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: 2020 | R/ton | 2 610 | 5 235 | 5 258 | 12 000 |
| Total deductions | R/ton | 373 | 141 | 382 | 345 |
| – Transport differential | R/ton | 304 | – | 258 | – |
| – Grade differential | R/ton | – | – | – | – |
| – Marketing and handling | R/ton | 69 | 141 | 124 | 345 |
| Price premiums | R/ton | – | – | – | – |
| Net farm gate price | R/ton | 2 237 | 5 094 | 4 876 | 11 655 |
| Gross income | R/ha | R12 302 | R10 187 | R8 776 | R17 483 |
2. Variable expenditures |
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| Contracting | R/ha | – | – | – | 1 250 |
| Crop insurance | R/ha | 369 | 1 019 | 439 | 1 416 |
| Fertilizer | R/ha | 3 157 | 1 201 | 933 | 1 426 |
| Lime | R/ha | 541 | – | – | 460 |
| Seed | R/ha | 1 434 | 1 159 | 671 | 3 408 |
| Fuel | R/ha | 1 179 | 787 | 840 | 740 |
| Herbicide | R/ha | 1 089 | 900 | 997 | 1 240 |
| Insecticide / Fungicides | R/ha | 511 | 715 | – | – |
| Marketing costs | R/ha | – | – | – | – |
| Repairs and maintenance | R/ha | 917 | 650 | 691 | 581 |
| Casual labour | R/ha | 171 | – | – | 1 760 |
| Aerial spray | R/ha | – | – | – | – |
| Other expenditure | R/ha | – | 83 | – | 120 |
| Total variable expenditure | R/ha | R9 367 | R6 514 | R4 713 | R13 561 |
| Total variable expenditure | R/ton | R1 703 | R3 257 | R2 618 | R9 041 |
| 3.1 Gross margin | R/ha | R2 935 | R3 673 | R4 063 | R3 921 |
| 3.2 Gross margin | R/ton | R534 | R1 836 | R2 257 | R2 614 |
| Break-even yield | T/ha | 4.19 | 1.28 | 0.97 | 1.16 |
| Break-even price | R/ton | R1 703 | R3 257 | R2 618 | R9 041 |
Gross margin per hectare: Eastern Free State
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 4.00 | 4.50 | 5.00 | 5.50 | 6.00 | 6.50 | 7.00 |
| R1 837 | -2 020 | -1 102 | -184 | 735 | 1 653 | 2 572 | 3 490 |
| R1 937 | -1 620 | -652 | 316 | 1 285 | 2 253 | 3 222 | 4 190 |
| R2 037 | -1 220 | -202 | 816 | 1 835 | 2 853 | 3 872 | 4 890 |
| R2 137 | -820 | 248 | 1 316 | 2 385 | 3 453 | 4 522 | 5 590 |
| R2 237 | -420 | 698 | 1 816 | 2 935 | 4 053 | 5 172 | 6 290 |
| R2 337 | -20 | 1 148 | 2 316 | 3 485 | 4 653 | 5 822 | 6 990 |
| R2 437 | 380 | 1 598 | 2 816 | 4 035 | 5 253 | 6 472 | 7 690 |
| R2 537 | 780 | 2 048 | 3 316 | 4 585 | 5 853 | 7 122 | 8 390 |
| R2 637 | 1 180 | 2 498 | 3 816 | 5 135 | 6 453 | 7 772 | 9 090 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 1.25 | 1.50 | 1.75 | 2.00 | 2.25 | 2.50 | 2.75 |
| R4 494 | -647 | 526 | 1 700 | 2 873 | 4 046 | 5 220 | 6 393 |
| R4 794 | -522 | 676 | 1 875 | 3 073 | 4 271 | 5 470 | 6 668 |
| R4 894 | -397 | 826 | 2 050 | 3 273 | 4 496 | 5 720 | 6 943 |
| R4 994 | -272 | 976 | 2 225 | 3 473 | 4 721 | 5 970 | 7 218 |
| R5 094 | -147 | 1 126 | 2 400 | 3 673 | 4 946 | 6 220 | 7 493 |
| R5 194 | -22 | 1 276 | 2 575 | 3 873 | 5 171 | 6 470 | 7 768 |
| R5 294 | 103 | 1 426 | 2 750 | 4 073 | 5 396 | 6 720 | 8 043 |
| R5 394 | 228 | 1 576 | 2 925 | 4 273 | 5 621 | 6 970 | 8 318 |
| R5 494 | 353 | 1 726 | 3 100 | 4 473 | 5 846 | 7 220 | 8 593 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 1.00 | 1.25 | 1.50 | 1.80 | 2.00 | 2.25 | 2.50 |
| R4 476 | -237 | 882 | 2 001 | 3 343 | 4 238 | 5 357 | 6 476 |
| R4 576 | -137 | 1 007 | 2 151 | 3 523 | 4 438 | 5 582 | 6 726 |
| R4 676 | -37 | 1 132 | 2 301 | 3 703 | 4 638 | 5 807 | 6 976 |
| R4 776 | 63 | 1 257 | 2 451 | 3 883 | 4 838 | 6 032 | 7 226 |
| R4 876 | 163 | 1 382 | 2 601 | 4 063 | 5 038 | 6 257 | 7 476 |
| R4 976 | 263 | 1 507 | 2 751 | 4 243 | 5 238 | 6 482 | 7 726 |
| R5 076 | 363 | 1 632 | 2 901 | 4 423 | 5 438 | 6 707 | 7 976 |
| R5 176 | 463 | 1 757 | 3 051 | 4 603 | 5 638 | 6 932 | 8 226 |
| R5 276 | 563 | 1 882 | 3 201 | 4 783 | 5 838 | 7 157 | 8 476 |
| Yield | Price (R/ton) | ||||||
|---|---|---|---|---|---|---|---|
| R4 794 | R4 894 | R4 994 | R5 094 | R5 194 | R5 294 | R5 394 | |
| 1.00 | -4 655 | -4 555 | -4 455 | -4 355 | -4 255 | -4 155 | -4 055 |
| 1.25 | -3 457 | -3 332 | -3 207 | -3 082 | -2 957 | -2 832 | -2 707 |
| 1.50 | -2 259 | -2 109 | -1 959 | -1 809 | -1 659 | -1 509 | -1 359 |
| 1.75 | -1 060 | -885 | -710 | -535 | -360 | -185 | -10 |
| 2.00 | 138 | 338 | 538 | 738 | 938 | 1 138 | 1 338 |
| 2.25 | 1 337 | 1 562 | 1 787 | 2 012 | 2 237 | 2 462 | 2 687 |
| 2.50 | 2 535 | 2 785 | 3 035 | 3 285 | 3 535 | 3 785 | 4 035 |
| 2.75 | 3 733 | 4 008 | 4 283 | 4 558 | 4 833 | 5 108 | 5 383 |
| 3.00 | 4 932 | 5 232 | 5 532 | 5 832 | 6 132 | 6 432 | 6 732 |
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.
- Fertiliser assumptions (kg/ha): Maize N:P:K – 100:32:16. Soybeans N:P:K – 10:15:20. Sunflower N:P:K – 35:8:8. Dry beans N:P:K – 40:15:20.
- Micro-elements such as calcium, magnesium and zinc are included in the fertiliser costs.
- 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.