39 Preliminary production cost budgets for the 2025/2026 production season Local and international market trends of crop protection industry Local pricing trends and any availability issues that can be shared DIESEL INDUSTRY Prices 2 300 2 200 2 100 2 000 1 900 1 800 90 80 70 60 Graph 5: International Brent crude oil price and the wholesale price of diesel. Cents per litre $/barrel Wholesale diesel price Crude oil ($/barrel) Apr 2024 Jul 2024 Oct 2024 Jan 2025 Apr 2025 Jul 2025 Oct 2025 Source: Grain SA The maize price index and the diesel price index are shown in Graph 6. Given an expected producer price[3] of R3 400 per ton for maize for the coming season, together with increases in diesel prices, the gap between the two remains. [3] Average producer price = SAFEX, July 2024 price – (average differential cost + handling costs) 3 500 3 000 2 500 2 000 1 500 1 000 500 0 1985/1986 1986/1987 1987/1988 1988/1989 1989/1990 1990/1991 1991/1992 1992/1993 1993/1994 1994/1995 1995/1996 1996/1997 1997/1998 1998/1999 1999/2000 2000/2001 2001/2002 2002/2003 2003/2004 2004/2005 2005/2006 2006/2007 2007/2008 2008/2009 2009/2010 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 2015/2016 2016/2017 2017/2018 2018/2019 2019/2020 2020/2021 2021/2022 2022/2023 2023/2024 2024/2025* Graph 6: Indices of the producer price of maize and the wholesale price of diesel. Index * Preliminary Source: Grain SA Indices: 1985/1986 = 100 Diesel price index Maize price index INPUT OVERVIEW
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