June 28th, 2005


Ag Valley Coop
Board of Directors


Gene Axtell         Danbury
David Brown       Beaver City
Dale Cramer       Cambridge
Brad Farr            Cambridge
Tom Hansen       Wellfleet
Steve Henry        Arapahoe
Bud Lashley       Curtis
Dennis McConville
                             Indianola
Ernie Mehl            North Platte
Stan Moore          Bartley
Bob Unger           Bartley
Darren Warner    Arapahoe
Leon Ehrke         Stamford
Gary Frecks        Cambridge
Todd Hartley       Maywood

The information contained in this letter is taken from sources, which we believe to be reliable, but is not guaranteed by us as to accuracy or completeness and is sent to you for information purposes only.  There is a risk of loss when trading commodity futures and options.  Country Hedging, Inc. bases its recommendations solely on the judgment of Country Hedging, Inc. personnel.

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