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: 2024 | R/ton | 3 766 | 8 109 | 8 332 | 20 493 |
| Total deductions | R/ton | 463 | 407 | 380 | 540 |
| – Transport differential | R/ton | 382 | 284 | 283 | – |
| – Grade differential | R/ton | 18 | – | – | – |
| – Handling and commission | R/ton | 60 | 66 | 97 | 540 |
| – Seed breeding and technology levy | R/ton | – | 58 | – | – |
| Price premiums | R/ton | – | – | – | – |
| Net farm gate price | R/ton | 3 303 | 7 702 | 7 952 | 19 953 |
| Gross income | R/ha | R18 166 | R15 403 | R14 314 | R29 929 |
2. Variable expenditures |
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| Contracting | R/ha | – | – | – | 1 375 |
| Crop insurance | R/ha | 654 | 1 725 | 615 | 2 095 |
| Fertilizer | R/ha | 3 902 | 1 654 | 1 617 | 3 228 |
| Lime | R/ha | 692 | – | – | 589 |
| Seed | R/ha | 2 077 | 1 539 | 909 | 4 839 |
| Fuel | R/ha | 1 521 | 1 201 | 1 150 | 978 |
| Herbicide | R/ha | 1 394 | 1 137 | 1 359 | 1 068 |
| Insecticide / Fungicides | R/ha | 718 | 250 | 287 | 3 313 |
| Marketing costs | R/ha | – | – | – | – |
| Repairs and maintenance | R/ha | 1 143 | 883 | 907 | 736 |
| Casual labour | R/ha | 266 | – | – | 2 200 |
| Aerial spray | R/ha | – | – | – | – |
| Other expenditure | R/ha | – | – | – | 120 |
| Total variable expenditure | R/ha | R12 368 | R8 388 | R6 844 | R20 542 |
| Total variable expenditure | R/ton | R2 249 | R4 194 | R3 802 | R13 694 |
| 3.1 Gross margin | R/ha | R5 798 | R7 015 | R7 470 | R9 388 |
| 3.2 Gross margin | R/ton | R1 054 | R3 507 | R4 150 | R6 259 |
| Break-even yield | T/ha | 3.74 | 1.09 | 0.86 | 1.03 |
| Break-even price | R/ton | R2 249 | R4 194 | R3 802 | R13 694 |
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 |
| R2 903 | -756 | 695 | 2 147 | 3 598 | 5 050 | 6 501 | 7 953 |
| R3 003 | -356 | 1 145 | 2 647 | 4 148 | 5 650 | 7 151 | 8 653 |
| R3 103 | 44 | 1 595 | 3 147 | 4 698 | 6 250 | 7 801 | 9 353 |
| R3 203 | 444 | 2 045 | 3 647 | 5 248 | 6 850 | 8 451 | 10 053 |
| R3 303 | 844 | 2 495 | 4 147 | 5 798 | 7 450 | 9 101 | 10 753 |
| R3 403 | 1 244 | 2 945 | 4 647 | 6 348 | 8 050 | 9 751 | 11 453 |
| R3 503 | 1 644 | 3 395 | 5 147 | 6 898 | 8 650 | 10 401 | 12 153 |
| R3 603 | 2 044 | 3 845 | 5 647 | 7 448 | 9 250 | 11 051 | 12 853 |
| R3 703 | 2 444 | 4 295 | 6 147 | 7 998 | 9 850 | 11 701 | 13 553 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 1.25 | 1.50 | 1.75 | 2.00 | 2.25 | 2.50 | 2.75 |
| R7 302 | 739 | 2 564 | 4 389 | 6 215 | 8 040 | 9 865 | 11 691 |
| R7 402 | 864 | 2 714 | 4 564 | 6 415 | 8 265 | 10 115 | 11 966 |
| R7 502 | 989 | 2 864 | 4 739 | 6 615 | 8 490 | 10 365 | 12 241 |
| R7 602 | 1 114 | 3 014 | 4 914 | 6 815 | 8 715 | 10 615 | 12 516 |
| R7 702 | 1 239 | 3 164 | 5 089 | 7 015 | 8 940 | 10 865 | 12 791 |
| R7 802 | 1 364 | 3 314 | 5 264 | 7 215 | 9 165 | 11 115 | 13 066 |
| R7 902 | 1 489 | 3 464 | 5 439 | 7 415 | 9 390 | 11 365 | 13 341 |
| R8 002 | 1 614 | 3 614 | 5 614 | 7 615 | 9 615 | 11 615 | 13 616 |
| R8 102 | 1 739 | 3 764 | 5 789 | 7 815 | 9 840 | 11 865 | 13 891 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 1.00 | 1.25 | 1.50 | 1.80 | 2.00 | 2.25 | 2.50 |
| R7 552 | 708 | 2 596 | 4 484 | 6 750 | 8 260 | 10 148 | 12 036 |
| R7 652 | 808 | 2 721 | 4 634 | 6 930 | 8 460 | 10 373 | 12 286 |
| R7 752 | 908 | 2 846 | 4 784 | 7 110 | 8 660 | 10 598 | 12 536 |
| R7 852 | 1 008 | 2 971 | 4 934 | 7 290 | 8 860 | 10 823 | 12 786 |
| R7 952 | 1 108 | 3 096 | 5 084 | 7 470 | 9 060 | 11 048 | 13 036 |
| R8 052 | 1 208 | 3 221 | 5 234 | 7 650 | 9 260 | 11 273 | 13 286 |
| R8 152 | 1 308 | 3 346 | 5 384 | 7 830 | 9 460 | 11 498 | 13 536 |
| R8 252 | 1 408 | 3 471 | 5 534 | 8 010 | 9 660 | 11 723 | 13 786 |
| R8 352 | 1 508 | 3 596 | 5 684 | 8 190 | 9 860 | 11 948 | 14 036 |
| Yield | Price (R/ton) | ||||||
|---|---|---|---|---|---|---|---|
| R7 402 | R7 502 | R7 602 | R7 702 | R7 802 | R7 902 | R8 002 | |
| 1.00 | -6 785 | -6 685 | -6 585 | -6 485 | -6 385 | -6 285 | -6 185 |
| 1.25 | -4 935 | -4 810 | -4 685 | -4 560 | -4 435 | -4 310 | -4 185 |
| 1.50 | -3 085 | -2 935 | -2 785 | -2 635 | -2 485 | -2 335 | -2 185 |
| 1.75 | -1 234 | -1 059 | -884 | -709 | -534 | -359 | -184 |
| 2.00 | 616 | 816 | 1 016 | 1 216 | 1 416 | 1 616 | 1 816 |
| 2.25 | 2 467 | 2 692 | 2 917 | 3 142 | 3 367 | 3 592 | 3 817 |
| 2.50 | 4 317 | 4 567 | 4 817 | 5 067 | 5 317 | 5 567 | 5 817 |
| 2.75 | 6 167 | 6 442 | 6 717 | 6 992 | 7 267 | 7 542 | 7 817 |
| 3.00 | 8 018 | 8 318 | 8 618 | 8 918 | 9 218 | 9 518 | 9 818 |
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.
- 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.