Golden Grain Energy (GGELU) 10-K 23 Dec 14 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information Document (USD $)	12 Months Ended
	Oct. 31, 2014	Dec. 22, 2014	Apr. 30, 2014
Entity Information [Line Items]
Entity Registrant Name	GOLDEN GRAIN ENERGY, LLC
Entity Central Index Key	1206942
Current Fiscal Year End Date	-21
Entity Filer Category	Non-accelerated Filer
Document Type	10-K
Document Period End Date	31-Oct-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Amendment Flag	FALSE
Entity Common Stock, Shares Outstanding		19,873,000
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, 2014	Oct. 31, 2013
Current Assets
Cash and equivalents	$47,444,566	$0
Marketable Securities	8,262,637	0
Accounts receivable	7,586,542	4,297,920
Other receivables	752,305	596,166
Derivative instruments	385,815	675,631
Inventory	4,860,052	6,974,314
Prepaid expenses and other	987,640	1,507,370
Total current assets	70,279,557	14,051,401
Property and Equipment
Land and land improvements	11,666,479	11,666,479
Building and grounds	25,761,752	25,761,752
Grain handling equipment	13,519,305	13,457,627
Office equipment	197,308	320,345
Plant and process equipment	81,520,875	79,854,167
Construction in progress	2,252,148	1,270,164
Gross property and equipment	134,917,867	132,330,534
Less accumulated depreciation	75,273,527	66,216,333
Net property and equipment	59,644,340	66,114,201
Other Assets
Investments	36,788,435	28,059,657
Other assets	845,483	1,272,490
Total other assets	37,633,918	29,332,147
Total Assets	167,557,815	109,497,749
Current Liabilities
Outstanding checks in excess of bank balance	0	563,531
Current portion long-term debt	13,114	37,314
Accounts payable	5,575,194	6,138,295
Accrued expenses	1,908,324	1,140,979
Other current liabilities	295,340	443,407
Total current liabilities	7,791,972	8,323,526
Long-term Liabilities
Deferred compensation	235,421	190,762
Long-term debt, net of current maturities	0	1,583,889
Other long-term liabilities	306,861	1,510,848
Total long-term liabilities	542,282	3,285,499
Commitments and Contingencies
Members' Equity (19,873,000 and 19,883,000 units issued and outstanding, respectively)	159,223,561	97,888,724
Total Liabilities and Members’ Equity	$167,557,815	$109,497,749

Balance_Sheet_Parenthetical

Balance Sheet Parenthetical (USD $)	Oct. 31, 2014	Oct. 31, 2013
Debt issuance costs, net of accumulated amortization	$0	$38,180
Members' Equity, units issued and outstanding	19,873,000	19,883,000

Statement_of_Operations

Statement of Operations (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Revenues	$289,152,549	$350,721,175	$327,830,377
Cost of Goods Sold	225,335,539	338,014,664	322,740,236
Gross Profit	63,817,010	12,706,511	5,090,141
Operating Expenses	3,569,152	2,550,236	2,207,634
Operating Income	60,247,858	10,156,275	2,882,507
Other Income (Expense)
Other income (expense)	913,661	-527,893	163,077
Interest expense	-196,236	-500,872	-217,949
Equity in net income of investments	18,314,254	5,055,518	3,761,784
Total Other Income (Expense)	19,031,679	4,026,753	3,706,912
Net Income	$79,279,537	$14,183,028	$6,589,419
Basic & diluted net income per unit	$3.99	$0.69	$0.27
Weighted average units outstanding for the calculation of basic & diluted net income per unit	19,881,333	20,645,833	24,460,000
Distribution Per Unit	$0.90	$0.10	$0.65

