company has fixed price futures and forward contracts in place for approximately 17% of our anticipated corn needs, 2% of our natural gas needs and 8% of our ethanol sales for the next 12 months.

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Oct. 31, 2013
Fair Value Measurements [Abstract]	'
Fair Value Measurements	'
	FAIR VALUE MEASUREMENTS
	Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories:
	Level 1: Valuations for assets and liabilities traded in active markets from readily available pricing sources for market transactions involving identical assets or liabilities.
	Level 2: Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third-party pricing services for identical or similar assets or liabilities.
	Level 3: Valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities.
	A description of the valuation methodologies used for instruments measured at fair value, including the general classification of such instruments pursuant to the valuation hierarchy, is set forth below.
	Derivative financial instruments: Commodity futures and exchange-traded commodity options contracts are reported at fair value utilizing Level 1 inputs. For these contracts, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes and live trading levels from markets such as the CME and NYMEX.  Crush swaps are bundled contracts or combined contracts that include a portion of corn, ethanol and natural gas rolled into a single trading instrument. These contracts are reported at fair value utilizing Level 2 inputs and are based on the various trading activity of the components of each segment of the bundled contract.
	The following table summarizes financial assets and financial liabilities measured at the approximate fair value on a recurring basis, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:
		Total			Level 1			Level 2			Level 3
	Derivative financial instruments
	31-Oct-13
	Assets	$	3,775,000		$	2,414,000		$	1,361,000		$	—
	Liabilities	(4,131,000		)	(1,861,000		)	(2,270,000		)	—
	31-Oct-12
	Assets	$	486,000		$	—		$	486,000		$	—
	Liabilities	(977,000		)	—			(977,000		)	—

Investments

Investments	12 Months Ended
	Oct. 31, 2013
Investments [Abstract]	'
Investments	'
	INVESTMENTS
	Condensed, combined unaudited financial information of the Company’s investment in Absolute Energy, Homeland Energy Solutions, Guardian Energy and RPMG is as follows (in 000’s)
	Balance Sheet	9/30/13		9/30/12		9/30/11
	Current Assets	$	241,993	$	224,095	$	268,721
	Other Assets	288,159		313,018		346,004
	Current Liabilities	164,813		163,804		184,981
	Long-term Debt	32,597		40,396		101,294
	Members’ Equity	332,744		332,913		328,450
	Revenue	1,140,309		1,056,422		1,073,305
	Gross Profit	68,152		58,844		99,271
	Net Income	59,556		49,535		82,346
	The following table shows the condensed financial information of Guardian Energy, which represents greater than 10% of the net income for the year ended October 31, 2013.
	Guardian Energy Condensed Financial Information
	Balance Sheet	9/30/13		9/30/12		9/30/11
	Current Assets	$	42,981	$	32,506	$	46,945
	Other Assets	65,556		73,277		82,446
	Current Liabilities	18,958		20,687		25,339
	Long-term Debt	24,080		31,158		56,059
	Members’ Equity	65,499		53,938		47,993
	The Company recorded equity in net income of approximately $1,083,000 from Absolute Energy, $2,426,000 from Guardian Energy, $963,000 from Homeland Energy Solutions and $584,000 from our other investments for a total of approximately $5,056,000 for the fiscal year ended October 31, 2013. Income for the fiscal years ended October 31, 2012 and 2011 totaled approximately $3,762,000 and $5,855,000, respectively.

Members_Equity

Members' Equity	12 Months Ended
	Oct. 31, 2013
Members' Equity [Abstract]	'
Members' Equity	'
	MEMBERS’ EQUITY
	The Company repurchased 4,577,000 of Class A units during 2013 for a purchase price of $17.0 million. The total number of Class A and B units outstanding as of October 31, 2013 and 2012 was 19,883,000 and 24,460,000, respectively. Allocations of profits, losses and distributions as well as voting rights are identical for both Class A and B units except for in the case of disposition of properties in dissolution. In such case, Class B units have preferential treatment in the allocation of any remaining gain.

Lease_Obligations

Lease Obligations	12 Months Ended
	Oct. 31, 2013
Lease Obligations [Abstract]	'
Lease Obligations	'
	LEASE OBLIGATIONS
	The Company has three leases for equipment with original terms of 5 to 10 years which extend through February 2018. The Company is obligated to pay costs of insurance, taxes, repairs and maintenance pursuant to the terms of the lease. Rent expense for operating leases for the year ending October 31, 2013, 2012 and 2011 was approximately $1,732,000, $2,198,000 and $1,793,000, respectively.
	At October 31, 2013, the Company had the following approximate minimum rental commitments under non-cancelable operating leases.
	2014	$	1,514,000
	2015	1,514,000
	2016	1,514,000
	2017	886,000
	2018	139,000
	Total	$	5,567,000

