GSA Annual Report 2025

57 R12 000 R10 000 R8 000 R6 000 R4 000 R2 000 R0 -R2 000 -R4 000 -R6 000 R12 000 R10 000 R8 000 R6 000 R4 000 R2 000 R0 -R2 000 Figure 6.4: Margin comparison for summer grain crops in the Eastern Free State and Eastern Highveld for the 2023/2024 season. Gross margin (R/ha) Gross margin (R/ha) Net margin (R/ha) Net margin (R/ha) Maize (Bt) Sunflower Soybean Maize (RR) Maize (min tillage) Soybean (conventional) Soybean (min tillage) Grain sorghum Maize (irrigation) Eastern Free State (R/ha) Eastern Highveld (R/ha) R5 315 R3 744 R5 226 R3 009 R4 351 -R840 R1 309 R7 148 R4 621 R3 234 R9 808 R1 278 R5 814 R2 588 R1 744 R220 R3 476 R1 926 Figure 6.5 (on page 58) provides a visual summary of the data presented in Tables 6.5 and 6.6. It compares the gross margin (golden bars, representing variable costs only) and the net margin (turquoise bars, representing both variable and fixed costs) across the different crops. Overall, the figure indicates that summer grain production under irrigation in Limpopo and Northern Cape is profitable, except for soybeans. The figure also highlights that sorghum production in Limpopo and maize production in the Northern Cape is more profitable. INCOME AND PRODUCTION COST

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