The 1995 Through 1998 Pricing Performance of Market Advisory Services for Wheat

AgMasReport 2000-02

67 Pages Posted: 30 Oct 2000

See all articles by Mark A. Jirik

Mark A. Jirik

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

Scott H. Irwin

University of Illinois at Urbana-Champaign

Darrel L. Good

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

Thomas E. Jackson

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

Date Written: 6/12/2000

Abstract

The purpose of this research report is to present an evaluation of advisory service pricing performance from 1995 through 1998 for wheat. The average net advisory price across all 24 wheat programs in 1995 is $3.79 per bushel, $0.18 above the market benchmark price. The range in 1995 is $3.01 to $4.71 per bushel. The average net advisory service price for 23 wheat programs in 1996 is $3.82 per bushel, $0.13 below the market benchmark. The range in 1996 is $2.74 to $4.94 per bushel. The average net advisory price for all 20 wheat programs in 1997 is $2.64 per bushel, $0.58 below the market benchmark. The range in 1997 is $1.34 to $3.90 per bushel. Finally, the average net advisory price across all 21 services in 1998 is $2.36 per bushel, $0.54 below the market benchmark. The range in 1998 is $1.34 to $3.33 per bushel.

JEL Classification: C81, D40, D82, G14, Q11, Q12, Q13, Q14

Suggested Citation

Jirik, Mark A. and Irwin, Scott and Good, Darrel L. and Jackson, Thomas E., The 1995 Through 1998 Pricing Performance of Market Advisory Services for Wheat (6/12/2000). AgMasReport 2000-02, Available at SSRN: https://ssrn.com/abstract=244411 or http://dx.doi.org/10.2139/ssrn.244411

Mark A. Jirik

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics ( email )

1301 W. Gregory Drive
Urbana, IL 61801
United States
217 333-3209 (Phone)
217 333-5538 (Fax)

Scott Irwin (Contact Author)

University of Illinois at Urbana-Champaign ( email )

344 Mumford Hall
1301 W. Gregory Dr.
Urbana, IL 61801
United States
217-333-6087 (Phone)

HOME PAGE: http://https://scotthirwin.com/

Darrel L. Good

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics ( email )

1301 W. Gregory Drive
326 Mumford Hall, MC-710
Urbana, IL 61801
United States

Thomas E. Jackson

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics ( email )

1301 W. Gregory Drive
434a Mumford Hall
Urbana, IL 61801
United States
(217) 333-2792 (Phone)
(217) 333-5538 (Fax)

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
37
Abstract Views
1,304
PlumX Metrics