Table 12.  Pricing Results for 36 Market Advisory Programs, Corn, 2000-2001 Crop Years, On-Farm Variable Storage Costs
       
2000 2001
Net Net 2000-01
Advisory Advisory Two-Year
Market Advisory Program Price Price Average
---$ per bushel (harvest equivalent)---
Ag Alert for Ontario N/A N/A N/A
Ag Profit by Hjort N/A N/A N/A
Ag Financial Strategies N/A 1.91 N/A
Ag Review 2.14 2.29 2.21
AgLine by Doane (cash only) 2.24 2.04 2.14
AgLine by Doane (hedge) 2.32 2.06 2.19
AgResource 2.90 1.78 2.34
Agri-Edge (cash only) N/A N/A N/A
Agri-Edge (hedge) N/A N/A N/A
Agri-Mark 2.19 N/A N/A
AgriVisor (aggressive cash) 2.28 2.08 2.18
AgriVisor (aggressive hedge) 2.28 2.08 2.18
AgriVisor (basic cash) 2.26 2.06 2.16
AgriVisor (basic hedge) 2.26 2.03 2.14
Allendale (futures & options) 2.03 2.07 2.05
Allendale (futures only) 2.29 2.09 2.19
Brock (cash only) 2.10 2.02 2.06
Brock (hedge) 2.38 2.01 2.20
Cash Grain 2.14 N/A N/A
Co-Mark 2.10 2.12 2.11
Freese-Notis 2.21 1.98 2.09
Grain Field Marketing N/A 2.18 N/A
Grain Field Report N/A N/A N/A
Grain Marketing Plus 1.91 2.12 2.02
Harris Weather/Elliott Advisory N/A N/A N/A
North American Ag N/A N/A N/A
Northstar Commodity N/A 2.05 N/A
Pro Farmer (cash only) 2.06 2.08 2.07
Pro Farmer (hedge) 1.94 1.99 1.96
Progressive Ag 2.20 2.68 2.44
Prosperous Farmer N/A N/A N/A
Risk Management Group (cash only) 2.28 2.15 2.21
Risk Management Group (futures & options) 2.25 2.10 2.18
Risk Management Group (options only) 2.23 2.10 2.17
Stewart-Peterson Advisory Reports 1.90 2.11 2.01
Stewart-Peterson Strictly Cash 2.05 N/A N/A
Top Farmer Intelligence 2.45 2.27 2.36
Utterback Marketing Services 2.39 2.11 2.25
Zwicker Cycle Letter N/A N/A N/A
Descriptive Statistics:
  Average 2.21 2.09 2.16
  Median 2.23 2.08 2.17
  Minimum 1.90 1.78 1.96
  Maximum 2.90 2.68 2.44
  Range 1.00 0.90 0.48
  Standard Deviation 0.20 0.15 0.11
Market Benchmarks
  24-month average 2.15 2.07 2.11
  20-month average 2.09 2.02 2.05
Farmer Benchmark
  USDA average price received 2.06 2.07 2.07
       
Notes:  N/A denotes "not applicable" -- program did not exist or was not evaluated for that marketing year. Net advisory prices and benchmark prices are stated on a harvest equivalent basis. A crop year is a two-year marketing window from September of the year previous to harvest through August of the year after harvest.