North West (Lichtenburg) – dryland
| Area | North West: Lichtenburg | ||||
|---|---|---|---|---|---|
| Crop | Maize | Soybeans | Sunflower | Groundnuts | |
| Production system | Dryland | ||||
1. Income |
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| Yield: deterministic | Ton/ha | 4.25 | 1.50 | 1.70 | 1.50 |
| SAFEX simulated price / producer price: 2019 | R/ton | 2 393 | 5 250 | 5 174 | 7 447 |
| Total deductions | R/ton | 260 | 60 | 271 | – |
| – Transport differential | R/ton | 197 | – | 178 | – |
| – Grade differential | R/ton | – | – | – | – |
| – Marketing and handling | R/ton | 63 | 60 | 93 | – |
| Price premiums | R/ton | – | – | – | – |
| Net farm gate price | R/ton | 2 133 | 5 190 | 4 903 | 7 447 |
| Gross income | R/ha | R9 064 | R7 786 | R8 336 | R11 170 |
2. Variable expenditures |
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| Contracting | R/ha | – | – | – | – |
| Crop insurance | R/ha | 154 | 646 | 233 | 246 |
| Fertilizer | R/ha | 2 121 | 1 179 | 1 262 | 701 |
| Lime | R/ha | 325 | – | – | 124 |
| Seed | R/ha | 678 | 621 | 437 | 1 430 |
| Fuel | R/ha | 930 | 728 | 777 | 1 088 |
| Herbicide | R/ha | 1 124 | 665 | 286 | 826 |
| Insecticide | R/ha | 391 | 252 | 24 | 1 452 |
| Fungicides | R/ha | – | – | – | – |
| Marketing costs | R/ha | – | – | – | – |
| Repairs and maintenance | R/ha | 929 | 628 | 732 | 1 185 |
| Casual labour | R/ha | 231 | – | 147 | 750 |
| Aerial spray | R/ha | – | – | – | – |
| Other expenditure | R/ha | – | – | – | 392 |
| Total variable expenditure | R/ha | R6 884 | R4 718 | R3 898 | R8 194 |
| Total variable expenditure | R/ton | R1 620 | R3 146 | R2 293 | R5 463 |
| 3.1 Gross margin | R/ha | R2 181 | R3 067 | R4 437 | R2 975 |
| 3.2 Gross margin | R/ton | R513 | R2 045 | R2 610 | R1 984 |
Gross margin per hectare: North West (Lichtenburg)
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 0.75 | 1.00 | 1.25 | 1.50 | 1.75 | 2.00 | 2.25 |
| R4 790 | -1 126 | 72 | 1 270 | 2 467 | 3 665 | 4 862 | 6 060 |
| R4 890 | -1 051 | 172 | 1 395 | 2 617 | 3 840 | 5 062 | 6 285 |
| R4 990 | -976 | 272 | 1 520 | 2 767 | 4 015 | 5 262 | 6 510 |
| R5 090 | -901 | 372 | 1 645 | 2 917 | 4 190 | 5 462 | 6 735 |
| R5 190 | -826 | 472 | 1 770 | 3 067 | 4 365 | 5 662 | 6 960 |
| R5 290 | -750 | 572 | 1 895 | 3 217 | 4 540 | 5 862 | 7 185 |
| R5 390 | -676 | 672 | 2 020 | 3 367 | 4 715 | 6 062 | 7 410 |
| R5 490 | -601 | 772 | 2 145 | 3 517 | 4 890 | 6 262 | 7 635 |
| R5 590 | -526 | 872 | 2 270 | 3 667 | 5 065 | 6 462 | 7 860 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 1.00 | 1.25 | 1.50 | 1.70 | 2.00 | 2.25 | 2.50 |
| R4 503 | 605 | 1 731 | 2 857 | 3 757 | 5 108 | 6 234 | 7 360 |
| R4 603 | 705 | 1 856 | 3 007 | 3 927 | 5 308 | 6 459 | 7 610 |
| R4 703 | 805 | 1 981 | 3 157 | 4 097 | 5 508 | 6 684 | 7 860 |
| R4 803 | 905 | 2 106 | 3 307 | 4 267 | 5 708 | 6 909 | 8 110 |
| R4 903 | 1 005 | 2 231 | 3 457 | 4 437 | 5 908 | 7 134 | 8 360 |
| R5 003 | 1 105 | 2 356 | 3 607 | 4 607 | 6 108 | 7 359 | 8 610 |
| R5 103 | 1 205 | 2 481 | 3 757 | 4 777 | 6 308 | 7 584 | 8 860 |
| R5 203 | 1 305 | 2 606 | 3 907 | 4 947 | 6 508 | 7 809 | 9 110 |
| R5 303 | 1 405 | 2 731 | 4 057 | 5 117 | 6 708 | 8 034 | 9 360 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 0.75 | 1.00 | 1.25 | 1.50 | 1.75 | 2.00 | 2.25 |
| R7 047 | -2 234 | -248 | 1 739 | 3 725 | 5 712 | 7 699 | 9 685 |
| R7 147 | -2 159 | -148 | 1 864 | 3 875 | 5 887 | 7 899 | 9 910 |
| R7 247 | -2 084 | -48 | 1 989 | 4 025 | 6 062 | 8 099 | 10 135 |
| R7 347 | -2 009 | 52 | 2 114 | 4 175 | 6 237 | 8 299 | 10 360 |
| R7 447 | -1 934 | 152 | 2 239 | 4 325 | 6 412 | 8 499 | 10 585 |
| R7 547 | -1 859 | 252 | 2 364 | 4 475 | 6 587 | 8 699 | 10 810 |
| R7 647 | -1 784 | 352 | 2 489 | 4 625 | 6 762 | 8 899 | 11 035 |
| R7 747 | -1 709 | 452 | 2 614 | 4 775 | 6 937 | 9 099 | 11 260 |
| R7 847 | -1 634 | 552 | 2 739 | 4 925 | 7 112 | 9 299 | 11 485 |
| Yield | Price (R/ton) | ||||||
|---|---|---|---|---|---|---|---|
| R4 890 | R4 990 | R5 090 | R5 190 | R5 290 | R5 390 | R5 490 | |
| 0.50 | -4 454 | -4 404 | -4 354 | -4 304 | -4 254 | -4 204 | -4 154 |
| 0.75 | -3 231 | -3 156 | -3 081 | -3 006 | -2 931 | -2 856 | -2 781 |
| 1.00 | -2 009 | -1 909 | -1 809 | -1 709 | -1 609 | -1 509 | -1 409 |
| 1.25 | -786 | -661 | -536 | -411 | -286 | -161 | -36 |
| 1.50 | 436 | 586 | 736 | 886 | 1 036 | 1 186 | 1 336 |
| 1.75 | 1 659 | 1 834 | 2 009 | 2 184 | 2 359 | 2 534 | 2 709 |
| 2.00 | 2 882 | 3 082 | 3 282 | 3 482 | 3 682 | 3 882 | 4 082 |
| 2.25 | 4 104 | 4 329 | 4 554 | 4 779 | 5 004 | 5 229 | 5 454 |
| 2.50 | 5 327 | 5 577 | 5 827 | 6 077 | 6 327 | 6 577 | 6 827 |
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.