ADECOAGRO S A

Ticker: AGRO CUSIP: L00849106 Class: Common Stock

TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA's Holding History (CIK: 0000315038)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 88,922 Value ($000) $920 Avg Close $8.93 Range $7.41 - $9.92

Q3 2017

Shares 88,922 Value ($000) $960 Avg Close $8.91 Range $8.47 - $9.67

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	88,922	$920	$8.93	$7.41 - $9.92
Q3 2017	88,922	$960	$8.91	$8.47 - $9.67