Limpopo (Loskop region) – irrigation
| Area | Limpopo: Loskop | ||
|---|---|---|---|
| Crop | Maize | Soybeans | |
| Production system | Irrigation | ||
1. Income |
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| Yield: deterministic | Ton/ha | 12.00 | 4.00 |
| SAFEX simulated price / producer price: 2019 | R/ton | 2 610 | 5 235 |
| Total deductions | R/ton | 335 | 141 |
| – Transport differential | R/ton | 266 | – |
| – Grade differential | R/ton | – | – |
| – Marketing and handling | R/ton | 69 | 141 |
| Price premiums | R/ton | – | – |
| Net farm gate price | R/ton | 2 275 | 5 094 |
| Gross income | R/ha | R27 297 | R20 374 |
2. Variable expenditures |
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| Contracting | R/ha | – | – |
| Crop insurance | R/ha | 1 638 | 937 |
| Fertilizer | R/ha | 6 443 | 2 490 |
| Lime | R/ha | 640 | – |
| Seed | R/ha | 3 585 | 2 015 |
| Fuel | R/ha | 1 143 | 820 |
| Herbicide | R/ha | 817 | 780 |
| Insecticide / Fungicides | R/ha | 456 | 180 |
| Marketing costs | R/ha | – | – |
| Repairs and maintenance | R/ha | 436 | 471 |
| Casual labour | R/ha | 197 | – |
| Aerial spray | R/ha | – | – |
| Irrigation electricity | R/ha | 4 123 | 2 967 |
| Water | R/ha | 970 | 698 |
| Other expenditure: scheduling/irrigation equipment R&M | R/ha | 372 | 394 |
| Total variable expenditure | R/ha | R20 820 | R11 752 |
| Total variable expenditure | R/ton | R1 735 | R2 938 |
| 3.1 Gross margin | R/ha | R6 477 | R8 622 |
| 3.2 Gross margin | R/ton | R540 | R2 155 |
| Break-even yield | T/ha | 9.15 | 2.31 |
| Break-even price | R/ton | R1 735 | R2 938 |
Gross margin per hectare: Limpopo (Loskop area)
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 10.50 | 11.00 | 11.50 | 12.00 | 12.50 | 13.00 | 13.50 |
| R1 875 | -1 135 | -198 | 740 | 1 677 | 2 615 | 3 552 | 4 489 |
| R1 975 | -85 | 902 | 1 890 | 2 877 | 3 865 | 4 852 | 5 839 |
| R2 075 | 965 | 2 002 | 3 040 | 4 077 | 5 115 | 6 152 | 7 189 |
| R2 175 | 2 015 | 3 102 | 4 190 | 5 277 | 6 365 | 7 452 | 8 539 |
| R2 275 | 3 065 | 4 202 | 5 340 | 6 477 | 7 615 | 8 752 | 9 889 |
| R2 375 | 4 115 | 5 302 | 6 490 | 7 677 | 8 865 | 10 052 | 11 239 |
| R2 475 | 5 165 | 6 402 | 7 640 | 8 877 | 10 115 | 11 352 | 12 589 |
| R2 575 | 6 215 | 7 502 | 8 790 | 10 077 | 11 365 | 12 652 | 13 939 |
| R2 675 | 7 265 | 8 602 | 9 940 | 11 277 | 12 615 | 13 952 | 15 289 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 3.25 | 3.50 | 3.75 | 4.00 | 4.25 | 4.50 | 4.75 |
| R4 694 | 3 502 | 4 675 | 5 848 | 7 022 | 8 195 | 9 369 | 10 542 |
| R4 794 | 3 827 | 5 025 | 6 223 | 7 422 | 8 620 | 9 819 | 11 017 |
| R4 894 | 4 152 | 5 375 | 6 598 | 7 822 | 9 045 | 10 269 | 11 492 |
| R4 994 | 4 477 | 5 725 | 6 973 | 8 222 | 9 470 | 10 719 | 11 967 |
| R5 094 | 4 802 | 6 075 | 7 348 | 8 622 | 9 895 | 11 169 | 12 442 |
| R5 194 | 5 127 | 6 425 | 7 723 | 9 022 | 10 320 | 11 619 | 12 917 |
| R5 294 | 5 452 | 6 775 | 8 098 | 9 422 | 10 745 | 12 069 | 13 392 |
| R5 394 | 5 777 | 7 125 | 8 473 | 9 822 | 11 170 | 12 519 | 13 867 |
| R5 494 | 6 102 | 7 475 | 8 848 | 10 222 | 11 595 | 12 969 | 14 342 |
| Yield | Price (R/ton) | ||||||
|---|---|---|---|---|---|---|---|
| R4 794 | R4 894 | R4 994 | R5 094 | R5 194 | R5 294 | R5 394 | |
| 3.00 | -3 849 | -3 549 | -3 249 | -2 949 | -2 649 | -2 349 | -2 049 |
| 3.25 | -2 651 | -2 326 | -2 001 | -1 676 | -1 351 | -1 026 | -701 |
| 3.50 | -1 452 | -1 102 | -752 | -402 | -52 | 298 | 648 |
| 3.75 | -254 | 121 | 496 | 871 | 1 246 | 1 621 | 1 996 |
| 4.00 | 944 | 1 344 | 1 744 | 2 144 | 2 544 | 2 944 | 3 344 |
| 4.25 | 2 143 | 2 568 | 2 993 | 3 418 | 3 843 | 4 268 | 4 693 |
| 4.50 | 3 341 | 3 791 | 4 241 | 4 691 | 5 141 | 5 591 | 6 041 |
| 4.75 | 4 540 | 5 015 | 5 490 | 5 965 | 6 440 | 6 915 | 7 390 |
| 5.00 | 5 738 | 6 238 | 6 738 | 7 238 | 7 738 | 8 238 | 8 738 |
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 – 240:42:48. Soybeans N:P:K – 14:38:45.
- Microelements 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.