Statement_of_Cash_Flows

Statement of Cash Flows (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Cash Flows from Operating Activities
Net Income	$79,279,537	$14,183,028	$6,589,419
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	9,610,066	9,610,490	9,101,039
Unrealized loss (gain) on risk management & investing activities	27,179	-260,985	-310,697
Amortization of deferred revenue	-452,054	-512,930	-487,579
Change in accretion amounts of interest on grant receivable	-58,167	-5,856	-82,530
Earnings in excess of distributions from investments	-8,163,778	-4,457,139	-1,219,065
Deferred compensation expense	38,299	15,531	64,075
Change in assets and liabilities
Accounts receivable	-3,288,622	2,435,791	8,177,073
Inventory	2,114,262	2,919,644	-4,008,220
Prepaid expenses and other	363,590	69,515	10,309
Accounts payable	-1,013,101	208,664	1,008,026
Accrued expenses	773,705	189,853	-101,199
Deferred compensation payable	0	-67,891	-158,743
Net cash provided by operating activities	79,230,916	24,327,715	18,581,908
Cash Flows from Investing Activities
Capital expenditures	-3,578,716	-4,867,493	-6,728,362
Proceeds from sale of equipment	0	0	0
Purchase of marketable securities	-28,000,000	0	0
Sale of marketable securities	20,000,000	0	0
Purchase of investments	-565,000	0	0
Net cash (used in) investing activities	-12,143,716	-4,867,493	-6,728,362
Cash Flows from Financing Activities
Increase (decrease) in outstanding checks in excess of bank balance	-563,531	203,193	360,338
Proceeds from long-term debt	0	17,000,000	2,692,315
Payments for long-term debt	-1,608,089	-18,155,995	-68,693
Payments for debt issuance costs	0	-22,500	0
Redemption of membership units	-50,000	-17,000,000	0
Distributions to members	-17,894,700	-1,988,300	-15,899,000
Payment received on deferred contract	0	251,328	0
Payments received on grant receivable	473,686	252,052	576,406
Net cash (used in) financing activities	-19,642,634	-19,460,222	-12,338,634
Net Increase (Decrease) in Cash and Equivalents	47,444,566	0	-485,088
Cash and Equivalents – Beginning of Period	0	0	485,088
Cash and Equivalents – End of Period	47,444,566	0	0
Supplemental Cash Flow Information
Interest paid net of capitalized interest (2014 $0; 2013 $50,878; 2012 $25,800)	213,765	556,855	203,381
Supplemental Disclosure of Noncash Operating, Investing & Financing Activities
Accounts Payable related to construction in process	0	0	775,796
Equity Adjustment in Investee	$0	$0	$407,946

Statement_of_Cash_Flows_Parent

Statement of Cash Flows Parenthetical (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Cash paid for interest, net of capitalized interest	$0	$50,878	$25,800

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Members' Equity (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Stockholders' Equity Attributable to Parent	$97,888,724	$102,693,996	$111,595,631
Distribution Made to Member or Limited Partner, Cash Distributions Paid	-17,894,700	-1,988,300	-15,899,000
Equity Adjustment in Investee	0	0	407,946
Stock Redeemed or Called During Period, Value	-50,000	-17,000,000
Net Income	79,279,537	14,183,028	6,589,419
Stockholders' Equity Attributable to Parent	$159,223,561	$97,888,724	$102,693,996

Consolidated_Statements_of_Cha1

Consolidated Statements of Changes in Members' Equity Parenthetical (USD $)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2012	Oct. 31, 2011
Partners' Capital, Distribution Amount Per Share	$0.10	$0.90	$0.65	$0.25
Partners' Capital Account, Units	19,883,000	19,873,000	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, 2014
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. The Company also holds several investments in various companies that focus on ethanol production, marketing and/or logistics.
	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 exceed federally insured limits during the period. The Company has not experienced any losses in connection with these balances. Also included in cash and equivalents are highly liquid investments that are readily convertible into known amounts of cash which are subject to an insignificant risk of change in value due to interest rate, quoted price or penalty on withdrawal and have a maturity of three months or less.
	Marketable Securities
	Marketable securities consist of certificates of deposits with original maturities of greater than three months and mutual funds. Certificates of deposit are considered held to maturity securities, which are measured at cost. Mutual funds are considered trading securities which are measured at fair value using prices obtained from pricing services. Any unrealized or realized gains and losses on the trading securities are recorded as part of other income (expense).
	At October 31, 2014, marketable securities consisted of mutual funds invested in intermediate-term municipal and government bonds with an approximate cost and fair market value of $5,211,000 and $5,264,000, respectively, and certificates of deposit all with maturities of less than one year and an approximate value of $3,000,000. For the year ended October 31, 2014 the Company recorded a net realized and unrealized gain of approximately $110,000 and $53,000 from these investments as part of other income (expense). There were no marketable securities as of October 31, 2013.
	Receivables
	Credit sales are made primarily to one customer and no collateral is required. The Company carries these accounts receivable at original invoice 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, 2014 for all companies is based on the investee's results for the twelve month period ended September 30, 2014.
	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 customer. 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 3 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.
	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 commodity prices. 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 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, 2014, 2013 or 2012 for environmental liabilities.
	Deferred Compensation Plan
	The Company has a deferred 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 has a vesting schedule of the lesser of five years from the grant date or seven years of continuous employment with the Company. Considering the portion subject to vesting, 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, 2014 and 2013, respectively. Fair value is determined by recent trading activity of the Company's membership units.
	Fair Value
	Financial instruments include cash and equivalents, certificates of deposit, marketable securities, receivables, accounts payable, accrued expenses, long-term debt and derivative instruments. The fair value of marketable securities and 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 (see Note 8).
	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 2014 fiscal year, ethanol sales accounted for approximately 81% of total revenue, distiller grains sales accounted for approximately 16% of total revenue and corn oil sales accounted for approximately 3% of total revenue while corn costs averaged approximately 76% 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
	Certain items in the prior years balance sheet and cash flow statements for the year ended October 31, 2013 have been reclassified to conform to the 2014 classifications. The changes do not affect net liabilities or net cash flow but were changed to agree with the classifications used in the October 31, 2014 financial statements.

