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Long-Term Debt (Tables) | 12 Months Ended
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Oct. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | Long-term debt is comprised of the following as of October 31 (in thousands):
| 2023 |  | 2022
AgWest Farm Credit revolving and non-revolving lines of credit: the interest rate of the revolving line of credit is variable based on the one-month Secured Overnight Financing Rate (“SOFR”), which was 5.31% at October 31, 2023, plus 1.78%. The interest rate for the $40.0 million outstanding balance of the non-revolving line of credit is fixed at 3.57% through July 1, 2025 and variable thereafter. Interest is payable monthly and the principal is due in full on July 1, 2026. | $ | 40,000 |  |  | $ | 88,521 |
AgWest Farm Credit term loan: The interest rate was fixed at 3.24%. The loan was repaid in January 2023. | — |  |  | 919 |
AgWest Farm Credit term loan: The interest rate was fixed at 3.24%. The loan was repaid in January 2023. | — |  |  | 7,562 |
AgWest Farm Credit term loan: The interest rate was fixed at 2.77% until July 1, 2025, becoming variable for the remainder of the loan. The loan was repaid in January 2023. | — |  |  | 5,555 |
AgWest Farm Credit term loan: The interest rate was fixed at 3.19%. The loan was repaid in January 2023. | — |  |  | 2,003 |
Banco de Chile term loan: The interest rate is fixed at 6.48%. The loan is payable in annual installments through January 2025. | 583 |  |  | 675 |
Banco de Chile COVID-19 loans: The interest rates are fixed at 3.48%. The loans are payable in monthly installments through September 2024. | 112 |  |  | 233 |
Banco de Chile COVID-19 loans: The interest rates are fixed at 3.48% and 4.26%. The loans are payable in monthly installments through September 2026. | 314 |  |  | 434 |
Subtotal | 41,009 |  |  | 105,902 |
Less deferred financing costs, net of accumulated amortization | — |  |  | 94 |
Total long-term debt, net | 41,009 |  |  | 105,808 |
Less current portion | 381 |  |  | 1,732 |
Long-term debt, less current portion | $ | 40,628 |  |  | $ | 104,076 |
Schedule of Principal Payments On The Company’s Long-Term Debt | Principal payments on the Company’s long-term debt are due as follows (in thousands):
2024 | $ | 381 |
2025 | 595 |
2026 | 40,033 |
| $ | 41,009 |

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