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: 2021 | R/ton | 2 633 | 5 897 | 5 979 | 11 500 |
| Total deductions | R/ton | 379 | 143 | 359 | 359 |
| – Transport differential | R/ton | 319 | – | 266 | – |
| – Grade differential | R/ton | – | – | – | – |
| – Marketing and handling | R/ton | 60 | 143 | 93 | 359 |
| Price premiums | R/ton | – | – | – | – |
| Net farm gate price | R/ton | 2 254 | 5 754 | 5 620 | 11 141 |
| Gross income | R/ha | R12 396 | R11 508 | R10 115 | R16 711 |
2. Variable expenditures |
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| Contracting | R/ha | – | – | – | 1 235 |
| Crop insurance | R/ha | 372 | 1 151 | 506 | 1 471 |
| Fertilizer | R/ha | 2 486 | 1 458 | 878 | 1 327 |
| Lime | R/ha | 541 | – | – | 460 |
| Seed | R/ha | 1 548 | 1 090 | 708 | 3 551 |
| Fuel | R/ha | 946 | 747 | 715 | 655 |
| Herbicide | R/ha | 888 | 882 | 1 097 | 1 364 |
| Insecticide / Fungicides | R/ha | 562 | 671 | 155 | 1 276 |
| Marketing costs | R/ha | – | – | – | – |
| Repairs and maintenance | R/ha | 836 | 768 | 751 | 727 |
| Casual labour | R/ha | 178 | – | – | 1 834 |
| Aerial spray | R/ha | – | – | – | – |
| Other expenditure | R/ha | – | 302 | – | 125 |
| Total variable expenditure | R/ha | R8 357 | R7 070 | R4 810 | R14 025 |
| Total variable expenditure | R/ton | R1 519 | R3 535 | R2 672 | R9 350 |
| 3.1 Gross margin | R/ha | R4 039 | R4 438 | R5 306 | R2 685 |
| 3.2 Gross margin | R/ton | R734 | R2 219 | R2 948 | R1 790 |
| Break-even yield | T/ha | 3.71 | 1.23 | 0.86 | 1.26 |
| Break-even price | R/ton | R1 519 | R3 535 | R2 672 | R9 350 |
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 854 | -942 | -15 | 912 | 1 839 | 2 766 | 3 693 | 4 619 |
| R1 954 | -542 | 435 | 1 412 | 2 389 | 3 366 | 4 343 | 5 319 |
| R2 054 | -142 | 885 | 1 912 | 2 939 | 3 966 | 4 993 | 6 019 |
| R2 154 | 258 | 1 335 | 2 412 | 3 489 | 4 566 | 5 643 | 6 719 |
| R2 254 | 658 | 1 785 | 2 912 | 4 039 | 5 166 | 6 293 | 7 419 |
| R2 354 | 1 058 | 2 235 | 3 412 | 4 589 | 5 766 | 6 943 | 8 119 |
| R2 454 | 1 458 | 2 685 | 3 912 | 5 139 | 6 366 | 7 593 | 8 819 |
| R2 554 | 1 858 | 3 135 | 4 412 | 5 689 | 6 966 | 8 243 | 9 519 |
| R2 654 | 2 258 | 3 585 | 4 912 | 6 239 | 7 566 | 8 893 | 10 219 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 1.25 | 1.50 | 1.75 | 2.00 | 2.25 | 2.50 | 2.75 |
| R5 354 | -377 | 961 | 2 300 | 3 638 | 4 977 | 6 315 | 7 654 |
| R5 454 | -252 | 1 111 | 2 475 | 3 838 | 5 202 | 6 565 | 7 929 |
| R5 554 | -127 | 1 261 | 2 650 | 4 038 | 5 427 | 6 815 | 8 204 |
| R5 654 | -2 | 1 411 | 2 825 | 4 238 | 5 652 | 7 065 | 8 479 |
| R5 754 | 123 | 1 561 | 3 000 | 4 438 | 5 877 | 7 315 | 8 754 |
| R5 854 | 248 | 1 711 | 3 175 | 4 638 | 6 102 | 7 565 | 9 029 |
| R5 954 | 373 | 1 861 | 3 350 | 4 838 | 6 327 | 7 815 | 9 304 |
| R6 054 | 498 | 2 011 | 3 525 | 5 038 | 6 552 | 8 065 | 9 579 |
| R6 154 | 623 | 2 161 | 3 700 | 5 238 | 6 777 | 8 315 | 9 854 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 1.00 | 1.25 | 1.50 | 1.80 | 2.00 | 2.25 | 2.50 |
| R5 220 | 410 | 1 715 | 3 020 | 4 586 | 5 630 | 6 935 | 8 240 |
| R5 320 | 510 | 1 840 | 3 170 | 4 766 | 5 830 | 7 160 | 8 490 |
| R5 420 | 610 | 1 965 | 3 320 | 4 946 | 6 030 | 7 385 | 8 740 |
| R5 520 | 710 | 2 090 | 3 470 | 5 126 | 6 230 | 7 610 | 8 990 |
| R5 620 | 810 | 2 215 | 3 620 | 5 306 | 6 430 | 7 835 | 9 240 |
| R5 720 | 910 | 2 340 | 3 770 | 5 486 | 6 630 | 8 060 | 9 490 |
| R5 820 | 1 010 | 2 465 | 3 920 | 5 666 | 6 830 | 8 285 | 9 740 |
| R5 920 | 1 110 | 2 590 | 4 070 | 5 846 | 7 030 | 8 510 | 9 990 |
| R6 020 | 1 210 | 2 715 | 4 220 | 6 026 | 7 230 | 8 735 | 10 240 |
| Yield | Price (R/ton) | ||||||
|---|---|---|---|---|---|---|---|
| R5 454 | R5 554 | R5 654 | R5 754 | R5 854 | R5 954 | R6 054 | |
| 1.00 | -5 655 | -5 555 | -5 455 | -5 355 | -5 255 | -5 155 | -5 055 |
| 1.25 | -4 291 | -4 166 | -4 041 | -3 916 | -3 791 | -3 666 | -3 541 |
| 1.50 | -2 928 | -2 778 | -2 628 | -2 478 | -2 328 | -2 178 | -2 028 |
| 1.75 | -1 564 | -1 389 | -1 214 | -1 039 | -864 | -689 | -514 |
| 2.00 | -200 | -0 | 200 | 400 | 600 | 800 | 1 000 |
| 2.25 | 1 163 | 1 388 | 1 613 | 1 838 | 2 063 | 2 288 | 2 513 |
| 2.50 | 2 517 | 2 777 | 3 027 | 3 277 | 3 527 | 3 777 | 4 027 |
| 2.75 | 3 890 | 4 165 | 4 440 | 4 715 | 4 990 | 5 265 | 5 540 |
| 3.00 | 5 254 | 5 554 | 5 854 | 6 154 | 6 454 | 6 754 | 7 054 |
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 – 83:26:13. Soybeans N:P:K – 14:21:28. Sunflower N:P:K – 35:8:8. Dry beans N:P:K – 40:15:20.
- Other macro- and 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.