Table 2. Number of Recommended Transactions for 41 Market Advisory Programs, Corn, 1995-2004 Crop Years
                     
Number of Transactions
Market Advisory Program 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Ag Alert for Ontario N/A 24 N/A N/A N/A N/A N/A N/A N/A N/A
Ag Financial Strategies N/A N/A N/A N/A N/A N/A 42 22 60 90
Ag Market Professional (cash only) N/A N/A N/A N/A N/A N/A N/A N/A N/A 15
Ag Market Professional (hedge) N/A N/A N/A N/A N/A N/A N/A N/A N/A 119
Ag Profit by Hjort 7 7 5 11 4 N/A N/A N/A N/A N/A
Ag Review 18 26 14 9 16 13 13 14 16 24
AgLine by Doane (cash only) 9 8 6 11 10 14 12 7 10 11
AgLine by Doane (hedge) N/A 10 10 19 12 18 12 7 15 13
AgResource 17 24 32 35 12 43 27 27 65 59
Agri-Edge (cash only) 10 9 3 N/A N/A N/A N/A N/A N/A N/A
Agri-Edge (hedge) 17 13 20 N/A N/A N/A N/A N/A N/A N/A
Agri-Mark 24 7 12 15 8 28 N/A N/A N/A N/A
AgriVisor (aggressive cash) 15 12 9 14 18 5 8 6 6 7
AgriVisor (aggressive hedge) 16 18 13 34 22 5 8 6 6 17
AgriVisor (basic cash) 10 10 8 11 18 5 8 6 6 7
AgriVisor (basic hedge) 17 17 12 25 22 5 10 6 6 7
Allendale (futures & options) N/A 22 27 10 13 28 8 20 18 29
Allendale (futures only) 12 22 19 14 13 20 8 25 16 31
Brock (cash only) 8 9 9 9 8 8 8 5 8 9
Brock (hedge) 31 28 38 41 46 11 30 8 27 34
Cash Grain N/A N/A N/A N/A 10 2 N/A N/A N/A N/A
Co-Mark N/A N/A N/A N/A N/A 14 19 28 5 N/A
Freese-Notis 14 12 10 8 17 21 6 19 16 11
Grain Field Marketing N/A N/A N/A N/A N/A N/A 18 60 21 21
Grain Field Report 35 N/A N/A N/A N/A N/A N/A N/A N/A N/A
Grain Marketing Plus N/A N/A N/A N/A N/A 29 14 6 N/A N/A
Harris Weather/Elliott Advisory 6 14 N/A N/A N/A N/A N/A N/A N/A N/A
North American Ag 9 N/A N/A N/A N/A N/A N/A N/A N/A N/A
Northstar Commodity N/A N/A N/A N/A N/A N/A 22 13 17 14
Pro Farmer (cash only) 5 8 7 12 9 9 12 10 14 12
Pro Farmer (hedge) 11 11 18 24 26 26 18 32 14 17
Progressive Ag N/A 19 13 8 7 23 18 14 19 46
Prosperous Farmer 31 N/A N/A N/A N/A N/A N/A N/A N/A N/A
Risk Management Group (cash only) N/A N/A N/A N/A 7 12 15 11 15 14
Risk Management Group (futures & options) N/A N/A N/A N/A 33 33 28 29 21 12
Risk Management Group (options only) N/A N/A N/A N/A 43 35 36 43 12 18
Stewart-Peterson Advisory Reports 29 44 47 57 52 41 26 19 23 42
Stewart-Peterson Strictly Cash 17 20 19 18 16 5 N/A N/A N/A N/A
Top Farmer Intelligence 19 37 35 46 51 31 33 24 37 52
Utterback Marketing Services N/A N/A 32 34 94 65 65 45 68 68
Zwicker Cycle Letter 29 17 12 30 N/A N/A N/A N/A N/A N/A
Descriptive Statistics:
  Average 17 17 17 22 23 20 19 19 21 30
  Median 16 16 13 15 16 18 15 14 16 17
  Minimum 5 7 3 8 4 2 6 5 5 7
  Maximum 35 44 47 57 94 65 65 60 68 119
Total for All Programs 416 448 430 495 587 549 524 512 541 799
Total for All Programs All Crop Years                   5,301
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. The transaction count for an advisory program includes all cash, forward, futures, options and marketing loan recommendations for a given crop year.  Entry and exit transactions for futures and options positions are counted separately since positions may be entered and exited in an incremental manner.  N/A denotes "Not Applicable," since the indicated program did not exist or was not evaluated for the given crop year.