Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
MARKETING STRATEGY 94 94 94 94 95 95 95 95 95 95 95 95 95 95 95 95 96 96 96 96 96 96 96 96
AGGREGATED NON-CASH RECOMMENDATIONS
  Programs Recommending Strategy 1 1 4 5 9 10 13 16 16 17 17 17 16 13 9 7 8 6 4 1 1
  Average Recommendation (%)a 10.0 10.0 22.5 22.0 18.4 13.8 15.9 20.7 16.8 14.7 18.1 15.0 12.4 10.9 12.7 7.6 17.5 -10.6 -3.0 5.5 0.6
  Maximum Recommendation (%) 10.0 10.0 25.0 25.0 50.0 40.0 50.0 60.0 80.0 90.0 100.0 100.0 100.0 75.0 55.0 55.0 55.0 25.0 25.0 5.5 0.6
  Minimum Recommendation (%) 10.0 10.0 20.0 20.0 -33.2 -33.5 -34.3 -34.7 -36.4 -35.9 -41.2 -93.7 -48.3 -49.2 -50.0 -50.0 -50.0 -50.0 -35.0 5.5 0.6
  All Program Average (%) 0.4 0.4 3.6 4.4 6.6 5.5 8.2 13.2 10.7 10.0 12.3 10.2 7.9 5.6 4.6 2.1 5.6 -2.5 -0.5 0.2 0.0
   
CASH FORWARD
  Programs Recommending Strategy 4 4 8 14 14 15 17 17 18 18 18 18 18 18 18 18 18 18 18
  Average Recommendation (%) 15.0 20.0 20.6 24.6 30.4 37.0 35.9 38.5 43.9 55.3 57.5 65.6 65.8 66.1 66.1 66.1 66.1 66.1 66.1
  Maximum Recommendation (%) 25.0 25.0 25.0 35.0 40.0 50.0 50.0 60.0 70.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
  Minimum Recommendation (%) 10.0 15.0 15.0 15.0 15.0 25.0 20.0 25.0 20.0 25.0 25.0 25.0 25.0 25.0 25.0 25.0 25.0 25.0 25.0
  All Program Average (%) 2.4 3.2 6.6 13.8 17.0 22.2 24.4 26.2 31.6 39.8 41.4 47.2 47.4 47.6 47.6 47.6 47.6 47.6 47.6
   
CASH SPOT
  Programs Recommending Strategy 3 4 8 10 11 13 15 23 23 23 23 23
  Average Recommendation (%) 30.0 47.5 41.3 47.0 51.4 63.5 62.3 49.3 51.5 54.1 55.7 57.0
  Maximum Recommendation (%) 50.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
  Minimum Recommendation (%) 20.0 20.0 20.0 20.0 15.0 10.0 5.0 5.0 10.0 10.0 15.0 20.0
  All Program Average (%) 3.6 7.6 13.2 18.8 22.6 33.0 37.4 45.4 47.4 49.8 51.2 52.4
 
AGGREGATE AMOUNT SOLD
  Programs Recommending Strategy 1 1 4 5 9 13 15 19 23 22 24 25 25 24 24 25 25 25 25 25 25 25 25 25
  Average Recommendation (%) 10.0 10.0 22.5 22.0 18.4 15.2 19.1 26.1 26.7 30.7 35.9 34.6 37.7 46.7 60.0 62.3 75.4 77.9 84.5 93.2 95.0 97.4 98.8 100.0
  Maximum Recommendation (%) 10.0 10.0 25.0 25.0 50.0 47.1 59.1 69.4 80.0 90.0 100.0 100.0 100.0 100.0 125.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
  Minimum Recommendation (%) 0.0 0.0 0.0 0.0 -33.2 -33.5 -34.3 -34.7 -21.4 -15.4 -31.3 -93.7 -24.1 -19.2 -20.0 -20.0 -20.0 -20.0 35.0 70.0 65.6 75.0 90.0 100.0
  All Program Average (%) 0.4 0.4 3.6 4.4 6.6 7.9 11.4 19.8 24.5 27.0 34.5 34.6 37.7 44.8 57.6 62.3 75.4 77.9 84.5 93.2 95.0 97.4 98.8 100.0
                                                 
a: Percent Refers to Expected Production Before Harvest and Actual Production After Harvest
Table 15.  Summary Statistics of Aggregate Non-Cash Recommendations, Cash Forward Recommendations,
 Spot Cash Recommendations, and Aggregate Amount Sold Recommendations, Corn, 1995.