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Table
4. Proportion of Advisory Programs above Benchmarks for Corn, Soybeans and
50/50 Advisory Revenue, 1995 - 2000 Crop Years, Commercial Storage Costs |
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Proportion of Programs Above |
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Proportion of Programs Above |
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Market Benchmark |
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Farmer Benchmark |
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Central Illinois |
Central Illinois |
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USDA Average |
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Number of |
24-Month |
20-Month |
|
Price Received |
|
Crop Year |
Programs |
Average |
Average |
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for Illinois |
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|
|
|
|
---%--- |
|
---%--- |
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Panel A: Corn |
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|
|
|
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|
1995 |
25 |
76 |
56 |
|
56 |
|
1996 |
26 |
38 |
38 |
|
73 |
|
1997 |
25 |
52 |
64 |
|
68 |
|
1998 |
23 |
30 |
52 |
|
91 |
|
1999 |
26 |
54 |
69 |
|
77 |
|
2000 |
27 |
56 |
74 |
|
78 |
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|
|
1995-2000 Average |
152 |
51 |
59 |
|
74 |
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Panel B: Soybeans |
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|
|
|
|
1995 |
25 |
84 |
72 |
|
52 |
|
1996 |
24 |
83 |
58 |
|
71 |
|
1997 |
23 |
57 |
65 |
|
74 |
|
1998 |
22 |
32 |
77 |
|
95 |
|
1999 |
25 |
60 |
96 |
|
88 |
|
2000 |
26 |
46 |
54 |
|
65 |
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1995-2000 Average |
145 |
61 |
70 |
|
74 |
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Panel C: 50/50 Revenue |
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|
1995 |
25 |
76 |
60 |
|
56 |
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1996 |
24 |
67 |
54 |
|
79 |
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1997 |
23 |
57 |
70 |
|
70 |
|
1998 |
22 |
27 |
64 |
|
100 |
|
1999 |
25 |
52 |
80 |
|
80 |
|
2000 |
26 |
58 |
69 |
|
81 |
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|
|
1995-2000 Average |
145 |
57 |
66 |
|
77 |
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Notes: A crop year is
a two-year marketing window from September of the year previous to harvest
through August of the year after harvest. Average proportions for 1995-2000
are computed over the full set of advisory programs. As a result, averages of
individual crop year proportions may not equal the average proportions
reported for 1995-2000. |
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