Soybeans, maize and sunflower 2010/2011 Sojabone, mielies en sonneblom

East Free State – VKB area (dryland) / Oos-Vrystaat – VKB-gebied (droëland)

Area / Gebied		Reitz / Petrus Steyn / Bethlehem / Warden				Frankfort / Vrede
Crop / Gewas		Wheat Koring	Soybeans Sojabone RR	Maize Mielies BT	Sunflower Sonneblom	Wheat Koring	Soybeans Sojabone RR
Cultivation system / Bewerkingstelsel		Conventional / Konvensioneel
Date SAFEX future price / Datum SAFEX termynkontrakprys		12/2011	05/2011	07/2011	05/2011	07/2011	05/2011
Yield / Opbrengs	T/ha	2.50	2.00	4.00	2.25	3.50	1.50
Nett farm price / Netto plaasprys	R/ton	2 072	2 503	990	2 622	1 006	2 536
Safex	R/ton	2 427	2 600	1 215	2 980	1 215	2 600
Transport differential / Vervoerdifferensiaal	R/ton	136	0	144	200	121	0
Other marketing costs / Ander (i)	R/ton	219	97	81	158	88	64
Gross income / Bruto inkomste	R/ha	5 181	5 007	3 962	5 899	3 519	3 803
Variable costs / Veranderlike koste
Pre harvest cost / Vooroeskoste
Seed / Saad (ii)	R/ha	130	398	741	287	741	399
Own / Eie	R/ha	75	167	0	0	0	168
Purchased / Gekoop	R/ha	55	231	741	287	741	231
Fertilizer / Bemesting (iii)	R/ha	1 053	790	1 241	741	1 120	548
Lime / Kalk	R/ha	250	0	250	0	250	0
Herbicides / Onkruiddoders	R/ha	357	649	259	426	259	386
Pesticides and fungicides / Plaag- en swambeheermiddels	R/ha	0	0	0	0	0	0
Casual labour / Los arbeid	R/ha	0	0	0	0	0	0
Aero spray (contract) / Lugbespuiting (kontrak)	R/ha	112	112	0	0	0	112
Crop insurance / Oesversekering	R/ha	601	598	151	437	132	449
Mechanisation costs / Meganisasiekoste
Fuel / Brandstof	R/ha	414	393	339	393	339	327
Repairs and maintenance / Herstelwerk en onderhoud	R/ha	279	299	237	299	237	232
Interest on working capital / Rente op bedryfskapitaal (iv)	R/ha	203	196	212	159	204	152
Harvesting costs / Oeskoste (v)	R/ha	421	251	555	251	555	251
Total variable costs / Totaal veranderlike koste	R/ha	3 821	3 687	3 984	2 993	3 836	2 856
Gross margin / Bruto marge	R/ha	1 360	1 320	-22	2 906	-317	948
Labour costs / Gereelde arbeidskoste	R/ha	289	289	192	289	192	192
Margin above labour costs / Marge na gereelde arbeidskoste	R/ha	1 071	1 031	-215	2 617	-509	756

Source: compiled in cooperation with VKB.
Bron: opgestel in samewerking met VKB.

• Includes handling fee, commission, transport to silo, drying costs, if applicable.
  Sluit hanteringsfooi, kommissie, vervoer na silo en drogingskoste waar van toepassing in.
• Includes cost of innoculants.
  Sluit saadbehandeling in.
• Includes trace elements if applied.
  Sluit spoorelemente in, indien toegedien.
• Interest calculated for part of production year. Interest rate: 11.25%.
  Rente bereken vir gedeelte van produksiejaar. Koers: 11.25%.
• Wheat harvested with contractor. Other crops with own combine harvester (fuel, repairs and contract labour).
  Koring stroop met kontrakteur. Ander gewasse met eie stroper (slegs brandstof, reparasies en kontrak arbeid).

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Sensitivity analysis / Sensitiwiteitsanalises
East Free State (dryland) / Oos-Vrystaat (droëland)

Reitz

Yield / Opbrengs (ton/ha)	1.60	1.80	2.00	2.20	2.40
SAFEX price / SAFEX prys (R/ton)	Gross margin per ha (excluding permanent labour) / Bruto marge per ha (gereelde arbeid uitgesluit)
	R/ha
2 200	-322	99	520	940	1 361
2 400	-2	459	920	1 380	1 841
2 600	318	819	1 320	1 820	2 321
2 800	638	1 179	1 720	2 260	2 801
3 000	958	1 539	2 120	2 700	3 281

Frankfort

Yield / Opbrengs (ton/ha)	1.10	1.30	1.50	1.70	1.90
SAFEX price / SAFEX prys (R/ton)	Gross margin per ha (excluding permanent labour) / Bruto marge per ha (gereelde arbeid uitgesluit)
	R/ha
2 200	-506	-79	348	7 755	1 202
2 400	-286	181	648	1 155	1 582
2 600	-66	441	948	1 455	1 962
2 800	154	700	1 248	1 795	2 342
3 000	374	961	1 548	2 135	2 722