| Table 41. Predictability of Market Advisory Program Performance Between the 1995-1999 and 2001-2004 Crop Years by Groups, Corn, Soybeans and 50/50 Revenue, Commercial Storage Costs | |||||||||
| Corn | Soybeans | 50/50 Revenue | |||||||
| Average | Average | Average | Average | Average | Average | ||||
| Performance Group | Price | Price | Price | Price | Revenue | Revenue | |||
| in 1995-1998 | 1995-1999 | 2001-2004 | 1995-1999 | 2001-2004 | 1995-1999 | 2001-2004 | |||
| ---$ per bushel (harvest equivalent)--- | ---$ per bushel (harvest equivalent)--- | ---$ per acre (harvest equivalent)--- | |||||||
| Top Third | 2.52 | 2.26 | 6.48 | 5.70 | 327 | 329 | |||
| Middle Third | 2.40 | 2.19 | 6.32 | 5.80 | 317 | 318 | |||
| Bottom Third | 2.33 | 2.11 | 6.15 | 5.66 | 313 | 316 | |||
| Top Third minus Bottom Third | 0.19 | 0.15 | 0.33 | 0.04 | 14 | 11 | |||
| Top Fourth | 2.57 | 2.26 | 6.54 | 5.77 | 331 | 329 | |||
| Second Fourth | 2.41 | 2.19 | 6.33 | 5.71 | 318 | 319 | |||
| Third Fourth | 2.38 | 2.16 | 6.25 | 5.81 | 315 | 322 | |||
| Bottom Fourth | 2.32 | 2.12 | 6.11 | 5.54 | 312 | 313 | |||
| Top Fourth minus Bottom Fourth | 0.26 | 0.14 | 0.44 | 0.23 | 19 | 15 | |||
| Top Two Programs | 2.67 | 2.26 | 6.64 | 5.93 | 340 | 337 | |||
| Bottom Two Programs | 2.30 | 2.16 | 6.07 | 5.34 | 311 | 315 | |||
| Top Two minus Bottom Two | 0.37 | 0.10 | 0.57 | 0.58 | 29 | 22 | |||
| Note: Results are shown only for the 15 advisory programs included in all 10 years of the AgMAS corn and soybean evaluations. The selection strategy consists of sorting the 15 programs by average net advisory price over 1995-1999 and forming groups of programs (thirds, fourths, top two and bottom two). Next, the average net advisory price for each group is computed for 1995-1999. Then, the average net advisory price of the group formed over 1995-1999 is computed for 2001-2004. Since there is only one pair of observations in each case, statistical tests cannot be applied. | |||||||||