THE HIGHTOWER REPORT Futures Analysis & Forcasting June 23, 2015 SPECIAL REPORT CME Webinars: Are You Prepared for the USDA Acreage Report? June 24 | June 30 2:30 - 3:30 p.m. CT Both events will be hosted as online webinars To help commercial hedgers and end users prepare for the June 30 USDA Acreage Report, we're bringing in the experts. In this two-part webinar series, top industry analysts share their insights pre- and postreport to help you prepare for any major impacts to the agricultural markets. Pre-USDA Webinar • • The impact of El Nino – Blu Putnam, Chief Economist, CME Group Expectations and Strategy – David Hightower, President, The Hightower Report Post-USDA Webinar • Analysis and outlook panel discussion – Dan Basse, AgResource Click here to register! Disclaimer The information in this report may be considered dated upon its release and should not be considered interpersonal advice. This report is merely an opinion on the market and is a reflection of conditions as of its publication.

Market conditions change! Traders should not consider entering positions without their own independent analysis of the market’s current situation, nor without further consideration of any changes to the information contained herein that may have occurred since this report was written. The authors are not responsible for any verbal or written claims and opinions that might be provided in conjunction with this report. The trading suggestions contained herein have been provided merely as a general guide and only for the purpose of quantifying the authors’ opinions. This report includes information from sources believed to be reliable but no independent verification has been made and we do not guarantee its accuracy or completeness.

Opinions expressed are subject to change without notice. This report should not be construed as a request to engage in any transaction involving the purchase or sale of a futures contract and/or commodity option thereon. The risk of loss in trading futures contracts or commodity options can be substantial, and investors should carefully consider the inherent risks of such an investment in light of their financial condition.

Any reproduction or retransmission of this report without the express written consent of The Hightower Report is strictly prohibited. 141 West Jackson • Suite 4002 • Chicago, Illinois • 60604 • 800-662-9346 • 312-786-4450 • info@HightowerReport.com • @HightowerReport Trading futures contracts and commodity options involves substantial risk of loss, and thus is not appropriate for all investors. Investors should carefully consider the inherent risks of such an investment in light of their financial condition. Page 12 .