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: 2021 | R/ton | 2 633 | 5 897 |
| Total deductions | R/ton | 334 | 143 |
| – Transport differential | R/ton | 271 | – |
| – Grade differential | R/ton | – | – |
| – Marketing and handling | R/ton | 63 | 143 |
| Price premiums | R/ton | – | – |
| Net farm gate price | R/ton | 2 299 | 5 754 |
| Gross income | R/ha | R27 585 | R23 017 |
2. Variable expenditures |
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| Contracting | R/ha | 850 | 850 |
| Crop insurance | R/ha | 938 | 1 266 |
| Fertilizer | R/ha | 6 123 | 2 267 |
| Lime | R/ha | 653 | – |
| Seed | R/ha | 3 869 | 1 881 |
| Fuel | R/ha | 1 117 | 644 |
| Herbicide | R/ha | 895 | 1 090 |
| Insecticide / Fungicides | R/ha | 502 | 66 |
| Marketing costs | R/ha | – | – |
| Repairs and maintenance | R/ha | 595 | 521 |
| Casual labour | R/ha | 205 | – |
| Aerial spray | R/ha | – | – |
| Irrigation electricity | R/ha | 4 296 | 3 092 |
| Water | R/ha | 1 011 | 728 |
| Other expenditure: scheduling/irrigation equipment R&M | R/ha | 388 | 411 |
| Total variable expenditure | R/ha | R21 442 | R12 816 |
| Total variable expenditure | R/ton | R1 787 | R3 204 |
| 3.1 Gross margin | R/ha | R6 143 | R10 201 |
| 3.2 Gross margin | R/ton | R512 | R2 550 |
| Break-even yield | T/ha | 9.33 | 2.23 |
| Break-even price | R/ton | R1 787 | R3 204 |
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 |
| R1 899 | -1 505 | -556 | 394 | 1 343 | 2 292 | 3 242 | 4 191 |
| R1 999 | -455 | 544 | 1 544 | 2 543 | 3 542 | 4 542 | 5 541 |
| R2 099 | 595 | 1 644 | 2 694 | 3 743 | 4 792 | 5 842 | 6 891 |
| R2 199 | 1 645 | 2 744 | 3 844 | 4 943 | 6 042 | 7 142 | 8 241 |
| R2 299 | 2 695 | 3 844 | 4 994 | 6 143 | 7 292 | 8 442 | 9 591 |
| R2 399 | 3 745 | 4 944 | 6 144 | 7 343 | 8 542 | 9 742 | 10 941 |
| R2 499 | 4 795 | 6 044 | 7 294 | 8 543 | 9 792 | 11 042 | 12 291 |
| R2 599 | 5 845 | 7 144 | 8 444 | 9 743 | 11 042 | 12 342 | 13 641 |
| R2 699 | 6 895 | 8 244 | 9 594 | 10 943 | 12 292 | 13 642 | 14 991 |
| Yield (t/ha) | |||||||
|---|---|---|---|---|---|---|---|
| Producers price | 3.25 | 3.50 | 3.75 | 4.00 | 4.25 | 4.50 | 4.75 |
| R5 354 | 4 585 | 5 924 | 7 262 | 8 601 | 9 940 | 11 278 | 12 617 |
| R5 454 | 4 910 | 6 274 | 7 637 | 9 001 | 10 365 | 11 728 | 13 092 |
| R5 554 | 5 235 | 6 624 | 8 012 | 9 401 | 10 790 | 12 178 | 13 567 |
| R5 654 | 5 560 | 6 974 | 8 387 | 9 801 | 11 215 | 12 628 | 14 042 |
| R5 754 | 5 885 | 7 324 | 8 762 | 10 201 | 11 640 | 13 078 | 14 517 |
| R6 854 | 6 210 | 7 674 | 9 137 | 10 601 | 12 065 | 13 528 | 14 992 |
| R5 954 | 6 535 | 8 024 | 9 512 | 11 001 | 12 490 | 13 978 | 15 467 |
| R6 054 | 6 860 | 8 374 | 9 887 | 11 401 | 12 915 | 14 428 | 15 942 |
| R6 154 | 7 185 | 8 724 | 10 262 | 11 801 | 13 340 | 14 878 | 16 417 |
| Yield | Price (R/ton) | ||||||
|---|---|---|---|---|---|---|---|
| R5 454 | R5 554 | R5 654 | R5 754 | R5 854 | R5 954 | R6 054 | |
| 3.00 | -2 596 | -2 296 | -1 996 | -1 696 | -1 396 | -1 096 | -796 |
| 3.25 | -1 233 | -908 | -583 | -258 | 67 | 392 | 717 |
| 3.50 | 131 | 481 | 831 | 1 181 | 1 531 | 1 881 | 2 231 |
| 3.75 | 1 494 | 1 869 | 2 244 | 2 619 | 2 994 | 3 369 | 3 744 |
| 4.00 | 2 858 | 3 258 | 3 658 | 4 058 | 4 458 | 4 858 | 5 258 |
| 4.25 | 4 222 | 4 647 | 5 072 | 5 497 | 5 922 | 6 347 | 6 772 |
| 4.50 | 5 585 | 6 035 | 6 485 | 6 935 | 7 385 | 7 835 | 8 285 |
| 4.75 | 6 949 | 7 424 | 7 899 | 8 374 | 8 849 | 9 324 | 9 799 |
| 5.00 | 8 312 | 8 812 | 9 312 | 9 812 | 10 312 | 10 812 | 11 312 |
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.