H & B SPECIALTIES, INC.

2005 Premium Corn Program

PHCF Non-GMO Corn

Premium Over Destination River Cash Price

Product:                                              Premium:                                Delivery:

Agrigold            A6617                         $.16                                         March ‘06

DEKALB         61-50                           $.18                                         June ‘06

Golden Harvest  9249                            $.20                                         July ’06

Lewis                6442                            $.20                                         Jan. – May ‘06

Pioneer              31N27                         $.16                                        Nov. ’05 – June ‘06

Pioneer              34H31                         $.18                                         Aug. ‘06

• EACH HYBRID MUST BE SEGREGATED IN THE FARM BIN!!!!
• If you commingle any of the above Hybrids with the Generic H/E hybrids, the premium will be the Generic H/E premium.

White Corn                              $.30 (Jan.’06 Cash)              Nov. ’05 – Mar. ‘06

White Corn                              $.30 (May ’06 Cash)            Apr. ’06 – June ‘06

Yellow Waxy                           $.25 (Jan.’06 Cash)              Nov. ’05 – Mar. ‘06

         This corn can not be produced on ground that the previous crop was GMO corn!!

Delivery Periods:

·         “Buyers Call” within each delivery month.

Destination:

·         Beardstown, IL

·         East St. Louis, IL area

·         Cincinnati, OH area

Quality Specifications:

·         No. 2 Yellow Corn

·         15% Moisture (max.)

·         58 lbs Test Weight (min.)

·         20 ppb Aflatoxin

·         10% Stress Cracks (max.)

Must Complete “Chemical Usage Declaration Form”!!