Self_Insurance

Self Insurance	12 Months Ended
	Oct. 31, 2013
Self Insurance [Abstract]	'
Self Insurance	'
	SELF INSURANCE
	The Company participates, along with other plants in the industry, in a group captive insurance company (Captive). The Captive insures losses related to workman's compensation, commercial property and general liability. The Captive reinsures catastrophic losses for all participants, including the Company, in excess of predetermined amounts. The Company's premiums are accrued by a charge to income for the period to which the premium relates and is remitted by the Company's insurer to the captive reinsurer. These premiums are structures such that the Company has made a prepaid collateral deposit estimated for losses related to the above coverage. The Captive insurer has estimated and collected an amount in excess of the estimated losses but less than the catastrophic loss limit insured by the Captive. The Company cannot be assessed over the amount in the collateral fund.

Quarterly_Financial_Reporting_

Quarterly Financial Reporting (Unaudited)	12 Months Ended
	Oct. 31, 2013
Quarterly Financial Reported (Unaudited) [Abstract]	'
Quarterly Financial Reporting (Unaudited)	'
	QUARTERLY FINANCIAL REPORTING (UNAUDITED)
	Summary quarterly results are as follows:
		First Quarter			Second Quarter		Third Quarter			Fourth Quarter
	Year ended October 31, 2013
	Total revenues	$	85,408,162		$	93,880,209	$	84,597,520		$	86,835,284
	Gross profit (loss)	(965,555		)	2,134,266		5,527,465			6,010,335
	Operating income (loss)	(1,736,938		)	1,585,609		4,958,513			5,349,091
	Net income (loss)	(1,763,757		)	2,558,407		6,982,173			7,306,205
	Basic & diluted earnings (loss) per unit	$	(0.08	)	$	0.13	$	0.35		$	0.37
	Year ended October 31, 2012
	Total revenues	$	84,368,277		$	79,018,996	$	85,411,913		$	79,031,191
	Gross profit (loss)	6,946,933			850,638		(1,909,128		)	(798,302		)
	Operating income (loss)	6,279,954			301,416		(2,344,795		)	(1,354,068		)
	Net income (loss)	9,479,539			813,532		(2,387,429		)	(1,316,223		)
	Basic & diluted earnings (loss) per unit	$	0.39		$	0.03	$	(0.10	)	$	(0.05	)
	Year ended October 31, 2011
	Total revenues	$	72,668,264		$	67,503,827	$	89,806,943		$	94,948,771
	Gross profit	5,900,436			896,161		6,152,169			10,926,842
	Operating income	5,252,936			250,949		5,559,691			10,287,202
	Net income	6,462,553			1,471,308		6,652,296			12,238,839
	Basic & diluted earnings per unit	$	0.26		$	0.06	$	0.27		$	0.5

Subsequent_Events

Subsequent Events	12 Months Ended
	Oct. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	SUBSEQUENT EVENTS
	On December 3, 2013 the board of directors declared a cash distribution of $0.50 per membership unit to the holders of Class A and Class B units of record at the close of business on December 3, 2013 for a total distribution of $9,941,500. The distribution will be recorded in the Company's first quarter financial statements for the 2014 fiscal year and is expected to be paid by February 2014. The Company is in the process of receiving a waiver from the lender to pay this distribution since it is over the limit outlined in the master credit agreement.

