Eastern Free State – dryland
| Crop | Maize | Soybeans | Sunflower | Dry beans | |
|---|---|---|---|---|---|
| Production system | Dryland | ||||
1. Income |
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| Yield: deterministic | Ton/ha | 5.50 | 2.00 | 1.80 | 1.50 |
| SAFEX simulated price / producer price: 2019 | R/ton | 2 494 | 5 250 | 5 174 | 12 500 |
| Total deductions | R/ton | 313 | 62 | 363 | 62 |
| – Transport differential | R/ton | 253 | – | 270 | – |
| – Grade differential | R/ton | – | – | – | – |
| – Marketing and handling | R/ton | 60 | 62 | 93 | 62 |
| Price premiums | R/ton | – | – | – | – |
| Net farm gate price | R/ton | 2 181 | 5 188 | 4 811 | 12 438 |
| Gross income | R/ha | R11 998 | R10 377 | R8 660 | R18 657 |
2. Variable expenditures |
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| Contracting | R/ha | – | – | – | 1 225 |
| Crop insurance | R/ha | 360 | 1 038 | 372 | 750 |
| Fertilizer | R/ha | 3 017 | 1 034 | 1 497 | 1 651 |
| Lime | R/ha | 424 | – | – | 451 |
| Seed | R/ha | 1 388 | 1 035 | 509 | 3 125 |
| Fuel | R/ha | 968 | 661 | 690 | 607 |
| Herbicide | R/ha | 1 027 | 1 051 | 764 | 1 374 |
| Insecticide | R/ha | 95 | 259 | 128 | 1 264 |
| Fungicides | R/ha | 395 | 230 | – | – |
| Marketing costs | R/ha | – | – | – | – |
| Repairs and maintenance | R/ha | 985 | 698 | 807 | 676 |
| Casual labour | R/ha | 200 | – | – | 399 |
| Aerial spray | R/ha | – | – | – | – |
| Other expenditure | R/ha | – | 54 | 135 | 96 |
| Total variable expenditure | R/ha | R8 858 | R6 061 | R4 902 | R11 617 |
| Total variable expenditure | R/ton | R1 611 | R3 031 | R2 723 | R7 745 |
| 3.1 Gross margin | R/ha | R3 140 | R4 315 | R3 758 | R7 040 |
| 3.2 Gross margin | R/ton | R571 | R2 158 | R2 088 | R4 693 |
Gross margin per hectare: Eastern Free State
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 1.25 | 1.50 | 1.75 | 2.00 | 2.25 | 2.50 | 2.75 |
| R4 788 | -76 | 1 121 | 2 318 | 3 515 | 4 713 | 5 910 | 7 107 |
| R4 888 | 49 | 1 271 | 2 493 | 3 715 | 4 938 | 6 160 | 7 382 |
| R4 988 | 174 | 1 421 | 2 668 | 3 915 | 5 163 | 6 410 | 7 657 |
| R5 088 | 299 | 1 571 | 2 843 | 4 115 | 5 388 | 6 660 | 7 932 |
| R5 188 | 424 | 1 721 | 3 018 | 4 315 | 5 613 | 6 910 | 8 207 |
| R5 288 | 549 | 1 871 | 3 193 | 4 515 | 5 838 | 7 160 | 8 482 |
| R5 388 | 674 | 2 021 | 3 368 | 4 715 | 6 063 | 7 410 | 8 757 |
| R5 488 | 799 | 2 171 | 3 543 | 4 915 | 6 288 | 7 660 | 9 032 |
| R5 588 | 924 | 2 321 | 3 718 | 5 115 | 6 513 | 7 910 | 9 307 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 1.00 | 1.25 | 1.50 | 1.80 | 2.00 | 2.25 | 2.50 |
| R4 411 | -491 | 612 | 1 715 | 3 038 | 3 921 | 5 023 | 6 126 |
| R4 511 | -391 | 737 | 1 865 | 3 218 | 4 121 | 5 248 | 6 376 |
| R4 611 | -291 | 862 | 2 015 | 3 398 | 4 321 | 5 473 | 6 626 |
| R4 711 | -191 | 987 | 2 165 | 3 578 | 4 521 | 5 698 | 6 876 |
| R4 811 | -91 | 1 112 | 2 315 | 3 758 | 4 721 | 5 923 | 7 126 |
| R4 911 | 9 | 1 237 | 2 465 | 3 938 | 4 921 | 6 148 | 7 376 |
| R5 011 | 109 | 1 362 | 2 615 | 4 118 | 5 121 | 6 373 | 7 626 |
| R5 111 | 209 | 1 487 | 2 765 | 4 298 | 5 321 | 6 598 | 7 876 |
| R5 211 | 309 | 1 612 | 2 915 | 4 478 | 5 521 | 6 823 | 8 126 |
| Yield | Price (R/ton) | ||||||
|---|---|---|---|---|---|---|---|
| R4 888 | R4 988 | R5 088 | R5 188 | R5 288 | R5 388 | R5 488 | |
| 1.00 | -4 312 | -4 212 | -4 112 | -4 012 | -3 912 | -3 812 | -3 712 |
| 1.25 | -3 090 | -2 965 | -2 840 | -2 715 | -2 590 | -2 465 | -2 340 |
| 1.50 | -1 868 | -1 718 | -1 568 | -1 418 | -1 268 | -1 118 | -968 |
| 1.75 | -646 | -471 | -296 | -121 | 54 | 229 | 404 |
| 2.00 | 576 | 776 | 976 | 1 176 | 1 376 | 1 576 | 1 776 |
| 2.25 | 1 798 | 2 023 | 2 248 | 2 473 | 2 698 | 2 923 | 3 148 |
| 2.50 | 3 020 | 3 270 | 3 520 | 3 770 | 4 020 | 4 270 | 4 520 |
| 2.75 | 4 242 | 4 517 | 4 792 | 5 067 | 5 342 | 5 617 | 5 892 |
| 3.00 | 5 464 | 5 764 | 6 064 | 6 364 | 6 664 | 6 964 | 7 264 |
Notes
- The cost items reflect the input allocation based on the target yield for the respective crops.
- Although some expenditure items are zero, it is reflected in the budgets to allow for individual inclusion.
- The cost of fuel includes pre-harvest and harvesting costs with the assumption that own machinery is used.
- The cost for soybean seed reflects a combination of own and purchased seed.
- There will be large fluctuations for insurance cost (hail) based on the associated risk in respective areas. It is advised that producers adjust this cost based on their individual premiums.
- It is important to note that overhead costs are not included and should be accounted for.