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: 2023 | R/ton | 4 442 | 8 836 |
| Total deductions | R/ton | 375 | 266 |
| – Transport differential | R/ton | 299 | 148 |
| – Grade differential | R/ton | 13 | – |
| – Handling and commission | R/ton | 63 | 63 |
| – Seed breeding and technology levy | R/ton | – | 55 |
| Price premiums | R/ton | – | – |
| Net farm gate price | R/ton | 4 068 | 8 570 |
| Gross income | R/ha | R48 815 | R34 279 |
2. Variable expenditures |
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| Contracting | R/ha | 883 | 925 |
| Crop insurance | R/ha | 1 660 | 1 885 |
| Fertilizer | R/ha | 13 806 | 4 986 |
| Lime | R/ha | 719 | – |
| Seed | R/ha | 4 539 | 2 029 |
| Fuel | R/ha | 1 672 | 1 431 |
| Herbicide | R/ha | 1 335 | 650 |
| Insecticide / Fungicides | R/ha | 771 | 390 |
| Marketing costs | R/ha | – | – |
| Repairs and maintenance | R/ha | 699 | 579 |
| Casual labour | R/ha | 530 | – |
| Aerial spray | R/ha | – | – |
| Irrigation electricity | R/ha | 4 450 | 3 203 |
| Water | R/ha | 1 472 | 1 059 |
| Other expenditure: scheduling/irrigation equipment R&M | R/ha | 807 | 613 |
| Total variable expenditure | R/ha | R33 343 | R17 751 |
| Total variable expenditure | R/ton | R2 779 | R4 438 |
| 3.1 Gross margin | R/ha | R15 472 | R16 529 |
| 3.2 Gross margin | R/ton | R1 289 | R4 132 |
| Break-even yield | T/ha | 8.20 | 2.07 |
| Break-even price | R/ton | R2 779 | R4 438 |
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 |
| R3 668 | 5 170 | 7 004 | 8 838 | 10 672 | 12 506 | 14 340 | 16 174 |
| R3 768 | 6 220 | 8 104 | 9 988 | 11 872 | 13 756 | 15 640 | 17 524 |
| R3 868 | 7 270 | 9 204 | 11 138 | 13 072 | 15 006 | 16 940 | 18 874 |
| R3 968 | 8 320 | 10 304 | 12 288 | 14 272 | 16 256 | 18 240 | 20 224 |
| R4 068 | 9 370 | 11 404 | 13 438 | 15 472 | 17 506 | 19 540 | 21 574 |
| R4 168 | 10 420 | 12 504 | 14 588 | 16 672 | 18 756 | 20 840 | 22 924 |
| R4 268 | 11 470 | 13 604 | 15 738 | 17 872 | 20 006 | 22 140 | 24 274 |
| R4 368 | 12 520 | 14 704 | 16 888 | 19 072 | 21 256 | 23 440 | 25 624 |
| R4 468 | 13 570 | 15 804 | 18 038 | 20 272 | 22 506 | 24 740 | 26 974 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 3.25 | 3.50 | 3.75 | 4.00 | 4.25 | 4.50 | 4.75 |
| R8 170 | 8 801 | 10 844 | 12 886 | 14 929 | 16 971 | 19 014 | 21 056 |
| R8 270 | 9 126 | 11 194 | 13 261 | 15 329 | 17 396 | 19 464 | 21 531 |
| R8 370 | 9 451 | 11 544 | 13 636 | 15 729 | 17 821 | 19 914 | 22 006 |
| R8 470 | 9 776 | 11 894 | 14 011 | 16 129 | 18 246 | 20 364 | 22 481 |
| R8 570 | 10 101 | 12 244 | 14 386 | 16 529 | 18 671 | 20 814 | 22 956 |
| R8 670 | 10 426 | 12 594 | 14 761 | 16 929 | 19 096 | 21 264 | 23 431 |
| R8 770 | 10 751 | 12 944 | 15 136 | 17 329 | 19 521 | 21 714 | 23 906 |
| R8 870 | 11 076 | 13 294 | 15 511 | 17 729 | 19 946 | 22 164 | 24 381 |
| R8 970 | 11 401 | 13 644 | 15 886 | 18 129 | 20 371 | 22 614 | 24 856 |
| Yield | Price (R/ton) | ||||||
|---|---|---|---|---|---|---|---|
| R8 270 | R8 370 | R8 470 | R8 570 | R8 670 | R8 770 | R8 870 | |
| 3.00 | -8 413 | -8 113 | -7 813 | -7 513 | -7 213 | -6 913 | -6 613 |
| 3.25 | -6 346 | -6 021 | -5 696 | -5 371 | -5 046 | -4 721 | -4 396 |
| 3.50 | -4 278 | -3 928 | -3 578 | -3 228 | -2 878 | -2 528 | -2 178 |
| 3.75 | -2 211 | -1 836 | -1 461 | -1 086 | -711 | -336 | 39 |
| 4.00 | -143 | 257 | 657 | 1 057 | 1 457 | 1 857 | 2 257 |
| 4.25 | 1 924 | 2 349 | 2 774 | 3 199 | 3 624 | 4 049 | 4 474 |
| 4.50 | 3 992 | 4 442 | 4 892 | 5 342 | 5 792 | 6 242 | 6 692 |
| 4.75 | 6 059 | 6 534 | 7 009 | 7 484 | 7 959 | 8 434 | 8 909 |
| 5.00 | 8 126 | 8 626 | 9 126 | 9 626 | 10 126 | 10 626 | 11 126 |
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.
- 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.