Soybean and maize (dryland) 2012/2013 Sojabone and mielies (droëland)

Mpumalanga

Area / gebied		Piet Retief				Middelburg
Crop / gewas		Soybeans Sojabone RR	Maize Mielies RR	Soybeans Sojabone RR	Maize Mielies RR	Soybeans Sojabone RR	Maize Mielies
Cultivation system / bewerkingstelsel		No-till / geen		Conv. / konv.		Conv. / konv.
Date safex future price / Datum safex termynkontrakprys		05/2013	07/2013	05/2013	07/2013	05/2013	07/2013
Yield / Opbrengs	T/ha	2.50	6.50	2.50	6.50	2.50	5.60
Nett price at silo / Netto siloprys	R/ton	4 988	1 828	4 988	1 828	5 067	1 959
Safex	R/ton	5 200	2 267	5 200	2 267	5 200	2 267
Transport differential / Vervoerdifferensiaal	R/ton	0	258	0	258	0	176
Other marketing costs / Ander (i)	R/ton	212	181	212	181	134	133
Gross income at silo / Bruto inkomste by silo	R/ha	12 470	11 882	12 470	11 882	12 666	10 968
Variable costs / Veranderlike koste
Pre harvest cost / Vooroeskoste
Seed / Saad (ii)	R/ha	666	1 495	666	1 440	803	1 620
Own / Eie	R/ha	331	0	331	0	412	0
Purchased / Gekoop	R/ha	335	1 495	335	1 440	391	1 620
Fertilizer / Bemesting (iii)	R/ha	1 389	2 964	1 389	2 964	1 078	2 653
Lime / Kalk	R/ha	399	399	399	399	67	67
Herbicides / Onkruiddoders	R/ha	366	751	357	308	343	381
Pesticides and fungicides / Plaag- en swambeheer­middels	R/ha	158	0	158	418	18	30
Casual labour / Los arbeid	R/ha	0	0	0	0	0	128
Aero spray (contract) / Lugbespuiting (kontrak)	R/ha	0	0	0	0
Crop insurance / Oesversekering	R/ha	748	154	898	154	922	257
Mechanisation costs / Meganisasiekoste
Fuel / Brandstof	R/ha	205	205	519	417	420	402
Repair and maintenance / Herstel en onderhoud	R/ha	238	238	361	272	317	353
Interest on Working Capital (iv) / Rente op Bedryfskapitaal (iv)	R/ha	221	341	250	331	211	307
Harvesting Costs / Oeskoste (v)	R/ha	247	247	247	247	247	248
Total variable costs / Totaal veranderlike koste	R/ha	4 635	7 212	5 242	6 950	4 426	6 445
Gross margin / Bruto marge	R/ha	7 835	4 670	7 228	4 932	8 240	4 523
Labour costs / Gereelde arbeidskoste	R/ha	267	267	267	279	360	200
Margin above labour costs / Marge na gereelde arbeidskoste	R/ha	7 568	4 403	6 961	4 653	7 880	4 323
Own seed / Eie saad		80%		80%		80%

Source: Group discussions 2012.
Bron: Groepsbesprekings 2012.

• Includes handling fee, commission, transport to silo, hedging and drying cost, 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: 10.00%.
  Rente bereken vir gedeelte van produksiejaar. Rentekoers: 10.00%.
• Includes self combine harvesting (fuel and repairs only).
  Eie stroper (slegs brandstof en reparasies).

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Sensitivity analysis / Sensitiwiteitsanalises

Piet Retief (No-till / geen bewerking)

Yield / Opbrengs (ton/ha)	2.10	2.30	2.50	2.70	2.90
SAFEX Price / Prys	Gross margin per ha (excluding permanent labour) / Bruto marge per ha (gereelde arbeid uitgesluit)
R/ton	R/ha
4 800	5 000	5 917	6 835	7 753	8 670
5 000	5 420	6 377	7 335	8 293	9 250
5 200	5 840	6 837	7 835	8 833	9 830
5 400	6 260	7 297	8 335	9 373	10 410
5 600	6 680	7 757	8 855	9 913	10 990

Piet Retief (Conventional / konvensioneel)

Yield / Opbrengs (ton/ha)	2.10	2.30	2.50	2.70	2.90
SAFEX Price / Prys	Gross margin per ha (excluding permanent labour) / Bruto marge per ha (gereelde arbeid uitgesluit)
R/ton	R/ha
4 800	4 393	5 310	6 628	7 146	8 063
5 000	4 813	5 770	6 728	7 686	8 643
5 200	5 223	6 230	7 228	8 226	9 223
5 400	5 653	7 297	7 728	8 766	9 803
5 600	6 073	7 150	8 228	9 306	10 383

Middelburg

Yield / Opbrengs (ton/ha)	2.10	2.30	2.50	2.70	2.90
SAFEX Price / Prys	Gross margin per ha (excluding permanent labour) / Bruto marge per ha (gereelde arbeid uitgesluit)
R/ton	R/ha
4 800	5 373	6 307	7 240	8 173	9 107
5 000	5 793	6 767	7 740	8 713	9 687
5 200	6 213	7 227	8 240	9 253	10 267
5 400	6 633	7 686	8 740	9 793	10 847
5 600	7 053	8 147	9 240	10 333	11 427