Accounting_Policies

Accounting Policies	12 Months Ended
	Oct. 31, 2013
Summary of Significant Accounting Policies [Abstract]	'
Accounting Estimates	'
	Accounting Estimates
	Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles.  Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates.
Cash and Equivalents	'
	Cash and Equivalents
	The Company's cash balances are maintained in bank depositories and periodically exceeded federally insured limits during the year. The Company has not experienced any losses in connection with these balances.
Receivables	'
	Receivables
	Credit sales are made primarily to one customer and no collateral is required. The Company carries these accounts receivable at face amount with no allowance for doubtful accounts due to the historical collection rates on these accounts.
Investments	'
	Investments
	The Company has less than a 20% investment interest in four companies in related industries. These investments are being accounted for by the equity method of accounting under which the Company's share of net income is recognized as income in the Company's income statement and added to the investment account. Distributions or dividends received from the investments are treated as a reduction of the investment account. The investments are evaluated for indications of impairment on a regular basis, a loss would be recognized when the fair value is determined to be less than the carrying value.
	The fiscal years of Renewable Products Marketing Group, LLC (RPMG) and Guardian Energy Janesville, LLC end on September 30 and the fiscal years of Absolute Energy, LLC and Homeland Energy Solutions, LLC end on December 31. The Company consistently follows the practice of recognizing the net income based on the most recent reliable data. Therefore, the net income which is reported in the Company's income statement for the year ended October 31, 2013 for all companies is based on the investee's results for the twelve month period ended September 30, 2013.
Revenue and Cost Recognition	'
	Revenue and Cost Recognition
	Revenue from the sale of the Company's products is recognized at the time title to the goods and all risks of ownership transfer to the customers.  This generally occurs upon shipment, loading of the goods or when the customer picks up the goods. Collectability of revenue is reasonably assured based on historical evidence of collectability between the Company and its customers. Interest income is recognized as earned.
	Shipping costs incurred by the Company in the sale of ethanol, distiller grains and corn oil are not specifically identifiable and as a result, revenue from the sale of ethanol, distiller grains and corn oil are recorded based on the net selling price reported to the Company from its marketer. Railcar lease costs incurred by the Company in the sale and shipment of distiller grain products are included in cost of goods sold.
Inventory	'
	Inventory
	Inventories are generally valued at the lower of weighted average cost or market.  In the valuation of inventories and purchase commitments, market is based on current replacement values except that it does not exceed net realizable values and is not less than net realizable values reduced by allowances for approximate normal profit margin.
Property and Equipment	'
	Property & Equipment
	The Company incurred site selection and plan development costs on the proposed site that were capitalized. Significant additions, betterments and costs to acquire land options are capitalized, while expenditures for maintenance and repairs are charged to operations when incurred. Property and equipment are stated at costs. The Company uses the straight-line method of computing depreciation over the estimated useful lives between 5 and 40 years.
	The Company reviews its property and equipment for impairment whenever events indicate that the carrying amount of the assets may not be recoverable. If circumstances require a long-lived asset to be tested for possible impairment, the Company first compares undiscounted cash flows expected to be generated by an asset to the carrying value of the asset. If the carrying value of the long-lived asset is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying value exceeds its fair value. Fair value is determined through various valuation techniques including discounted cash flow models, quoted market values and third-party independent appraisals, as considered necessary.
Income Taxes	'
	Income Taxes
	The Company was formed under sections of the federal and state income tax laws which provide that, in lieu of corporate income taxes, the members separately account for their pro rata share of the Company’s items of income, deductions, losses and credits. As a result of this election, no income taxes have been recognized in the accompanying financial statements.
Grant Receivable and Deferred Revenue	'
	Grant receivable and deferred revenue
	Grant receivable is recorded when the payments to be received can be estimated and when payment is reasonably assured. The Company recorded a grant receivable and corresponding deferred revenue of approximately $2,683,000 associated with the original plant construction and recorded approximately $2,090,000 for an amendment to the original tax increment financing monies associated with the plant expansion that was completed in June 2007 to be received over a 10-year period for the tax increment financing monies. The amendment to the grant was approved in May 2008. These grants were recorded at their net present value using a discount rate of 6%. Related deferred revenue was recorded and is being amortized into income as a reduction of property taxes over the life of the grant. As of October 31, 2013 the present value of the grant receivable was approximately $1,698,000 and the corresponding deferred revenue was approximately $1,054,000.
Investment in commodities contracts, derivative instruments and hedging activities	'
	Investment in commodities contracts, derivative instruments and hedging activities
	The Company evaluates its contracts to determine whether the contracts are derivative instruments. Certain contracts that meet the definition of a derivative may be exempted from derivative accounting and treated as normal purchases or normal sales if documented as such. Normal purchases and normal sales are contracts that provide for the purchase or sale of something other than a financial instrument or derivative instrument that will be delivered in quantities expected to be used or sold over a reasonable period in the normal course of business.
	The Company enters into short-term cash, option and futures contracts as a means of securing corn and natural gas for the ethanol plant and managing exposure to changes in commodity and energy prices. The Company occasionally also enters into derivative contracts to hedge our exposure to price risk as it relates to ethanol sales. As part of its risk management process, the Company uses futures and option contracts through regulated commodity exchanges or through the over-the-counter market to manage its risk related to pricing of inventories. All of the Company's derivatives, other than those excluded under the normal purchases and sales exclusion, are designated as non-hedge derivatives, with changes in fair value recognized in net income. Although the contracts are economic hedges of specified risks, they are not designated or accounted for as hedging instruments.
	Realized and unrealized gains and losses related to derivative contracts related to corn and natural gas are included as a component of cost of goods sold and derivative contracts related to ethanol are included as a component of revenues in the accompanying financial statements. The fair values of contracts are presented on the accompanying balance sheet as derivative instruments net of cash due from/to broker.
Net income (loss) per unit	'
	Net income (loss) per unit
	Basic and diluted earnings per unit are computed using the weighted-average number of Class A and B units outstanding during the period.
Environmental liabilities	'
	Environmental liabilities
	The Company's operations are subject to environmental laws and regulations adopted by various governmental authorities in the jurisdiction in which it operates. These laws require the Company to investigate and remediate the effects of the release or disposal of materials at its locations. Accordingly, the Company has adopted policies, practices and procedures in the areas of pollution control, occupational health and the production, handling, storage and use of hazardous materials to prevent material environmental or other damage, and to limit the financial liability which could result from such events. Environmental liabilities are recorded when the Company's liability is probable and the costs can be reasonably estimated. No expense or liability has been recorded as of October 31, 2013, 2012 or 2011 for environmental liabilities.
Deferred Compensation Plan	'
	Deferred Compensation Plan
	The Company established a deferred compensation plan for management under a bonus and bonus phantom unit plan. Costs of the plan are amortized over the vesting period, which is the lesser of three to five years from the grant date or seven years of continuous employment. The liability under the plan will be paid out and is recorded at the higher of market price or book value of the Company’s units as of October 31, 2013 and 2012, respectively.
Fair Value	'
	Fair Value
	Financial instruments include cash and equivalents, receivables, accounts payable, accrued expenses, long-term debt and derivative instruments. The fair value of derivative financial instruments is based on quoted market prices. The fair value of the long-term debt is estimated based on level 3 inputs based on the current anticipated interest rate which management believes would currently be available to the Company for similar issues of debt, taking into account the current credit risk of the Company and the other market factors. The fair value of other current financial instruments is estimated to approximate carrying value due to the short-term nature of these instruments.
Risks and Uncertainties	'
	Risks and Uncertainties
	The Company has certain risks and uncertainties that it will experience during volatile market conditions, which can have a severe impact on operations. The Company's revenues are derived from the sale and distribution of ethanol and distiller grains to customers primarily located in the United States. Corn for the production process is supplied to the plant primarily from local agricultural producers and from purchases on the open market. For the 2013 fiscal year, ethanol sales accounted for approximately 76% of total revenue, distiller grains sales accounted for approximately 21% of total revenue and corn oil sales accounted for approximately 3% of total revenue while corn costs averaged approximately 83% of cost of goods sold.
	The Company's operating and financial performance is largely driven by the prices at which ethanol is sold and the net expense of corn. The price of ethanol is influenced by factors such as supply and demand, weather, government policies and programs, and unleaded gasoline and the petroleum markets with ethanol selling, in general, for less than gasoline at the wholesale level. Excess ethanol supply in the market, in particular, puts downward pressure on the price of ethanol. The Company's largest cost of production is corn. The cost of corn is generally impacted by factors such as supply and demand, weather, government policies and programs. The Company's risk management program is used to protect against the price volatility of these commodities.
Reclassification	'
	he Company's operating and financial performance is largely driven by the prices at which ethanol is sold and the net expense of corn. The price of ethanol is influenced by factors such as supply and demand, weather, government policies and programs, and unleaded gasoline and the petroleum markets with ethanol selling, in general, for less than gasoline at the wholesale level. Excess ethanol supply in the market, in particular, puts downward pressure on the price of ethanol. The Company's largest cost of production is corn. The cost of corn is generally impacted by factors such as supply and demand, weather, government policies and programs. The Company's risk management program is used to protect against the price volatility of these commodities.