Inventory

Inventory	12 Months Ended
	Oct. 31, 2014
Inventory [Abstract]
Inventory	INVENTORY
	Inventory consisted of the following as of October 31, 2014 and October 31, 2013:
		October 31, 2014		October 31, 2013
	Raw Materials	$	3,150,725	$	4,341,444
	Work in Process	1,193,582		1,550,697
	Finished Goods	515,745		1,082,173
	Totals	$	4,860,052	$	6,974,314

Bank_Financing

Bank Financing	12 Months Ended
	Oct. 31, 2014
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 mature 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 (3.31% as of October 31, 2014). The borrowings are secured by substantially all the assets of the Company. 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, 2014, the Company had no outstanding borrowings and $27.5 million additional available to borrow under the credit agreement. As of October 31, 2013 the Company has approximately $1.6 million outstanding.
	The Company has other notes payable of approximately $13,000 and $50,000 outstanding as of October 31, 2014 and October 31, 2013, respectively.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Oct. 31, 2014
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, 2014, 2013 and 2012 totaled approximately $66,507,000, $65,573,000 and $109,059,000, respectively. As of October 31, 2014 and 2013 the amount we owed to related parties was approximately $456,000 and $778,000, respectively.
	Previously, the Company had a management services agreement with Homeland Energy Solutions, LLC to share the compensation costs associated with each management position covered under the agreement partially in an effort to reduce the costs of administrative overhead. This agreement was terminated on May 16, 2014. The Company recorded a reduction in expenses related to these shared costs during the fiscal years ended October 31, 2014, 2013 and 2012 of approximately $118,000, $169,000 and $166,000, respectively.

Employee_Benefit_Plan

Employee Benefit Plan	12 Months Ended
	Oct. 31, 2014
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, 2014, 2013 and 2012 the Company recorded compensation expense related to this plan of approximately $38,000, $16,000 and $64,000, respectively. As of October 31, 2014 and 2013, the Company had a liability of approximately $361,000 and $191,000 outstanding as deferred compensation, respectively and has approximately $189,000 to be recognized as future compensation expense. Two 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, 2014. Fair value is determined by recent trading activity of the Company's membership units. The Company had approximately 26,000 unvested equivalent phantom units outstanding under this plan as of October 31, 2014.
	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 $93,000, $89,000 and $91,000 during the years ended October 31, 2014, 2013 and 2012, respectively

Commitments_Contingencies_and_

Commitments, Contingencies and Agreements	12 Months Ended
	Oct. 31, 2014
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:
		2014		2013		2012
	Sales ethanol, distiller grains & corn oil	$	293,550,000	$	353,289,000	$	326,671,000
	Marketing fees	430,000		584,000		618,000
	As of	October 31, 2014		October 31, 2013
	Amount due from marketer of ethanol, distiller grains & corn oil	$	7,587,000	$	4,276,000

Risk_Management

Risk Management	12 Months Ended
	Oct. 31, 2014
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, 2014, 2013 and 2012 and the fair value of derivatives as of October 31, 2014 and 2013:
		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	$	(2,736,000	)	$	(1,232,000	)	$	(3,968,000	)
	fiscal year 2014	Cost of Goods Sold	3,108,000			1,518,000			4,626,000
		Total	$	372,000		$	286,000		$	658,000
	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	)
		Balance Sheet Classification	October 31, 2014			October 31, 2013
	Futures and option contracts through March 2015
	In gain position		$	648,000		$	3,775,000
	In loss position		(726,000		)	(4,131,000		)
	Cash held by broker		464,000			1,032,000
		Current Asset	$	386,000		$	676,000
	As of October 31, 2014, the Company had the following approximate outstanding purchase and sales commitments, of which approximately $5,510,000 were with related parties.
		Commitments Through	Amount
	Sale commitments
	Distiller Grains - fixed price	Mar-15	$	8,799,000
	Purchase commitments
	Corn - fixed price	Oct-15	$	5,834,000
	Corn - basis contract	Jul-15	14,740,000
	Natural gas - fixed price	Mar-15	3,318,000
	As of October 31, 2014, the Company has fixed price futures and forward contracts in place for approximately 8% of anticipated corn needs and 23% of natural gas needs for the next 12 months with no open positions beyond that point.

