1996 Pricing Performance of Market Advisory Services for Corn and Soybeans

AgMas Project Research Report No. 1998-01

40 Pages Posted: 28 Dec 2000

See all articles by Thomas E. Jackson

Thomas E. Jackson

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

Date Written: January 14, 1998

Abstract

The purpose of this research report is to present an evaluation of advisory service pricing performance in 1996 for corn and soybeans. Specifically, the average price received by a subscriber to an advisory service is calculated for corn and soybean crops harvested in 1996. The average net advisory price across all 26 corn programs is $2.63 per bushel. The range of net advisory prices for corn is quite large, with a minimum of $2.08 per bushel and a maximum of $3.12 per bushel. The average net advisory price across all 24 soybean programs is $7.27 per bushel. As with corn, the range of net advisory prices for soybeans is substantial, with a minimum of $6.80 per bushel and a maximum of $7.80 per bushel.

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

Suggested Citation

Jackson, Thomas E. and Irwin, Scott and Good, Darrel L., 1996 Pricing Performance of Market Advisory Services for Corn and Soybeans (January 14, 1998). AgMas Project Research Report No. 1998-01, Available at SSRN: https://ssrn.com/abstract=244516 or http://dx.doi.org/10.2139/ssrn.244516

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)

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

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