Table 4. Descriptive Statistics on the Number of Recommended Transactions for Individual Market Advisory Programs, Corn and Soybeans, 1995-2004 Crop Years
                 
Crop  Number of Corn Transactions Number of Soybean Transactions
Market Advisory Program Years Average Minimum Maximum   Average Minimum Maximum
Ag Alert for Ontario 1995 24 24 24 13 13 13 24 13
Ag Financial Strategies 2001-2004 54 22 90 49 17 98 54 49
Ag Market Professional (cash only) 2004 15 15 15 12 12 12 15 12
Ag Market Professional (hedge) 2004 119 119 119 111 111 111 119 111
Ag Profit by Hjort 1995-1999 7 4 11 11 6 26 7 11
Ag Review 1995-2004 16 9 26 20 12 36 16 20
AgLine by Doane (cash only) 1995-2004 10 6 14 10 7 19 10 10
AgLine by Doane (hedge) 1996-2004 13 7 19 17 11 29 13 17
AgResource 1995-2004 34 12 65 31 6 62 34 31
Agri-Edge (cash only) 1995-2004 7 3 10 7 3 10 7 7
Agri-Edge (hedge) 1995-1997 17 13 20 16 10 25 17 16
Agri-Mark 1995-1997 16 7 28 19 6 37 16 19
AgriVisor (aggressive cash) 1995-2004 10 5 18 11 4 22 10 11
AgriVisor (aggressive hedge) 1995-2004 15 5 34 14 4 27 15 14
AgriVisor (basic cash) 1995-2004 9 5 18 8 4 22 9 8
AgriVisor (basic hedge) 1995-2004 13 5 25 13 4 26 13 13
Allendale (futures & options) 1996-2004 19 8 29 N/A N/A N/A 18 14
Allendale (futures only) 1995-2004 18 8 31 14 5 31 8 7
Brock (cash only) 1995-2004 8 5 9 7 4 11 29 24
Brock (hedge) 1995-2004 29 8 46 24 10 43 6 5
Cash Grain 1999-2000 6 2 10 5 1 9 17 8
Co-Mark 2000-2003 17 5 28 8 1 12 13 16
Freese-Notis 1995-2004 13 6 21 16 7 26 30 32
Grain Field Marketing 2001-2004 30 18 60 32 9 66 35 28
Grain Field Report 1995 35 35 35 28 28 28 16 6
Grain Marketing Plus 2000-2002 16 6 29 6 4 10 10 10
Harris Weather/Elliott Advisory 1995-1996 10 6 14 10 3 16 9 9
North American Ag 1995 9 9 9 9 9 9 17 15
Northstar Commodity 2001-2004 17 13 22 15 7 19 10 13
Pro Farmer (cash only) 1995-2004 10 5 14 13 7 23 20 22
Pro Farmer (hedge) 1995-2004 20 11 32 22 7 41 19 22
Progressive Ag 1996-2004 19 7 46 22 9 36 31 12
Prosperous Farmer 1995 31 31 31 12 12 12 12 9
Risk Management Group (cash only) 1999-2004 12 7 15 9 2 16 26 23
Risk Management Group (futures & options) 1999-2004 26 12 33 23 12 34 31 19
Risk Management Group (options only) 1999-2004 31 12 43 19 12 30 38 40
Stewart-Peterson Advisory Reports 1995-2004 38 19 57 40 10 65 16 16
Stewart-Peterson Strictly Cash 1995-2000 16 5 20 16 3 20 37 37
Top Farmer Intelligence 1995-2004 37 19 52 37 24 56 59 47
Utterback Marketing Services 1997-2004 59 32 94 47 27 91 22 17
Zwicker Cycle Letter 1995-1998 22 12 30 17 6 24
  All Programs 1995-2004 20 2 119   19 1 111   Column 1 Column 2
Column 1 1
Notes: A crop year is a two-year marketing window from September of the year previous to harvest through August of the year after harvest. The transaction count for an advisory program includes all cash, forward, futures, options and marketing loan recommendations for a given crop year.  Entry and exit transactions for futures and options positions are counted separately since positions may be entered and exited in an incremental manner.  N/A denotes "Not Applicable," since the indicated program did not exist or was not evaluated for the given crop year.  Column 2 0.965187316 1