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Oct. 31, 2014
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.
	Marketable Securities: The Company's short-term investments are classified within Level 1 and comprise of short-term liquid investments (e.g. mutual funds), classified as trading securities, which are carried at fair value based on the quoted market prices.
	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
	Marketable securities, October 31, 2014
	Assets	$	5,264,000		$	5,264,000		$	—		$	—
	Derivative financial instruments
	31-Oct-14
	Assets	$	648,000		$	447,000		$	201,000		$	—
	Liabilities	(726,000		)	(610,000		)	(116,000		)	—
	31-Oct-13
	Assets	$	3,775,000		$	2,414,000		$	1,361,000		$	—
	Liabilities	(4,131,000		)	(1,861,000		)	(2,270,000		)	—

Investments

Investments	12 Months Ended
	Oct. 31, 2014
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	9/30/14		9/30/13		9/30/12
	Current Assets	$	320,903	$	241,993	$	224,095
	Other Assets	267,563		288,159		313,018
	Current Liabilities	140,262		164,813		163,804
	Long-term Debt	17,007		32,597		40,396
	Members’ Equity	431,197		332,744		332,913
	Revenue	988,226		1,140,309		1,056,422
	Gross Profit	220,216		68,152		58,844
	Net Income	209,768		59,556		49,535
	The following table (in 000's) shows the condensed financial information of Guardian Energy, which represents greater than 10% of the Company's net income for the year ended October 31, 2013.
	Guardian Energy Condensed Financial Information
	Balance Sheet	9/30/14		9/30/13		9/30/12
	Current Assets	$	68,726	$	42,981	$	32,506
	Other Assets	56,576		65,556		73,277
	Current Liabilities	22,193		18,958		20,687
	Long-term Debt	16,788		24,080		31,158
	Members’ Equity	86,321		65,499		53,938
	The Company recorded equity in net income of approximately $4,916,000 from Absolute Energy, $7,547,000 from Guardian Energy, $5,404,000 from Homeland Energy Solutions and $447,000 from our other investments for a total of approximately $18,314,000 for the fiscal year ended October 31, 2014. Income for the fiscal years ended October 31, 2013 and 2012 totaled approximately $5,056,000 and $3,762,000, respectively.

Members_Equity

Members' Equity	12 Months Ended
	Oct. 31, 2014
Members' Equity [Abstract]
Members' Equity	MEMBERS’ EQUITY
	The Company repurchased 10,000 of Class A units during 2014 for purchase price of $50,000 and 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, 2014 and 2013 was 19,873,000 and 19,883,000, 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, 2014
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, 2014, 2013 and 2012 was approximately $1,913,000, $1,732,000 and $2,198,000, respectively.
	At October 31, 2014, the Company had the following approximate minimum rental commitments under non-cancelable operating leases.
	2015	$	1,514,000
	2016	1,514,000
	2017	886,000
	2018	139,000
	Total	$	4,053,000

Group_Insurance

Group Insurance	12 Months Ended
	Oct. 31, 2014
Group Insurance [Abstract]
Group Insurance	GROUP 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, 2014
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, 2014
	Total revenues	$	72,987,525		$	79,555,311	$	70,787,145		$	65,822,568
	Gross profit	14,393,693			18,588,889		18,992,791			11,841,637
	Operating income	13,608,951			17,601,368		17,967,160			11,070,379
	Net income	18,475,033			22,777,709		21,925,756			16,101,039
	Basic & diluted earnings per unit	$	0.93		$	1.15	$	1.1		$	0.81
	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	)

Subsequent_Events

Subsequent Events	12 Months Ended
	Oct. 31, 2014
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS
	On November 17, 2014 the board of directors declared a cash distribution of $2.60 per membership unit to the holders of Class A and Class B units of record at the close of business on November 17, 2014 for a total distribution of $51,669,800. The distribution will be recorded in the Company's first quarter financial statements for the 2015 fiscal year and was paid on December 10, 2014.

