John Stewart and Associates (JSA) is a privately-held financial trading business dedicated to helping our clients hedge risk from price volatility by developing strategies and recommendations using futures, options, and swaps. We serve grain elevator companies, ethanol and food processors, feed manufacturers, livestock feeders, and merchandisers throughout the United States. JSA principals and commercial brokers bring vital insight to the decision-making process, having held positions of authority in commercial grain businesses where they were responsible for the logistics, procurement and sale of grains of all kinds. They have extensive experience in the international grain trade, as well as ethanol and oilseed processing. Trading commodity futures, options on futures, cash commodities and over-the-counter derivative products involve substantial risk of loss and may not be suitable for all investors. John Stewart and Associates, Inc., does not accept orders to buy or sell by e-mail. The information contained in this message has been obtained from sources believed to be reliable, but is not guaranteed as to its accuracy or completeness. Opinions are solely those of the author, subject to change at any time, and do not constitute a solicitation to buy or sell commodity futures, options, or over-the-counter derivative products. Past performance is not indicative of future results. 2015