FCC Futures, Inc.
Cooperative Elevator Co.

Applying good management practices, utilizing high quality inputs, and marketing your crops to manage risk and maximize return per acre are all key elements in the operation of your farm enterprise. To assist in the marketing of your grains and soybeans, your Cooperative offers a full service brokerage, capable of providing the futures and option trading necessary to carry out any marketing plan or hedging strategy.

Location:                      Pigeon Business Office

Phone Numbers:           Local: 989-453-4500

                                    Toll Free: 800-968-0601

                                    Direct: Extensions: 556, 524, and 575

Hours:                          8:00 A.M. to 5:00 P.M. Monday through Friday

                                    (Off-hours voicemail available)

Personnel:                     Michelle Bergman

                                    Phil Symons

                                    Chuck Squires, Manager

General Operating Procedures:

1. To trade with the Branch Office, each customer must have account with FCC Futures, Inc.,(FCCFI). To do so,

    they must complete an account booklet, (available on line or at the Pigeon office), and submit it to FCCFI for acceptance.

2. Orders must be placed with one of the personnel listed above.

3. Monetary transactions in connection with the Branch Office will be between the customer and FCStone LLC. No moneys

    will flow through, or in any way effect, a customer’s account with the Cooperative Elevator Co.

4. Customers will be responsible for supplying the Branch Office with both primary and backup telephone numbers for use in

    the event they must be reached for margin calls, etc.

5. Branch Office personnel will be responsible for contacting the customers for margin calls. The customer is responsible for

    the delivery of the requested funds to FCStone within the allotted time.

6. FCStone reserves the right, at its discretion, to liquidate any account that has a margin deficit.

Commission and Fee Schedule*

Grain Futures....(Round Turn).......CBOT.................................$50.00

                                                        MidAm...............................$30.00

Grain Options......(Per Side)...........CBOT.................................$25.00

                                                        MidAm................................$15.00

Livestock Futures..(Round Turn)...CME....................................$50.00

Livestock Options....(Per Side)......CME.....................................$30.00

*Price does not include applicable clearing, exchange, and NFA fees.

For more information, contact Michelle, Phil, or Chuck at the Pigeon office.

Disclaimer: The data and comments above are provided for information purposes only and are not intended to be used for specific trading strategies. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. Commodity trading involves risks, and you should fully understand those risks before trading.