| Table 4. Proportion of Advisory Programs in Top-, Middle-, and Bottom Third of the Price Range, Corn, and Soybeans, 1995 - 2004 Crop Years, Commercial Storage Costs | |||||||||
| Proportion of Programs in Price Range | Proportion of Programs in Price Range | ||||||||
| for 24-Month Marketing Window | for 20-Month Marketing Window | ||||||||
| Top | Bottom | Top | Bottom | ||||||
| Number of | Third | Middle | Third | Third | Middle | Third | |||
| Crop Year | Programs | or Above | Third | or Below | or Above | Third | or Below | ||
| ---%--- | ---%--- | ||||||||
| Panel A: Corn | |||||||||
| 1995 | 25 | 20 | 76 | 4 | 8 | 76 | 16 | ||
| 1996 | 26 | 12 | 65 | 23 | 8 | 81 | 12 | ||
| 1997 | 25 | 16 | 40 | 44 | 16 | 52 | 32 | ||
| 1998 | 23 | 0 | 78 | 22 | 22 | 65 | 13 | ||
| 1999 | 26 | 4 | 58 | 38 | 12 | 58 | 31 | ||
| 2000 | 27 | 4 | 85 | 11 | 52 | 37 | 11 | ||
| 2001 | 27 | 7 | 74 | 19 | 11 | 70 | 19 | ||
| 2002 | 27 | 44 | 33 | 22 | 56 | 30 | 15 | ||
| 2003 | 26 | 50 | 27 | 23 | 50 | 31 | 19 | ||
| 2004 | 27 | 11 | 89 | 0 | 19 | 81 | 0 | ||
| 1995-2004 Average | 17 | 63 | 20 | 25 | 58 | 17 | |||
| Panel B: Soybeans | |||||||||
| 1995 | 25 | 36 | 60 | 4 | 16 | 80 | 4 | ||
| 1996 | 24 | 38 | 63 | 0 | 13 | 79 | 8 | ||
| 1997 | 23 | 21 | 58 | 21 | 21 | 75 | 4 | ||
| 1998 | 22 | 0 | 82 | 18 | 27 | 73 | 0 | ||
| 1999 | 25 | 32 | 48 | 20 | 56 | 32 | 12 | ||
| 2000 | 26 | 8 | 62 | 31 | 15 | 73 | 12 | ||
| 2001 | 26 | 4 | 35 | 62 | 12 | 42 | 46 | ||
| 2002 | 26 | 19 | 81 | 0 | 19 | 65 | 15 | ||
| 2003 | 25 | 8 | 88 | 4 | 4 | 92 | 4 | ||
| 2004 | 26 | 8 | 92 | 0 | 8 | 85 | 8 | ||
| 1995-2004 Average | 17 | 67 | 16 | 19 | 69 | 12 | |||
| 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. | |||||||||