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Long-Term Debt (Tables)
6 Months Ended
Apr. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt is comprised of the following (in thousands):
 April 30, 2021October 31, 2020
Farm Credit West revolving and non-revolving lines of credit: the interest rate of the revolving line of credit is variable based on the one-month London Interbank Offered Rate (“LIBOR”), which was 0.11% at April 30, 2021, plus 1.60%. The interest rate for the $40.0 million outstanding balance of the non-revolving line of credit was fixed at 4.77%. Interest is payable monthly and the principal is due in full on July 1, 2022.
$109,484 $102,251 
Farm Credit West term loan: Effective July 1, 2020, the interest rate was fixed at 2.48%. The loan is payable in quarterly installments through November 2022.
1,125 1,438 
Farm Credit West term loan: Effective July 1, 2020, the interest rate was fixed at 3.24%. The loan is payable in monthly installments through October 2035.
1,002 1,029 
Farm Credit West term loan: Effective July 1, 2020, the interest rate was fixed at 3.24%. The loan is payable in monthly installments through March 2036.
8,220 8,433 
Farm Credit West term loan: Effective July 1, 2020 the interest rate was fixed at 2.77% until July 1, 2025, becoming variable for the remainder of the loan. The loan is payable in monthly installments through March 2036.
6,057 6,220 
Wells Fargo term loan: the interest rate is fixed at 3.58%. The loan is payable in monthly installments through January 2023.
2,739 3,491 
Banco de Chile term loan: the interest rate is fixed at 6.48%. The loan is payable in annual installments through January 2025.
1,067 1,205 
Note Payable: the interest rate ranges from 5.00% to 7.00% and was 6.50% at April 30, 2021. The loan includes interest only monthly payments and principal is due in February 2023.
1,435 1,435 
Banco de Chile COVID-19 loans: The interest rates are fixed at 3.48% and 2.90%. The loans are payable in monthly installments beginning February 2021 through September 2024.
551 522 
Subtotal131,680 126,024 
Less deferred financing costs, net of accumulated amortization154 176 
Total long-term debt, net131,526 125,848 
Less current portion3,336 3,277 
Long-term debt, less current portion$128,190 $122,571