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.