By accessing this web site, you are agreeing to be bound by these web site Terms and Conditions of Use, all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site. The materials contained in this web site are protected by applicable copyright and trade mark law.

Intellectual Property Rights

All copyrights, trademarks, patents and other intellectual property rights in and on our website and all content and software located on the site shall remain the sole property of Ag and Investment Services Inc. or its licensors. The use of our trademarks, content and intellectual property is forbidden without the express written consent from Ag and Investment Services Inc..

You must not:

* Republish material from our website without prior written consent.
* Sell or rent material from our website.
* Reproduce, duplicate, create derivative, copy or otherwise exploit material on our website for any purpose.
* Redistribute any content from our website, including onto another website.

Acceptable Use

You agree to use our website only for lawful purposes, and in a way that does not infringe the rights of, restrict or inhibit anyone else's use and enjoyment of the website. Prohibited behavior includes harassing or causing distress or inconvenience to any other user, transmitting obscene or offensive content or disrupting the normal flow of dialogue within our website.

You must not use our website to send unsolicited commercial communications. You must not use the content on our website for any marketing related purpose without our express written consent.

Restricted Access

We may in the future need to restrict access to parts (or all) of our website and reserve full rights to do so. If, at any point, we provide you with a username and password for you to access restricted areas of our website, you must ensure that both your username and password are kept confidential.

Revisions

Ag and Investment Services Inc. may change these terms from time to time and so you should check these terms regularly. Your continued use of our website will be deemed acceptance of the updated or amended terms. If you do not agree to the changes, you should cease using our website immediately.

If any of these terms are determined to be illegal, invalid or otherwise unenforceable, it shall be severed and deleted from these terms and the remaining terms shall survive and continue to be binding and enforceable.

Limitation of Liability

THE MATERIALS AT THIS SITE ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL Ag and Investment Services Inc. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION, INJURY OR DEATH) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF Ag and Investment Services Inc. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LOSS OR DAMAGES.

Ag and Investment Services Inc.
644 First Street – Suite 2/PO Box 202 Webster City, IA 50595
515-832-6140
ag_invst@wmtel.net

Disclaimers
This material has been prepared by a sales or trading employee or agent of Ag
& Investment Services, Inc. and is, or is in the nature of, a solicitation. By
accepting this communication, you agree that you are an experienced user of
the futures markets, capable of making independent trading decisions, and
agree that you are not, and will not, rely solely on this communication in
making trading decisions.

DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW.
PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM
THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE
EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS
ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET
COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION.

The risk of loss in trading futures and/or options is substantial and each
investor and/or trader must consider whether this is a suitable investment.
Past performance, whether actual or indicated by simulated historical tests of
strategies, is not indicative of future results. Trading advice is based on
information taken from trades and statistical services and other sources that
Ag & Investment Services, Inc. believes are reliable. We do not guarantee that
such information is accurate or complete and it should not be relied upon as
such. Trading advice reflects our good faith judgment at a specific time and
is subject to change without notice. There is no guarantee that the advice we
give will result in profitable trades.

This copyrighted report is intended for the use of clients/subscribers of
Ag & Investment Services, Inc. only and may not be reproduced or electronically
transmitted to other companies or individuals, whole or in part, without the
prior written permission of Ag & Investment Services, Inc.