Accounting_Policies

Accounting Policies	12 Months Ended
	Oct. 31, 2014
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 exceed federally insured limits during the period. The Company has not experienced any losses in connection with these balances. Also included in cash and equivalents are highly liquid investments that are readily convertible into known amounts of cash which are subject to an insignificant risk of change in value due to interest rate, quoted price or penalty on withdrawal and have a maturity of three months or less.
Marketable Securities	Marketable Securities
	Marketable securities consist of certificates of deposits with original maturities of greater than three months and mutual funds. Certificates of deposit are considered held to maturity securities, which are measured at cost. Mutual funds are considered trading securities which are measured at fair value using prices obtained from pricing services. Any unrealized or realized gains and losses on the trading securities are recorded as part of other income (expense).
	At October 31, 2014, marketable securities consisted of mutual funds invested in intermediate-term municipal and government bonds with an approximate cost and fair market value of $5,211,000 and $5,264,000, respectively, and certificates of deposit all with maturities of less than one year and an approximate value of $3,000,000. For the year ended October 31, 2014 the Company recorded a net realized and unrealized gain of approximately $110,000 and $53,000 from these investments as part of other income (expense). There were no marketable securities as of October 31, 2013.
Receivables	Receivables
	Credit sales are made primarily to one customer and no collateral is required. The Company carries these accounts receivable at original invoice 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, 2014 for all companies is based on the investee's results for the twelve month period ended September 30, 2014.
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 customer. 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 3 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.
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 commodity prices. 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 per unit	Net income 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, 2014, 2013 or 2012 for environmental liabilities.
Deferred Compensation Plan	Deferred Compensation Plan
	The Company has a deferred 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 has a vesting schedule of the lesser of five years from the grant date or seven years of continuous employment with the Company. Considering the portion subject to vesting, 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, 2014 and 2013, respectively. Fair value is determined by recent trading activity of the Company's membership units.
Fair Value	Fair Value
	Financial instruments include cash and equivalents, certificates of deposit, marketable securities, receivables, accounts payable, accrued expenses, long-term debt and derivative instruments. The fair value of marketable securities and 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 (see Note 8).
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 2014 fiscal year, ethanol sales accounted for approximately 81% of total revenue, distiller grains sales accounted for approximately 16% of total revenue and corn oil sales accounted for approximately 3% of total revenue while corn costs averaged approximately 76% 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	Reclassification
	Certain items in the prior years balance sheet and cash flow statements for the year ended October 31, 2013 have been reclassified to conform to the 2014 classifications. The changes do not affect net liabilities or net cash flow but were changed to agree with the classifications used in the October 31, 2014 financial statements.

Inventory_Tables

Inventory (Tables)	12 Months Ended
	Oct. 31, 2014
Inventory [Abstract]
Schedule of Inventory
		October 31, 2014		October 31, 2013
	Raw Materials	$	3,150,725	$	4,341,444
	Work in Process	1,193,582		1,550,697
	Finished Goods	515,745		1,082,173
	Totals	$	4,860,052	$	6,974,314

Commitments_Contingencies_and_1

Commitments, Contingencies and Agreements (Tables)	12 Months Ended
	Oct. 31, 2014
Commitments, Contingencies and Agreements [Abstract]
Schedule of Related Party Transactions
		2014		2013		2012
	Sales ethanol, distiller grains & corn oil	$	293,550,000	$	353,289,000	$	326,671,000
	Marketing fees	430,000		584,000		618,000
	As of	October 31, 2014		October 31, 2013
	Amount due from marketer of ethanol, distiller grains & corn oil	$	7,587,000	$	4,276,000

Risk_Management_Tables

Risk Management (Tables)	12 Months Ended
	Oct. 31, 2014
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	$	(2,736,000	)	$	(1,232,000	)	$	(3,968,000	)
	fiscal year 2014	Cost of Goods Sold	3,108,000			1,518,000			4,626,000
		Total	$	372,000		$	286,000		$	658,000
	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	)
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
		Balance Sheet Classification	October 31, 2014			October 31, 2013
	Futures and option contracts through March 2015
	In gain position		$	648,000		$	3,775,000
	In loss position		(726,000		)	(4,131,000		)
	Cash held by broker		464,000			1,032,000
		Current Asset	$	386,000		$	676,000
Long-term Purchase Commitment
		Commitments Through	Amount
	Sale commitments
	Distiller Grains - fixed price	Mar-15	$	8,799,000
	Purchase commitments
	Corn - fixed price	Oct-15	$	5,834,000
	Corn - basis contract	Jul-15	14,740,000
	Natural gas - fixed price	Mar-15	3,318,000

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
	Oct. 31, 2014
Fair Value Measurements [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
		Total			Level 1			Level 2			Level 3
	Marketable securities, October 31, 2014
	Assets	$	5,264,000		$	5,264,000		$	—		$	—
	Derivative financial instruments
	31-Oct-14
	Assets	$	648,000		$	447,000		$	201,000		$	—
	Liabilities	(726,000		)	(610,000		)	(116,000		)	—
	31-Oct-13
	Assets	$	3,775,000		$	2,414,000		$	1,361,000		$	—
	Liabilities	(4,131,000		)	(1,861,000		)	(2,270,000		)	—

