Table 8.  Five-Year Averages and Standard Deviations for 17 Market Advisory Programs, Net Advisory Price and Advisory Revenue, Wheat, 1995-1999 Crop Years
  Price     Advisory Revenue
Standard
Average Deviation Standard
Net of Net Deviation
Advisory Advisory Average of
Market Advisory Program Price Price     Revenue Revenue
---$/bushel--- ---$/acre---
Ag Profit by Hjort 2.84 1.46 140 56
Ag Review 2.94 1.18 145 38
AgLine by Doane (cash only) 3.22 1.03 161 33
AgResource 3.20 1.47 156 55
AgriVisor (aggressive cash) 2.88 0.76 144 18
AgriVisor (aggressive hedge) 3.02 1.00 150 28
AgriVisor (basic cash) 2.79 0.72 141 20
AgriVisor (basic hedge) 2.92 0.90 146 26
Allendale (futures only) 3.04 0.24 159 38
Brock (cash only) 3.23 0.56 165 29
Brock (hedge) 3.31 0.42 171 33
Freese-Notis 3.24 0.85 163 31
Pro Farmer (cash only) 3.13 0.84 157 26
Pro Farmer (hedge) 3.17 0.86 160 30
Stewart-Peterson Advisory Reports 3.05 0.57 155 23
Stewart-Peterson Strictly Cash 3.20 0.56 163 25
Top Farmer Intelligence 2.81 0.52 143 22
Descriptive Statistics:
  Average 3.06 0.82 154 31
  Median 3.05 0.84 156 29
  Minimum 2.79 0.24 140 18
  Maximum 3.31 1.47 171 56
  Range 0.52 1.23 31 37
Market Benchmark 3.27 0.52 167 25
             
Note:  Results are shown only for the 17 advisory programs included in all five years of the AgMAS wheat evaluations. With some exceptions, the marketing period is a two-year window from June of previous year through May of next year.