Inventory_Tables

Inventory (Tables)	12 Months Ended
	Oct. 31, 2013
Inventory [Abstract]	'
Schedule of Inventory	'
		October 31, 2013		October 31, 2012
	Raw Materials	$	4,341,444	$	3,049,045
	Work in Process	1,550,697		2,449,296
	Finished Goods	1,082,173		4,395,617
	Totals	$	6,974,314	$	9,893,958

Bank_Financing_Maturities_of_L

Bank Financing Maturities of Long-Term Debt (Tables)	12 Months Ended
	Oct. 31, 2013
Bank Financing [Abstract]	'
Schedule of Maturities of Long-term Debt	'
	2014	$	37,000
	2015	13,000
	2016	—
	2017	—
	2018	1,571,000
	Total	$	1,621,000

Commitments_Contingencies_and_1

Commitments, Contingencies and Agreements (Tables)	12 Months Ended
	Oct. 31, 2013
Commitments, Contingencies and Agreements [Abstract]	'
Schedule of Related Party Transactions	'
		2013		2012		2011
	Sales ethanol, distiller grains & corn oil	$	353,289,000	$	326,671,000	$	338,495,000
	Marketing fees	584,000		618,000		790,000
	As of	October 31, 2013		October 31, 2012
	Amount due from marketer of ethanol, distiller grains & corn oil	$	4,276,000	$	6,216,000

