Soybean, maize and sunflower (dryland) 2013/2014 Sojabone, mielies en sonneblom (droëland)

North West Province (NWK area) / Noordwes Provinsie (NWK gebied)

Area / Gebied		Koster Highveld / Hoëveld			Lichtenburg / Ottosdal / Sannieshof / Delareyville
Crop / Gewas		Soybean Sojabone	Maize Mielies	Sunflower Sonneblom	Soybean Sojabone	Maize Mielies	Sunflower Sonneblom
Cultivation system / Bewerkingstelsel		Conventional / Konvensioneel
Date SAFEX future price Datum SAFEX termynkontrakprys		05/2014	07/2014	05/2014	05/2014	07/2014	05/2014
Yield / Opbrengs	T/ha	2.00	3.50	2.00	1.50	3.50	1.50
Nett Farm Price / Netto Plaasprys	R/ton	4 965	1 905	4 803	4 965	1 809	4 680
Safex	R/ton	5 150	2 102	5 130	5 150	2 102	5 130
Transport differential / Vervoerdifferensiaal	R/ton	0	85	101	0	181	224
Other marketing costs / Ander (i)	R/ton	185	112	226	185	112	226
Gross Income / Bruto Inkomste	R/ha	9 929	6 667	9 606	7 447	6 331	7 020
Variable costs / Veranderlike koste
Pre harvest cost / Vooroeskoste
Seed / Saad (ii)	R/ha	899	666	326	899	666	318
Own / Eie	R/ha	199207	0	0	199	0	0
Purchased / Gekoop	R/ha	700	666	326	700	666	318
Fertilizer / Bemesting (iii)	R/ha	961	1 381	1 085	882	1 322	948
Lime / Kalk	R/ha	45	42	42	31	31	31
Herbicides / Onkruiddoders	R/ha	248	340	143	248	340	143
Pesticides and fungicides / Plaag- en swambeheermiddels	R/ha	126	28	0	126	28	0
Casual labour / Los arbeid	R/ha	87	112	0	87	112	0
Aerial spray / Lugbespuiting	R/ha	0	0	0	0	0	0
Crop insurance / Oesversekering	R/ha	894	253	320	521	253	168
Mechanisation costs / Meganisasiekoste
Fuel / Brandstof	R/ha	590	634	526	586	555	527
Repair and maintenance / Herstel en onderhoud	R/ha	408	412	367	408	375	363
Interest on working capital (iv) / Rente op bedryfskapitaal (iv)	R/ha	227	202	148	203	191	134
Harvesting Costs / Oeskoste (v)	R/ha	791	623	473	723	566	486
Total variable costs / Totaal veranderlike koste	R/ha	5 277	4 694	3 429	4 716	4 439	3 119
Gross margin / Bruto marge	R/ha	4 653	1 974	6 177	2 731	1 892	3 901
Regular labour costs / Gereelde arbeidskoste	R/ha	276	276	322	248	276	322
Margin above labour costs / Marge na gereelde arbeidskoste	R/ha	4 377	1 698	5 855	2 484	1 616	3 579
Own seed / Eie saad	R/ha	60%	0%	0%	60%	0%	0%

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

• 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: 9.00%.
  Rente bereken vir gedeelte van produksiejaar. Rentekoers: 9.00%.
• Includes self combine harvesting (fuel and repairs only).
  Eie stroper (slegs brandstof en reparasies).

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Sensitivity analysis / Sensitiwiteitsanalises
North West Province (dryland) / Noordwes Provinsie (droëland)

Koster

Yield / Opbrengs (ton/ha)	1.60	1.80	2.00	2.20	2.40
SAFEX Price / Prys	Gross margin per ha (excluding permanent labour) / Bruto marge per ha (gereelde arbeid uitgesluit)
R/ton	R/ha
4 750	2 027	2 940	3 853	4 765	5 678
4 950	2 347	3 300	4 253	5 205	6 158
5 150	2 667	3 660	4 653	5 645	6 638
5 350	2 987	4 020	5 053	6 085	7 118
5 550	3 307	4 380	5 453	6 525	7 598

Lichtenburg / Ottosdal

Yield / Opbrengs (ton/ha)	1.10	1.30	1.50	1.70	1.90
SAFEX Price / Prys	Gross margin per ha (excluding permanent labour) / Bruto marge per ha (gereelde arbeid uitgesluit)
R/ton	R/ha
4 750	305	1 218	2 131	3 044	3 957
4 950	525	1 478	2 431	3 384	4 337
5 150	745	1 738	2 731	3 724	4 717
5 350	965	1 998	3 031	4 064	5 097
5 550	1 185	2 258	3 331	4 404	5 477