XML 54 R24.htm IDEA: XBRL DOCUMENT v3.20.1
SUBSEQUENT EVENT
12 Months Ended
Jan. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
17. SUBSEQUENT EVENT

During the early months of 2020, a new strain of COVID-19 spread into the United States and other countries. In an effort to contain the spread of this virus, there have been various government mandated restrictions, in addition to voluntary privately implemented restrictions, including limiting public gatherings, retail store closures, restrictions on employees working and the quarantining of people who may have been exposed to the virus. The duration of the resulting downturn in economic activity is unknown both on a macro and a micro level and has led to historically low ethanol pricing such that it is currently unprofitable to operate the Company’s ethanol plants at such levels. Consequently, the Company has idled its NuGen and One Earth ethanol plants.