Risk_Management_Tables

Risk Management (Tables)	12 Months Ended
	Oct. 31, 2013
Risk Management [Abstract]	'
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	'
		Income Statement Classification	Realized Gain (Loss)			Change in Unrealized Gain (Loss)			Total Gain (Loss)
	Derivatives not designated as hedging instruments:
	Commodity Contracts for the	Revenue	$	(3,388,000	)	$	1,405,000		$	(1,983,000	)
	fiscal year 2013	Cost of Goods Sold	1,222,000			(1,270,000		)	(48,000		)
		Total	$	(2,166,000	)	$	135,000		$	(2,031,000	)
	Commodity Contracts for the	Revenue	$	693,000		$	1,084,000		$	1,777,000
	fiscal year 2012	Cost of Goods Sold	(3,540,000		)	(1,287,000		)	(4,827,000		)
		Total	$	(2,847,000	)	$	(203,000	)	$	(3,050,000	)
	Commodity Contracts for the	Revenue	$	(11,509,000	)	$	(1,083,000	)	$	(12,592,000	)
	fiscal year 2011	Cost of Goods Sold	11,340,000			795,000			12,135,000
		Total	$	(169,000	)	$	(288,000	)	$	(457,000	)
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	'
		Balance Sheet Classification	October 31, 2013			October 31, 2012
	Futures and option contracts through March 2014
	In gain position		$	3,775,000		$	486,000
	In loss position		(4,131,000		)	(977,000		)
	Cash held by broker		1,032,000			906,000
		Current Asset	$	676,000		$	415,000
Long-term Purchase Commitment	'
		Commitments Through	Amount
	Corn - fixed price	Mar-14	$	3,122,000
	Corn - basis contract	Nov-13	5,738,000

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
	Oct. 31, 2013
Fair Value Measurements [Abstract]	'
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	'
		Total			Level 1			Level 2			Level 3
	Derivative financial instruments
	31-Oct-13
	Assets	$	3,775,000		$	2,414,000		$	1,361,000		$	—
	Liabilities	(4,131,000		)	(1,861,000		)	(2,270,000		)	—
	31-Oct-12
	Assets	$	486,000		$	—		$	486,000		$	—
	Liabilities	(977,000		)	—			(977,000		)	—

Investments_Tables

Investments (Tables)	12 Months Ended
	Oct. 31, 2013
Investments [Abstract]	'
Schedule of Equity Method Investments	'
	Balance Sheet	9/30/13		9/30/12		9/30/11
	Current Assets	$	241,993	$	224,095	$	268,721
	Other Assets	288,159		313,018		346,004
	Current Liabilities	164,813		163,804		184,981
	Long-term Debt	32,597		40,396		101,294
	Members’ Equity	332,744		332,913		328,450
	Revenue	1,140,309		1,056,422		1,073,305
	Gross Profit	68,152		58,844		99,271
	Net Income	59,556		49,535		82,346
	The following table shows the condensed financial information of Guardian Energy, which represents greater than 10% of the net income for the year ended October 31, 2013.
	Guardian Energy Condensed Financial Information
	Balance Sheet	9/30/13		9/30/12		9/30/11
	Current Assets	$	42,981	$	32,506	$	46,945
	Other Assets	65,556		73,277		82,446
	Current Liabilities	18,958		20,687		25,339
	Long-term Debt	24,080		31,158		56,059
	Members’ Equity	65,499		53,938		47,993

Lease_Obligations_Tables

Lease Obligations (Tables)	12 Months Ended
	Oct. 31, 2013
Lease Obligations [Abstract]	'
Operating Leases of Lessee Disclosure	'
	2014	$	1,514,000
	2015	1,514,000
	2016	1,514,000
	2017	886,000
	2018	139,000
	Total	$	5,567,000

Quarterly_Financial_Reporting_1

Quarterly Financial Reporting (Unaudited) (Tables)	12 Months Ended
	Oct. 31, 2013
Quarterly Financial Reported (Unaudited) [Abstract]	'
Schedule of Quarterly Financial Information	'
		First Quarter			Second Quarter		Third Quarter			Fourth Quarter
	Year ended October 31, 2013
	Total revenues	$	85,408,162		$	93,880,209	$	84,597,520		$	86,835,284
	Gross profit (loss)	(965,555		)	2,134,266		5,527,465			6,010,335
	Operating income (loss)	(1,736,938		)	1,585,609		4,958,513			5,349,091
	Net income (loss)	(1,763,757		)	2,558,407		6,982,173			7,306,205
	Basic & diluted earnings (loss) per unit	$	(0.08	)	$	0.13	$	0.35		$	0.37
	Year ended October 31, 2012
	Total revenues	$	84,368,277		$	79,018,996	$	85,411,913		$	79,031,191
	Gross profit (loss)	6,946,933			850,638		(1,909,128		)	(798,302		)
	Operating income (loss)	6,279,954			301,416		(2,344,795		)	(1,354,068		)
	Net income (loss)	9,479,539			813,532		(2,387,429		)	(1,316,223		)
	Basic & diluted earnings (loss) per unit	$	0.39		$	0.03	$	(0.10	)	$	(0.05	)
	Year ended October 31, 2011
	Total revenues	$	72,668,264		$	67,503,827	$	89,806,943		$	94,948,771
	Gross profit	5,900,436			896,161		6,152,169			10,926,842
	Operating income	5,252,936			250,949		5,559,691			10,287,202
	Net income	6,462,553			1,471,308		6,652,296			12,238,839
	Basic & diluted earnings per unit	$	0.26		$	0.06	$	0.27		$	0.5