Investments_Tables

Investments (Tables)	12 Months Ended
	Oct. 31, 2014
Investments [Abstract]
Schedule of Equity Method Investments
	Balance Sheet	9/30/14		9/30/13		9/30/12
	Current Assets	$	320,903	$	241,993	$	224,095
	Other Assets	267,563		288,159		313,018
	Current Liabilities	140,262		164,813		163,804
	Long-term Debt	17,007		32,597		40,396
	Members’ Equity	431,197		332,744		332,913
	Revenue	988,226		1,140,309		1,056,422
	Gross Profit	220,216		68,152		58,844
	Net Income	209,768		59,556		49,535
	The following table (in 000's) shows the condensed financial information of Guardian Energy, which represents greater than 10% of the Company's net income for the year ended October 31, 2013.
	Guardian Energy Condensed Financial Information
	Balance Sheet	9/30/14		9/30/13		9/30/12
	Current Assets	$	68,726	$	42,981	$	32,506
	Other Assets	56,576		65,556		73,277
	Current Liabilities	22,193		18,958		20,687
	Long-term Debt	16,788		24,080		31,158
	Members’ Equity	86,321		65,499		53,938

Lease_Obligations_Tables

Lease Obligations (Tables)	12 Months Ended
	Oct. 31, 2014
Lease Obligations [Abstract]
Operating Leases of Lessee Disclosure
	2015	$	1,514,000
	2016	1,514,000
	2017	886,000
	2018	139,000
	Total	$	4,053,000

Quarterly_Financial_Reporting_1

Quarterly Financial Reporting (Unaudited) (Tables)	12 Months Ended
	Oct. 31, 2014
Quarterly Financial Reported (Unaudited) [Abstract]
Schedule of Quarterly Financial Information
		First Quarter			Second Quarter		Third Quarter			Fourth Quarter
	Year ended October 31, 2014
	Total revenues	$	72,987,525		$	79,555,311	$	70,787,145		$	65,822,568
	Gross profit	14,393,693			18,588,889		18,992,791			11,841,637
	Operating income	13,608,951			17,601,368		17,967,160			11,070,379
	Net income	18,475,033			22,777,709		21,925,756			16,101,039
	Basic & diluted earnings per unit	$	0.93		$	1.15	$	1.1		$	0.81
	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	)

Summary_of_Significant_Account1

Summary of Significant Accounting Policies Production (Details)	12 Months Ended
	Oct. 31, 2014
	gal
Product Information [Line Items]
Equity Method Investments, Number of Entities	4
Ethanol [Member]
Product Information [Line Items]
Annual Production Capacity	110,000,000
Phantom Share Units (PSUs) [Member]
Product Information [Line Items]
Share-Based Compensation, Percentage of Net Income	1.00%

Summary_of_Significant_Account2

Summary of Significant Accounting Policies Marketable Securities (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Schedule of Held-to-maturity Securities [Line Items]
Marketable Securities, Realized Gain (Loss)	$110,000
Marketable Securities, Unrealized Gain (Loss)	53,000
Original Cost [Member] | Mutual Fund [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Current	5,211,000	0
Estimate of Fair Value Measurement [Member] | Mutual Fund [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Current	5,264,000
Estimate of Fair Value Measurement [Member] | Certificates of Deposit [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Current	$3,000,000

Property_and_Equipment_Details

Property and Equipment (Details) (Property, Plant and Equipment [Member])	12 Months Ended
	Oct. 31, 2014
Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	3
Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	40

Summary_of_Significant_Account3

Summary of Significant Accounting Policies Concentration Risk (Details)	12 Months Ended
	Oct. 31, 2014
Sales Revenue, Product Line [Member] | Ethanol [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	81.00%
Sales Revenue, Product Line [Member] | Distillers Grains [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	16.00%
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	76.00%

Inventory_Details

Inventory (Details) (USD $)	Oct. 31, 2014	Oct. 31, 2013
Inventory [Abstract]
Raw Materials	$3,150,725	$4,341,444
Work in Process	1,193,582	1,550,697
Finished Goods	515,745	1,082,173
Inventory	$4,860,052	$6,974,314

Bank_Financing_Long_Term_Debt_

Bank Financing Long Term Debt (Details) (Farm Credit Services of America [Member], USD $)	Oct. 31, 2014	Oct. 31, 2013
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	3.31%
Debt Instrument, Unused Borrowing Capacity, Amount	27,500,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	5,000,000
Debt Instrument, Periodic Reduction	2,500,000
Debt Instrument, Unused Borrowing Capacity, Amount	$0	$1,600,000

