GLG News Analyses of the following article:

Agricultural, Livestock Futures Mostly Drop

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Published at: www.washingtonpost.com

David Maloni, Principal

David MaloniPrincipalARA Trading Inc. What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Beef Supply Surprise

June 5, 2009

Despite the 4% decline so far in overall beef production, our models suggest that prime and choice beef output are somewhere around 3% higher than a year ago.

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