Agriculture
Sunflower profit margins more consistent than maize─── SABRINA DEAN 16:06 Fri, 23 Sep 2016
Lichtenburg - Crop farmers have heard that the profit margins on sunflower have remained much more stable over the last decade than with a crop such as maize.
This was revealed by NWK’s grain manager, Jerry Maritz, during the Agri North West Congress in Lichtenburg earlier this month. He says they looked into data from the last ten years, comparing several variables:
“The calculation we made included all the different variables in one pot – price, variable price, fixed costs.
“The net sum on maize shows that over the last ten years, the profitability of maize went down compared to sunflower. Sunflower remained consistant.”
He says this can be attributed in part to price corrections among soft commodities.
Maritz says where farmers are trying to decide which crop is the best option, the findings show that sunflower is more stable and profitable than maize for producers in North West.
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