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1997 Pricing Performance Of Market Advisory Services For Corn And Soybeans

Author

Listed:
  • Jackson, Thomas E.
  • Irwin, Scott H.
  • Good, Darrel L.

Abstract

The purpose of this research report is to present an evaluation of advisory service pricing performance in 1997 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 1997. The average net advisory price across all 23 corn programs is $2.32 per bushel. The net advisory prices for corn range from a minimum of $2.00 per bushel to a maximum of $2.74 per bushel. The average net advisory price across all 21 soybean programs is $6.40 per bushel. The net advisory prices for soybeans range from a minimum of $6.08 per bushel to a maximum of $6.99 per bushel.

Suggested Citation

  • Jackson, Thomas E. & Irwin, Scott H. & Good, Darrel L., 1999. "1997 Pricing Performance Of Market Advisory Services For Corn And Soybeans," AgMAS Project Research Reports 14780, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.
  • Handle: RePEc:ags:uiucrr:14780
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    File URL: http://purl.umn.edu/14780
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    References listed on IDEAS

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    1. R. C. Buse, 1973. "Increasing Response Rates in Mailed Questionnaires," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(3), pages 503-508.
    2. Dawn D. Thilmany, 1996. "FLC Usage Among California Growers under IRCA: An Empirical Analysis of Farm Labor Market Risk Management," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(4), pages 946-960.
    3. Jill E. Hobbs, 1997. "Measuring the Importance of Transaction Costs in Cattle Marketing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1083-1095.
    4. Hayenga, Marvin L., 1998. "Cost Structures of Pork Slaughter and Processing Firms: Behavioral and Performance Implications," Staff General Research Papers Archive 1254, Iowa State University, Department of Economics.
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    Cited by:

    1. Batts, Ryan M. & Irwin, Scott & Good, Darrel, 2009. "The Pricing Performance of Market Advisory Services in Wheat Over 1995-2004," AgMAS Project Research Reports 183426, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.

    More about this item

    Keywords

    evaluation of advisory services; pricing performance; soybeans; C8; D4; D8; L1; M3; Q0; Z0; Marketing;

    JEL classification:

    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • M3 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Z0 - Other Special Topics - - General

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