Are You a Hybrid Yield Hero?

Bauman Agency is pleased to introduce our new Hybrid Yield Hero contest!


We are holding a yield contest for each individual Pioneer corn and soybean product for the 2016 growing season. The winner for each hybrid win a sign that will remain on the Bauman Agency Wall of Fame for the year. They will also win a personalized Bauman Agency jacket and an invitation for two to our Hybrid Hero award dinner!

How to Enter

  1. Download the Entry Form
  2. Fill out the form with information about you, your hybrid, and your operation
  3. Gather production evidence and supporting documentation
  4. Get the completed forms and the documentation to Bauman Agency at 19897 SD Hwy 37, Huron, SD by 4:30pm on November 15th
  5. Wait to find out if you are a Bauman Agency Hybrid Yield Hero!

America Salutes the Farmer

Politics. By now, with a little over a month before the Election Day, we may be tiring of all the political banter surrounding us. We may like one candidate and object to the other, or dislike all of the options. Some may even prefer to bury their heads in the sand and hope it all goes away. With a concern over the election of just who will become the new commander-in-chief, it is more important than ever that our congressional delegations from rural states have backgrounds that support agriculture.

Agriculture and crop insurance are very politically charged issues.   Look how long it took to get the 2014 Farm Bill into action and the attacks waged on crop insurance from different fronts on Capitol Hill. Discussions on the 2018 Farm Bill will begin sooner than we think. Nearly every ag publication we read tells us that, as a whole, the American public doesn’t understand agriculture and that farmers and ranchers need to be better at telling our story.

Although they may not fully understand it, a survey, commissioned by National Crop Insurance Services and conducted by North Star Opinion Research, reveals a positive public perception of agriculture and crop insurance in America. This particular survey was conducted in April of 2016 with 1,000 registered voters interviewed by telephone with live interviewers. Quotas were set for state, gender, race, and age to reflect past voter turnout with a margin of error of +/- 3.1%.

When asked if funding for programs that help farms and farmers is important, more than half feel that it is very important and another third think that it is somewhat important. Only 7% of those surveyed replied that it was not too important or not important at all. This positive response reflects bipartisan support as the consistent results come across the board from Republicans, Independents and Democrats. The survey’s findings also show strong favorable and bipartisan views of farmers as a group (86%).


Discounted crop insurance is supported by a 79% to 17 % margin. Presented with arguments for and against federal crop assistance for farmers, voters still say it is appropriate to help farmers by a two to one margin. 81% of voters agree that a strong farming industry is critical to national security. They also think farmers and taxpayers are better served by insurance delivered by the private sector, rather than the federal government, by a more than 20 point margin (54 to 33%). More than two-thirds of voters agree that farmer’s should share in the cost of the programs that protect them, and that farmers pay too much or the right amount for crop insurance. Similarly voter’s think the amount of loss sustained before payments are made is about right.

These overall positive results were honestly somewhat of a shock to me. On any given day, I don’t have to look very hard to see media that paints the agriculture industry in a negative light. There are numerous blogs, columns, Facebook pages, special interest groups, etc., whose main goal is to discredit the agriculture industry, the safety of our products, and the wellbeing of our livestock. This poll is reassuring to me in that the average American still has a high level of approval for farmers and the programs available to us that help ensure a safe, quality food supply. As the election nears and Farm Bill discussions begin, it is important to remind our congressional leaders of these findings. Voters believe that crop insurance and agriculture programs have a positive impact on America. This gives us something to build upon in this election year and the time leading up to the creation of a new farm bill, whenever it is enacted. The public’s bipartisan support is there and it is up to us to make that support be heard!

Image Credit: Julian Carvajal

If That Don’t Beat All

I used to think that the more years I farmed, the more experienced I became. With that experience, the less shocked I would be at certain scenarios as I should have “seen them all.” Then reality happens and I am reminded that I still have a great deal to learn when trying to discern our volatile markets. Let me shed a little light on how today’s market fiasco affects crop insurance coverage for 2016.

First of all, I have seen more variation in corn crop conditions this season, within just a few miles – sometimes in the same section, than I can remember in any previous year.  I have walked fields that could easily yield over 150 bpa (bushels per acre), while a field across the road will have a hard time achieving 75 bpa. It seems that in one field it paid to till, and a mile down the road it had a negative impact. Typically, our corn yields are significantly higher than soybeans compared to national averages, but this year, with some timely August rains, soybean yields could be well above the historical corn/soybean yield ratio.


This Spring, both corn and soybeans were under price pressure as we set our crop insurance base prices with both crops well below the 2015 price guarantees. Corn experienced a short lived summer rally in late June that left prices well above our spring price, then rapidly retreated to levels that make producers cringe and buyers smile. Soybeans, on the other hand, initiated a rally that, even after softening, is still well above 2015’s levels.

Most market forecasts told producers that it would essentially be impossible to make money raising soybeans this season and for farmers to be sure to use any tools available to minimize their losses. Soybeans could well turn out to be the one crop that turns a profit in 2016 – if we accomplish the current yield estimation and still have our current prices.

Corn producers who had a 120 bu APH (actual production history) and selected a 75% Revenue Protection coverage level for crop insurance coverage were guaranteed 90 bpa or roughly $347 per acre of revenue coverage on their farm. If the current trend in corn prices holds through harvest (about 15% lower than the crop insurance spring projected price), that dollar coverage divided by a lower harvest price makes his new yield coverage 104bpa (about 15% higher than the projected price).

Soybeans on the other hand have experienced a price rally and so revenue coverage will go up to reflect the higher value of harvested soybeans. A producer who has a 36 bu APH with 75% coverage had about $240 /acre coverage. If the current price holds through harvest, his coverage will go up to $273 per acre. Given the outlook for soybean harvest in Beadle County we should be marketing up to our guaranteed bushels at the higher current levels. If market history rings true and my predictions follow the past years’ outcomes, every producer should do the opposite of what I say as the price may skyrocket to $12/bu!

One last thought, if ever we need to have a yield monitor, it is a season like this when we can discover the true winning hybrids and best management practices to use on our farms. Contact us about YIELDSENSE, a yield monitoring system that is available for your combine that will help make the best possible decisions for 2017. Let us help you use the tools you already have to identify what things worked and what didn’t. It is one of the few factors that is truly in our control.

Image Credit: United Soybean Board