Bank_Financing_Short_Term_Debt

Bank Financing Short Term Debt (Details) (Notes Payable, Other Payables [Member], USD $)	Oct. 31, 2014	Oct. 31, 2013
Notes Payable, Other Payables [Member]
Short-term Debt [Line Items]
Notes Payable, Current	$13,000	$50,000

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Related Party Transaction [Line Items]
Accounts Payable, Related Parties	$456,000	$778,000
Director [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	66,507,000	65,573,000	109,059,000
Limited Liability Company [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party	$118,000	$169,000	$166,000

Employee_Benefit_Plan_Details

Employee Benefit Plan (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation	$235,421	$190,762
Defined Contribution Plan, Employer Discretionary Contribution Amount	93,000	89,000	91,000
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	38,000	16,000	64,000
Deferred compensation	361,000	191,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized	$189,000
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	25,520

Commitments_Contingencies_and_2

Commitments, Contingencies and Agreements (Details) (Investee [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Investee [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	$293,550	$353,289	$326,671
Related Party Transaction, Expenses from Transactions with Related Party	430	584	618
Related Party Transaction, Due from (to) Related Party	$7,587	$4,276

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, 2014	Oct. 31, 2013	Oct. 31, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Realized Gain (Loss) Recognized in Income, Net	$372,000	($2,166,000)	($2,847,000)
Derivative Instruments, Unrealized Gain (Loss) Recognized in Income, Net	286,000	135,000	-203,000
Derivative Instruments, Gain (Loss) Recognized in Income, Net	658,000	-2,031,000	-3,050,000
Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Realized Gain (Loss) Recognized in Income, Net	-2,736,000	-3,388,000	693,000
Derivative Instruments, Unrealized Gain (Loss) Recognized in Income, Net	-1,232,000	1,405,000	1,084,000
Derivative Instruments, Gain (Loss) Recognized in Income, Net	-3,968,000	-1,983,000	1,777,000
Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Realized Gain (Loss) Recognized in Income, Net	3,108,000	1,222,000	-3,540,000
Derivative Instruments, Unrealized Gain (Loss) Recognized in Income, Net	1,518,000	-1,270,000	-1,287,000
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$4,626,000	($48,000)	($4,827,000)

Risk_Management_Derivative_Ins1

Risk Management Derivative Instruments - Balance Sheet Location (Details) (USD $)	Oct. 31, 2014	Oct. 31, 2013
Derivatives, Fair Value [Line Items]
Derivative Instruments and Hedges, Assets	$385,815	$675,631
Fair Value, Measurements, Recurring [Member] | Commodity Contract [Member] | Liability [Member]
Derivatives, Fair Value [Line Items]
Derivative Liabilities, Current	-726,000	-4,131,000
Fair Value, Measurements, Recurring [Member] | Commodity Contract [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Assets, Current	648,000	3,775,000
Restricted Cash and Cash Equivalents	464,000	1,032,000
Derivative Instruments and Hedges, Assets	$386,000	$676,000

Risk_Management_Long_Term_Purc

Risk Management Long Term Purchase Commitments (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014
Fixed Price [Member] | Corn [Member]
Long-term Purchase Commitment [Line Items]
Sale commitments, Remaining Minimum Amount Committed	8,799
Purchase Commitment, Remaining Minimum Amount Committed	5,834
Fixed Price [Member] | Natural Gas [Member]
Long-term Purchase Commitment [Line Items]
Purchase Commitment, Remaining Minimum Amount Committed	3,318
Basis Contract [Member] | Corn [Member]
Long-term Purchase Commitment [Line Items]
Purchase Commitment, Remaining Minimum Amount Committed	14,740
Forward Contracts [Member] | Corn [Member]
Long-term Purchase Commitment [Line Items]
Product usage, percentage	8.00%
Forward Contracts [Member] | Natural Gas [Member]
Long-term Purchase Commitment [Line Items]
Product usage, percentage	23.00%
Affiliated Entity [Member]
Long-term Purchase Commitment [Line Items]
Purchase Obligation	5,510

