1. Commodity Situation and Outlook (Corn, Wheat, Soybeans, and Livestock) National Turkey Federation Westin Hotel, Washington, DC October 24, 2011 http://www.usda.gov/oce/speeches/index.htm

3. World Corn Production October 12, 2011

4. U.S. Corn Supply and Use 2010 Estimate and 2011/12 Forecasts

5. Renewable Fuel Standard Source: Energy Independence and Security Act of 2007.

6. U.S. Ethanol Production Capacity Source: Production capacity from Renewable Fuels Association. RFS from Energy Independence and Security Act of 2007. 2007 2006 2008 2009 2010 2011 2012

7. U.S. Blended Motor Gasoline Consumption Source: DOE-Energy Information Administration, Short-term Energy Outlook (STEO) and Annual Energy Outlook (AEO). 7.6 bil. gal. 5.3 bil. gal.

8. Ethanol Producer Net Returns Above Variable Costs / Spot prices Note: USDA-WAOB estimates based on USDA-AMS plant reports and DOE-EIA estimates and forecasts for natural gas and electricity prices. + 39 cents / gal. (10/14/11)

9. Ethanol and RBOB Nearby Futures Prices Note: Ethanol prices based on CBOT nearby futures. RBOB (Reformulated Gasoline Blend Stock) based on NYME nearby futures. Reformulate Gasoline Blend Stock (RBOB) Ethanol $0.12

10. Ethanol and RBOB Nearby Futures Spreads Note: Ethanol prices based on CBOT nearby futures. RBOB (Reformulated Gasoline Blend Stock) based on NYME nearby futures. 45-cent blender credit (Ethanol – RBOB) Blending incentive (10/13/11) = $0.57

11. World Wheat Production October 12, 2011

12. U.S. Wheat Supply and Demand October 12, 2011

13. World Soybean Production October 12, 2011

14. U.S. Soybeans Supply and Use 2010 Estimate and 2011/12 Forecasts

15. China Soybean Imports Million Tons 56.5 million tons

16. U.S. Soybean Meal Supply and Demand October 12, 2011

17. U.S. Soybean Oil Supply and Demand October 12, 2011

18. Soybean Meal Prices 1995 - 2011 Dollars per ton

19. Soybean Oil Prices 1995 - 2011 Cents per pound

20. U.S. Monthly Biodiesel Production

21. U.S. Domestic Soybean Oil-based Biodiesel Production Margin

22. Biodiesel Price Comparisons

23. Renewable Fuel Mandates (RFS 2 -- Excluding Corn-Based)

24. Soybean/Corn Price Ratio ratio 1.92 2.10

25. Soybean Price (Brazilian Real)

26. September 12, 2011

27. U.S. Meat Production and Prices October 12, 2011

28. U.S. Meat Trade Million Pounds October 12, 2011

29. World Cotton Production October 12, 2011

30. U.S. Cotton Supply and Demand October 12, 2011

31. U.S. Agricultural Exports and the Dollar

32. U.S. Agricultural Trade

33. U.S. Consumer Prices

34. U.S. Consumer Food Prices

35. U.S. Consumer Food Prices January 2008-August 2011

36. U.S. Cash Farm Income

37. Cash Receipts

38. END (Summary Tables Follow )

39. Production Summary October 12, 2011

40. Domestic Demand Summary October 12, 2011

41. U.S. Export Summary October 12, 2011

42. Price Summary October 12, 2011