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Oct. 31, 2013
	gal
Product Information [Line Items]	'
Equity Method Investments, Number of Entities	4
Ethanol [Member]	'
Product Information [Line Items]	'
Annual Production Capacity	110,000,000

Property_and_Equipment_Details

Property and Equipment (Details) (Property, Plant and Equipment [Member])	12 Months Ended
	Oct. 31, 2013
Minimum [Member]	'
Property, Plant and Equipment [Line Items]	'
Property, Plant and Equipment, Estimated Useful Lives	'5
Maximum [Member]	'
Property, Plant and Equipment [Line Items]	'
Property, Plant and Equipment, Estimated Useful Lives	'40

Summary_of_Significant_Account2

Summary of Significant Accounting Policies Grant receivable and derferred revenue (Details) (USD $)	12 Months Ended
	Oct. 31, 2013	Jun. 01, 2007	Oct. 31, 2005
Summary of Significant Account Policies [Abstract]	'	'	'
Tax Increment Financing Monies	'	$2,090,000	$2,683,000
Net Present Value Discount Rate, Percentage	6.00%	'	'
Grants Receivable, Current	1,698,000	'	'
Deferred Revenue	($1,054,000)	'	'

Summary_of_Significant_Account3

Summary of Significant Accounting Policies Concentration Risk (Details)	12 Months Ended
	Oct. 31, 2013
Sales Revenue, Product Line [Member] | Ethanol [Member]	'
Concentration Risk [Line Items]	'
Concentration Risk, Percentage	76.00%
Sales Revenue, Product Line [Member] | Distillers Grains [Member]	'
Concentration Risk [Line Items]	'
Concentration Risk, Percentage	21.00%
Sales Revenue, Product Line [Member] | Corn Oil [Member]	'
Concentration Risk [Line Items]	'
Concentration Risk, Percentage	3.00%
Cost of Goods, Total [Member] | Corn [Member]	'
Concentration Risk [Line Items]	'
Concentration Risk, Percentage	83.00%

Inventory_Details

Inventory (Details) (USD $)	Oct. 31, 2013	Oct. 31, 2012
Inventory [Abstract]	'	'
Raw Materials	$4,341,444	$3,049,045
Work in Process	1,550,697	2,449,296
Finished Goods	1,082,173	4,395,617
Inventory	$6,974,314	$9,893,958

Bank_Financing_Long_Term_Debt_

Bank Financing Long Term Debt (Details) (Farm Credit Services of America [Member], USD $)	Oct. 31, 2013	Oct. 31, 2012
Debt Instrument [Line Items]	'	'
Debt Instrument, Face Amount	$35,000,000	$22,500,000
Revolving Credit Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument, Face Amount	30,000,000	'
Debt Instrument, Interest Rate, Stated Percentage	3.15%	'
Debt Instrument, Interest Rate at Period End	3.32%	'
Debt Instrument, Periodic Reduction	2,500,000	'
Debt Instrument, Unused Borrowing Capacity, Amount	30,900,000	'
Seasonal Revolving Credit Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument, Face Amount	5,000,000	'
Debt Instrument, Unused Borrowing Capacity, Amount	$1,600,000	'

Bank_Financing_Short_Term_Debt

Bank Financing Short Term Debt (Details) (Notes Payable, Other Payables [Member], USD $)	Oct. 31, 2013	Oct. 31, 2012
Notes Payable, Other Payables [Member]	'	'
Short-term Debt [Line Items]	'	'
Notes Payable, Current	$50,000	$85,000

Bank_Financing_Maturities_of_L1

Bank Financing Maturities of Long Term Debt (Details) (USD $)	Oct. 31, 2013
In Thousands, unless otherwise specified
Bank Financing [Abstract]	'
Long-term Debt, Maturities, Repayments of Principal in 2014	$37
Long-term Debt, Maturities, Repayments of Principal in 2015	13
Long-term Debt, Maturities, Repayments of Principal in 2016	0
Long-term Debt, Maturities, Repayments of Principal in 2017	0
Long-term Debt, Maturities, Repayments of Principal in 2018	1,571
Long-term Debt	$1,621

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Related Party Transaction [Line Items]	'	'	'
Accounts Payable, Related Parties	$778	$457	'
Director [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Related Party Transaction, Purchases from Related Party	65,573	109,059	97,840
Limited Liability Company [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party	$169	$166	$263

Employee_Benefit_Plan_Details

Employee Benefit Plan (Details) (USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Deferred compensation	$190,762	$243,122	'
Defined Contribution Plan, Employer Discretionary Contribution Amount	89,314	91,000	79,000
Phantom Share Units (PSUs) [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Share-Based Compensation, Percentage of Net Income	1.00%	'	'
Allocated Share-based Compensation Expense	16,000	64,000	315,000
Deferred compensation	190,762	243,000	'
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized	$10,715	'	'
Deferred Phantom Unit Compensation Plan [Member] | Phantom Share Units (PSUs) [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	2,720	'	'

