| Table 27. Proportion of Advisory Programs above Benchmarks for Corn, Soybeans and 50/50 Advisory Revenue, 1995 - 2004 Crop Years, Commercial Storage Costs | |||||||
| Proportion of Programs Above | Proportion of Programs Above | ||||||
| Market Benchmark | Farmer Benchmark | ||||||
| Number of | 24-Month | 20-Month | USDA | Market | |||
| Crop Year | Programs | Average | Average | Prices | Prices | ||
| ---%--- | ---%--- | ---%--- | |||||
| Panel A: Corn | |||||||
| 1995 | 25 | 76 | 56 | 56 | 8 | ||
| 1996 | 26 | 38 | 38 | 73 | 88 | ||
| 1997 | 25 | 52 | 64 | 68 | 76 | ||
| 1998 | 23 | 30 | 57 | 91 | 100 | ||
| 1999 | 26 | 54 | 69 | 77 | 85 | ||
| 2000 | 27 | 56 | 74 | 78 | 81 | ||
| 2001 | 27 | 33 | 67 | 67 | 81 | ||
| 2002 | 27 | 56 | 63 | 56 | 63 | ||
| 2003 | 26 | 50 | 50 | 50 | 31 | ||
| 2004 | 27 | 70 | 81 | 78 | 100 | ||
| 1995-2004 Average | 52 | 62 | 69 | 71 | |||
| Panel B: Soybeans | |||||||
| 1995 | 25 | 84 | 72 | 52 | 36 | ||
| 1996 | 24 | 83 | 58 | 71 | 83 | ||
| 1997 | 23 | 57 | 65 | 74 | 91 | ||
| 1998 | 22 | 32 | 77 | 95 | 100 | ||
| 1999 | 25 | 60 | 96 | 88 | 88 | ||
| 2000 | 26 | 42 | 54 | 65 | 88 | ||
| 2001 | 26 | 77 | 92 | 27 | 31 | ||
| 2002 | 26 | 85 | 73 | 15 | 19 | ||
| 2003 | 25 | 64 | 56 | 8 | 0 | ||
| 2004 | 26 | 65 | 62 | 92 | 100 | ||
| 1995-2004 Average | 65 | 71 | 58 | 63 | |||
| Panel C: 50/50 Revenue | |||||||
| 1995 | 25 | 76 | 60 | 56 | 8 | ||
| 1996 | 24 | 67 | 54 | 79 | 83 | ||
| 1997 | 23 | 57 | 70 | 70 | 83 | ||
| 1998 | 22 | 27 | 59 | 100 | 100 | ||
| 1999 | 25 | 52 | 80 | 80 | 84 | ||
| 2000 | 26 | 58 | 69 | 81 | 85 | ||
| 2001 | 26 | 46 | 88 | 38 | 77 | ||
| 2002 | 26 | 77 | 73 | 50 | 50 | ||
| 2003 | 25 | 60 | 48 | 12 | 8 | ||
| 2004 | 26 | 65 | 77 | 81 | 100 | ||
| 1995-2004 Average | 59 | 68 | 64 | 67 | |||
| 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 1995-2004 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 1995-2004. | |||||||