2025/2026 ICB: Irrigation summer crops sy Loskop in Limpopo

2025/2026 SUMMER CROPS  //  Income and Cost Budgets

Limpopo (Loskop region) – irrigation

Income and cost budgets for maize and soybeans for Limpopo (Loskop)
Area Limpopo: Loskop
Crop Maize Soybeans
Production system Irrigation

1. Income

Yield: deterministic Ton/ha 12.00 4.00
SAFEX simulated price / producer price: 2026 R/ton 3 326 7 085
Total deductions R/ton 426 136
– Transport differential R/ton 346
– Grade differential R/ton 14
– Handling and commission R/ton 66 66
– Seed breeding and technology levy R/ton 70
Price premiums R/ton
Net farm gate price R/ton 2 901 6 949
Gross income R/ha R34 810 R27 798

2. Variable expenditures

Contracting R/ha 1 100 1 250
Crop insurance R/ha 1 184 1 529
Fertilizer R/ha 10 035 3 574
Lime R/ha 360
Seed R/ha 6 238 2 718
Fuel R/ha 1 676 1 434
Herbicide R/ha 1 247 1 130
Insecticide / Fungicides R/ha 1 623 1 444
Marketing costs R/ha
Repairs and maintenance R/ha 1 072 1 099
Casual labour R/ha 773
Aerial spray R/ha
Irrigation electricity R/ha 6 692 4 816
Water R/ha 1 658 1 193
Other expenditure: scheduling/irrigation equipment R&M R/ha 1 340 998
Total variable expenditure R/ha R34 996 R21 187
Total variable expenditure R/ton R2 916 R5 297
3.1 Gross margin R/ha -R186 R6 611
3.2 Gross margin R/ton -R15 R1 653
Break-even yield T/ha 12.06 3.05
Break-even price R/ton R2 916 R5 297
Source: BFAP, GSA and individual farmers – 2025.
Gross margin comparison – baseline: Limpopo (Loskop region)
Figure 3.4: Gross margin comparison – Baseline: Limpopo (Loskop) irrigation

Gross margin per hectare: Limpopo (Loskop area)

Maize sensitivity analysis
Yield (t/ha)
Producers price 10.50 11.00 11.50 12.00 12.50 13.00 13.50
R2 501 -8 737 -7 487 -6 236 -4 986 -3 735 -2 485 -1 235
R2 601 -7 687 -6 387 -5 086 -3 786 -2 485 -1 185 115
R2 701 -6 637 -5 287 -3 936 -2 586 -1 235 115 1 465
R2 801 -5 587 -4 187 -2 786 -1 386 15 1 415 2 815
R2 901 -4 537 -3 087 -1 636 -186 1 265 2 715 4 165
R3 001 -3 487 -1 987 -486 1 014 2 515 4 015 5 515
R3 101 -2 437 -887 664 2 214 3 765 5 315 6 865
R3 201 -1 387 213 1 814 3 414 5 015 6 615 8 215
R3 301 -337 1 313 2 964 4 614 6 265 7 915 9 565
Soybeans sensitivity analysis
Yield (t/ha)
Producers price 3.25 3.50 3.75 4.00 4.25 4.50 4.75
R6 549 99 1 736 3 374 5 011 6 649 8 286 9 923
R6 649 424 2 086 3 749 5 411 7 074 8 736 10 398
R6 749 749 2 436 4 124 5 811 7 499 9 186 10 873
R6 849 1 074 2 786 4 499 6 211 7 924 9 636 11 348
R6 949 1 399 3 136 4 874 6 611 8 349 10 086 11 823
R7 049 1 724 3 486 5 249 7 011 8 774 10 536 12 298
R7 149 2 049 3 836 5 624 7 411 9 199 10 986 12 773
R7 249 2 374 4 186 5 999 7 811 9 624 11 436 13 248
R7 349 2 699 4 536 6 374 8 211 10 049 11 886 13 723
Soybeans margin above/below maize
Yield Price (R/ton)
R6 649 R6 749 R6 849 R6 949 R7 049 R7 149 R7 249
3.00 -1 052 -752 -452 -152 148 448 748
3.25 610 935 1 260 1 585 1 910 2 235 2 560
3.50 2 272 2 622 2 972 3 322 3 672 4 022 4 372
3.75 3 935 4 310 4 685 5 060 5 435 5 810 6 185
4.00 5 597 5 997 6 397 6 797 7 197 7 597 7 997
4.25 7 259 7 684 8 109 8 534 8 959 9 384 9 809
4.50 8 922 9 372 9 822 10 272 10 722 11 172 11 622
4.75 10 584 11 059 11 534 12 009 12 484 12 959 13 434
5.00 12 247 12 747 13 247 13 747 14 247 14 747 15 247

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.
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