Soybeans and maize 2010/2011 Sojabone en mielies

KwaZulu-Natal (dryland / droëland)

Area / Gebied		Karkloof		Vryheid
Crop / Gewas		Soybeans Sojabone RR	Maize Mielies	Soybeans Sojabone RR	Maize Mielies
Cultivation system / Bewerkingstelsel		No-till / Geen		Minimum
Date SAFEX future price / Datum SAFEX termynkontrakprys		05/2011	07/2011	05/2011	07/2011
Yield / Opbrengs	T/ha	3.00	9.50	2.50	6.00
Nett farm price / Netto plaasprys	R/ton	2 434	747	2 481	880
Safex	R/ton	2 600	1 215	2 600	1 215
Transport differential / Vervoerdifferensiaal	R/ton	0	296	0	216
Other marketing costs / Ander (i)	R/ton	166	172	119	119
Gross income / Bruto inkomste	R/ha	7 303	7 099	6 202	5 279
Variable costs / Veranderlike koste
Pre harvest cost / Vooroeskoste
Seed / Saad (ii)	R/ha	2 161	1 915	963	1 752
Own / Eie	R/ha	0	0	146	0
Purchased / Gekoop	R/ha	2 161	1 915	817	1 752
Fertilizer / Bemesting (iii)	R/ha	980	2 402	761	1 789
Lime / Kalk	R/ha	209	209	209	209
Herbicides / Onkruiddoders	R/ha	465	441	408	674
Pesticides and fungicides / Plaag- en swambeheermiddels	R/ha	356	617	283	498
Casual labour / Los arbeid	R/ha	0	102	68	68
Aero spray (contract) / Lugbespuiting (kontrak)	R/ha	0	0	0	60
Crop insurance / Oesversekering	R/ha	1 300	265	930	158
Mechanisation costs / Meganisasiekoste
Fuel / Brandstof	R/ha	78	108	265	284
Repairs and maintenance / Herstelwerk en onderhoud	R/ha	142	159	232	247
Interest on working capital (iv) / Rente op bedryfskapitaal (iv)	R/ha	339	369	249	341
Harvesting costs / Oeskoste (v)	R/ha	206	202	205	196
Total variable costs / Totaal veranderlike koste	R/ha	6 237	6 789	4 574	6 278
Gross margin / Bruto marge	R/ha	1 066	310	1 628	-999
Labour costs / Gereelde arbeidskoste	R/ha	378	378	378	378
Margin above labour costs / Marge na gereelde arbeidskoste	R/ha	688	-67	1 250	-1 377

Source: group discussion during 2010.
Bron: groepsbesprekings 2010.

• Includes handling fee, commission, transport to silo, hedging and drying costs, if applicable.
  Sluit hanteringsfooi, kommissie, vervoer na silo, verskansings- 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: 11.00%.
  Rente bereken vir gedeelte van produksiejaar. Koers: 11.00%.
• Includes self combine harvesting (fuel and repairs only).
  Eie stroper (slegs brandstof en reparasies).

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Sensitivity analysis / Sensitiwiteitsanalises
KwaZulu-Natal (dryland / droëland)

Karkloof

Yield / Opbrengs (ton/ha)	2.40	2.60	2.80	3.00	3.40
SAFEX price / SAFEX prys (R/ton)	Gross margin per ha (excluding permanent labour) / Bruto marge per ha (gereelde arbeid uitgesluit)
	R/ha
2 200	-1 354	-947	-541	-134	680
2 400	-874	-427	19	466	1 360
2 600	-394	93	579	1 066	2 040
2 800	86	613	1 139	1 666	2 720
3 000	566	1 113	1 699	2 266	3 400

Vryheid

Yield / Opbrengs (ton/ha)	2.10	2.30	2.50	2.70	2.90
SAFEX price / SAFEX prys (R/ton)	Gross margin per ha (excluding permanent labour) / Bruto marge per ha (gereelde arbeid uitgesluit)
	R/ha
2 200	-205	-212	628	1 044	1 460
2 400	215	672	1 128	1 584	2 040
2 600	635	1 132	1 628	2 124	2 620
2 800	1 055	1 592	2 128	2 664	3 200
3 000	1 475	2 052	2 628	3 204	3 780