Commitments_Contingencies_and_2

Commitments, Contingencies and Agreements (Details) (Investee [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Investee [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Revenue from Related Parties	$353,289	$326,671	$338,495
Related Party Transaction, Expenses from Transactions with Related Party	584	618	790
Related Party Transaction, Due from (to) Related Party	$4,276	$6,216	'

Risk_Management_Derivative_Ins

Risk Management Derivative Instruments - Income Statement (Details) (Not Designated as Hedging Instrument [Member], Commodity Contract [Member], USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'
Derivative Instruments, Realized Gain (Loss) Recognized in Income, Net	($2,166,000)	($2,847,000)	($169,000)
Derivative Instruments, Unrealized Gain (Loss) Recognized in Income, Net	135,000	-203,000	-288,000
Derivative Instruments, Gain (Loss) Recognized in Income, Net	-2,031,000	-3,050,000	-457,000
Sales [Member]	'	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'
Derivative Instruments, Realized Gain (Loss) Recognized in Income, Net	-3,388,000	693,000	-11,509,000
Derivative Instruments, Unrealized Gain (Loss) Recognized in Income, Net	1,405,000	1,084,000	-1,083,000
Derivative Instruments, Gain (Loss) Recognized in Income, Net	-1,983,000	1,777,000	-12,592,000
Cost of Sales [Member]	'	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'
Derivative Instruments, Realized Gain (Loss) Recognized in Income, Net	1,222,000	-3,540,000	11,340,000
Derivative Instruments, Unrealized Gain (Loss) Recognized in Income, Net	-1,270,000	-1,287,000	795,000
Derivative Instruments, Gain (Loss) Recognized in Income, Net	($48,000)	($4,827,000)	$12,135,000

Risk_Management_Derivative_Ins1

Risk Management Derivative Instruments - Balance Sheet Location (Details) (USD $)	Oct. 31, 2013	Oct. 31, 2012
Derivatives, Fair Value [Line Items]	'	'
Derivative Instruments and Hedges, Assets	$675,631	$414,646
Fair Value, Measurements, Recurring [Member] | Commodity Contract [Member] | Liability [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Derivative Liabilities, Current	-4,131,000	-977,000
Fair Value, Measurements, Recurring [Member] | Commodity Contract [Member] | Other Current Assets [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Derivative Assets, Current	3,775,000	486,000
Restricted Cash and Cash Equivalents	1,032,000	906,000
Derivative Instruments and Hedges, Assets	$676,000	$415,000

Risk_Management_Long_Term_Purc

Risk Management Long Term Purchase Commitments (Details) (USD $)	12 Months Ended
	Oct. 31, 2013
Fixed Price [Member] | Corn [Member]	'
Long-term Purchase Commitment [Line Items]	'
Purchase Commitment, Remaining Minimum Amount Committed	3,122,000
Basis Contract [Member] | Corn [Member]	'
Long-term Purchase Commitment [Line Items]	'
Purchase Commitment, Remaining Minimum Amount Committed	5,738,000
Forward Contracts [Member] | Corn [Member]	'
Long-term Purchase Commitment [Line Items]	'
Product usage, percentage	17.00%
Affiliated Entity [Member]	'
Long-term Purchase Commitment [Line Items]	'
Purchase Obligation	3,450,000

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (Commodity Contract [Member], Fair Value, Measurements, Recurring [Member], USD $)	Oct. 31, 2013	Oct. 31, 2012
In Thousands, unless otherwise specified
Other Current Assets [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Assets, Current	$3,775	$486
Other Current Assets [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Assets, Current	3,775	486
Other Current Assets [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Assets, Current	2,414	0
Other Current Assets [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Assets, Current	1,361	486
Other Current Assets [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Assets, Current	0	0
Liability [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Liabilities, Current	-4,131	-977
Liability [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Liabilities, Current	-4,131	-977
Liability [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Liabilities, Current	-1,861	0
Liability [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Liabilities, Current	-2,270	-977
Liability [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Liabilities, Current	$0	$0

Investments_Details

Investments (Details) (USD $)

12 Months Ended

12 Months Ended

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2011

Oct. 31, 2013

Oct. 31, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2011

Oct. 31, 2013

Oct. 31, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2011

Absolute Energy [Member]

Guardian Energy [Member]

Guardian Energy [Member]

Guardian Energy [Member]

Guardian Energy [Member]

Homeland Energy Solutions [Member]

Other Investments [Member]

Equity Method Investee [Member]

Equity Method Investee [Member]

Equity Method Investee [Member]