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (Commodity Contract [Member], Fair Value, Measurements, Recurring [Member], USD $)	Oct. 31, 2014	Oct. 31, 2013
Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets, Current	$648,000	$3,775,000
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]
Marketable Securities	5,264,000
Derivative Assets, Current	648,000	3,775,000
Other Current Assets [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities	5,264,000
Derivative Assets, Current	447,000	2,414,000
Other Current Assets [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities	0
Derivative Assets, Current	201,000	1,361,000
Other Current Assets [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities	0
Derivative Assets, Current	0	0
Liability [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liabilities, Current	-726,000	-4,131,000
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	-726,000	-4,131,000
Liability [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liabilities, Current	-610,000	-1,861,000
Liability [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liabilities, Current	-116,000	-2,270,000
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
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Schedule of Equity Method Investments [Line Items]
Equity in net income of investments	$18,314,254	$5,055,518	$3,761,784
Absolute Energy [Member]
Schedule of Equity Method Investments [Line Items]
Equity in net income of investments	4,916,000
Guardian Energy [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Current Assets				68,726,000	42,981,000	32,506,000
Equity Method Investment, Other Assets				56,576,000	65,556,000	73,277,000
Equity Method Investment, Current Liabilities				22,193,000	18,958,000	20,687,000
Equity Method Investment, Long-term Debt				16,788,000	24,080,000	31,158,000
Equity Method Investment, Members' Equity				86,321,000	65,499,000	53,938,000
Equity in net income of investments	7,547,000
Homeland Energy Solutions [Member]
Schedule of Equity Method Investments [Line Items]
Equity in net income of investments	5,404,000
Other Investments [Member]
Schedule of Equity Method Investments [Line Items]
Equity in net income of investments	447,000
Equity Method Investee [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Current Assets				320,903,000	241,993,000	224,095,000
Equity Method Investment, Other Assets				267,563,000	288,159,000	313,018,000
Equity Method Investment, Current Liabilities				140,262,000	164,813,000	163,804,000
Equity Method Investment, Long-term Debt				17,007,000	32,597,000	40,396,000
Equity Method Investment, Members' Equity				431,197,000	332,744,000	332,913,000
Equity Method Investment, Revenue				988,226,000	1,140,309,000	1,056,422,000
Equity Method Investment, Gross Profit				220,216,000	68,152,000	58,844,000
Equity Method Investment, Net Income				$209,768,000	$59,556,000	$49,535,000

Members_Equity_Details

Members' Equity (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Class of Stock [Line Items]
Partners' Capital Account, Units, Redeemed		4,577,000
Payments for Repurchase of Common Stock	$50,000	$17,000,000	$0
Members' Equity, units issued and outstanding	19,873,000	19,883,000
Common Class A [Member]
Class of Stock [Line Items]
Partners' Capital Account, Units, Redeemed	10,000	4,577,000
Payments for Repurchase of Common Stock	$50,000	$17,000,000
Common Stock [Member]
Class of Stock [Line Items]
Members' Equity, units issued and outstanding	19,873,000	19,883,000

Lease_Obligations_Details

Lease Obligations (Details) (Equipment [Member], USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Equipment [Member]
Operating Leased Assets [Line Items]
Operating Leases, Rent Expense	$1,913,000	$1,732,000	$2,198,000
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	$4,053,000

Quarterly_Financial_Reporting_2

Quarterly Financial Reporting (Unaudited) (Details) (USD $)	3 Months Ended												12 Months Ended
	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	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, 2014	Oct. 31, 2013	Oct. 31, 2012
Quarterly Financial Reported (Unaudited) [Abstract]
Total revenues	$65,822,568	$70,787,145	$79,555,311	$72,987,525	$86,835,284	$84,597,520	$93,880,209	$85,408,162	$79,031,191	$85,411,913	$79,018,996	$84,368,277	$289,152,549	$350,721,175	$327,830,377
Gross Profit (loss)	11,841,637	18,992,791	18,588,889	14,393,693	6,010,335	5,527,465	2,134,266	-965,555	-798,302	-1,909,128	850,638	6,946,933	63,817,010	12,706,511	5,090,141
Operating Income (loss)	11,070,379	17,967,160	17,601,368	13,608,951	5,349,091	4,958,513	1,585,609	-1,736,938	-1,354,068	-2,344,795	301,416	6,279,954	60,247,858	10,156,275	2,882,507
Net Income (loss)	$16,101,039	$21,925,756	$22,777,709	$18,475,033	$7,306,205	$6,982,173	$2,558,407	($1,763,757)	($1,316,223)	($2,387,429)	$813,532	$9,479,539	$79,279,537	$14,183,028	$6,589,419
Basic & diluted earnings (loss) per unit	$0.81	$1.10	$1.15	$0.93	$0.37	$0.35	$0.13	($0.08)	($0.05)	($0.10)	$0.03	$0.39

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	3 Months Ended	12 Months Ended
	Jan. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Subsequent Events [Abstract]
Distribution Per Unit	$2.60	$0.90	$0.10	$0.65
Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Declared	$51,669,800