2010 HTA POLICY  03/10/10 2:54:25 PM

CORN-  1 CENT PER BU  EACH DEFERRED  OPTION MONTH FROM THE LEAD MONTH
SOYBEANS/WHEAT 2 CENTS PER BU EACH DEFERRED OPTION MONTH FROM THE LEAD MONTH.

FOR EXAMPLE:   WE ARE BIDDING OFF MAY  FUTURES FOR OUR CORN BID TODAY THE 10TH OF MARCH 2010--  AND YOU WANTED TO DO A DEC 2010 HTA THE FEE WOULD BE CALCULATED AS  JULY "10" =  1CENT  PLUS 1 CENT FOR SEPT "10" AND 1 MORE CENT FOR DEC "10"  FOR A TOTAL OF THREE CENTS.
 
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