Schedule of Equity Method Investments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Equity Method Investment, Current Assets

'

'

'

'

'

$42,981,000

$32,506,000

$46,945,000

'

'

$241,993,000

$224,095,000

$268,721,000

Equity Method Investment, Other Assets

'

'

'

'

'

65,556,000

73,277,000

82,446,000

'

'

288,159,000

313,018,000

346,004,000

Equity Method Investment, Current Liabilities

'

'

'

'

'

18,958,000

20,687,000

25,339,000

'

'

164,813,000

163,804,000

184,981,000

Equity Method Investment, Long-term Debt

'

'

'

'

'

24,080,000

31,158,000

56,059,000

'

'

32,597,000

40,396,000

101,294,000

Equity Method Investment, Members' Equity

'

'

'

'

'

65,499,000

53,938,000

47,993,000

'

'

332,744,000

332,913,000

328,450,000

Equity Method Investment, Revenue

'

'

'

'

'

'

'

'

'

'

1,140,000

1,056,422,000

1,073,305,000

Equity Method Investment, Gross Profit

'

'

'

'

'

'

'

'

'

'

68,000

58,844,000

99,271,000

Equity Method Investment, Net Income

'

'

'

'

'

'

'

'

'

'

60,000

49,535,000

82,346,000

Equity in net income of investments

$5,055,518

$3,761,784

$5,855,128

$1,082,965

$2,426,054

'

'

'

$962,792

$583,707

'

'

'

Members_Equity_Details

Members' Equity (Details) (USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Class of Stock [Line Items]	'	'	'
Partners' Capital Account, Units, Redeemed	4,577,000	'	'
Payments for Repurchase of Common Stock	$17,000,000	$0	$0
Members' Equity, units issued and outstanding	19,883,000	24,460,000	'
Common Class A [Member]	'	'	'
Class of Stock [Line Items]	'	'	'
Partners' Capital Account, Units, Redeemed	4,577,000	'	'
Payments for Repurchase of Common Stock	$17,000,000	'	'
Common Stock [Member]	'	'	'
Class of Stock [Line Items]	'	'	'
Members' Equity, units issued and outstanding	19,883,000	24,460,000	'

Lease_Obligations_Details

Lease Obligations (Details) (Equipment [Member], USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Equipment [Member]	'	'	'
Operating Leased Assets [Line Items]	'	'	'
Operating Leases, Rent Expense	$1,732,000	$2,198,000	$1,793,000
Operating Leases, Future Minimum Payments Due, 2014	1,514,000	'	'
Operating Leases, Future Minimum Payments, Due 2015	1,514,000	'	'
Operating Leases, Future Minimum Payments, Due 2016	1,514,000	'	'
Operating Leases, Future Minimum Payments, Due 2017	886,000	'	'
Operating Leases, Future Minimum Payments, Due 2018	139,000	'	'
Operating Leases, Future Minimum Payments Due	$5,567,000	'	'

Quarterly_Financial_Reporting_2

Quarterly Financial Reporting (Unaudited) (Details) (USD $)	3 Months Ended												12 Months Ended
	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2013	Jan. 31, 2013	Oct. 31, 2012	Jul. 31, 2012	Apr. 30, 2012	Jan. 31, 2012	Oct. 31, 2011	Jul. 31, 2011	Apr. 30, 2011	Jan. 31, 2011	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Quarterly Financial Reported (Unaudited) [Abstract]	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Revenue, Net	$86,835,284	$84,597,520	$93,880,209	$85,408,162	$79,031,191	$85,411,913	$79,018,996	$84,368,277	$94,948,771	$89,806,943	$67,503,827	$72,668,264	'	'	'
Gross Profit	6,010,335	5,527,465	2,134,266	-965,555	-798,302	-1,909,128	850,638	6,946,933	10,926,842	6,152,169	896,161	5,900,436	12,706,511	5,090,141	23,875,608
Operating Income (Loss)	5,349,091	4,958,513	1,585,609	-1,736,938	-1,354,068	-2,344,795	301,416	6,279,954	10,287,202	5,559,691	250,949	5,252,936	10,156,275	2,882,507	21,350,778
Net Income	$7,306,205	$6,982,173	$2,558,407	($1,763,757)	($1,316,223)	($2,387,429)	$813,532	$9,479,539	$12,238,839	$6,652,296	$1,471,308	$6,462,553	$14,183,028	$6,589,419	$26,824,996
Earnings Per Share, Basic and Diluted	$0.37	$0.35	$0.13	($0.08)	($0.05)	($0.10)	$0.03	$0.39	$0.50	$0.27	$0.06	$0.26	'	'	'

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	3 Months Ended	12 Months Ended
	Jan. 31, 2014	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Subsequent Events [Abstract]	'	'	'	'
Distribution Per Unit	$0.50	$0.10	$0.65	$0.25
Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Declared	$9,941,500	'	'	'