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| Irwin, Scott H.; Good, Darrel L.; Martines-Filho, Joao Gomes; Batts, Ryan M.. |
| The purpose of this research report is to summarize the pricing performance of professional market advisory services for the 1995-2004 corn and soybean crops. On average, the results show that the frequency of advisory programs pricing in the top-third of the corn price range over 1995-2004 is modest, between 17 and 25%. By far the largest average frequency occurs in the middle third of the corn price range, ranging from 58 to 63%. Price range results for soybeans are similar to the results for corn. Average differences between 50/50 advisory revenue and benchmarks range from 5 to $7 per acre for market benchmarks and 8 to $12 per acre for farmer benchmarks. The average advisory return relative to the farmer benchmarks is about three percent of average... |
| Tipo: Report |
Palavras-chave: Agricultural Finance. |
| Ano: 2006 |
URL: http://purl.umn.edu/37456 |
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| Irwin, Scott H.; Good, Darrel L.; Martines-Filho, Joao Gomes; Batts, Ryan M.. |
| The purpose of this research report is to evaluate the pricing performance of market advisory services for the 1995-2004 corn and soybean crops. Marketing assumptions applied to advisory program track records are intended to accurately depict “real-world” marketing conditions facing a representative central Illinois corn and soybean farmer. Several key assumptions are: i) with a few exceptions, the marketing window for a crop year runs from September before harvest through August after harvest, ii) on-farm or commercial physical storage costs, as well as interest opportunity costs, are charged to post-harvest sales, iii) brokerage costs are subtracted for all futures and options transactions and iv) Commodity Credit Corporation (CCC) marketing loan... |
| Tipo: Report |
Palavras-chave: Agricultural Finance; Financial Economics. |
| Ano: 2006 |
URL: http://purl.umn.edu/37513 |
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