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Sorghum

Sorghum Raw material Grains
Production112,400 t p.a.
Exports0 mg
Value per tonne✦197
Revenue✦22.1 m
Value added✦21.6 m
Surplus✦13.4 m
  • Per tonne:
  • Labour ✦29.5 (Sf 1.85)
  • Materials ✦0
  • Capital ✦43.5
  • Energy ✦4
  • Surplus ✦120

Whole chain per tonne: 1 labour hours, 80 kWh.

Formula

A.C. = w0LhSf Labour ✦29.5 Shadow wage w0 ✦16 an hour Γ— Lh 1 hours per tonne Γ— skill factor Sf 1.85 Sf for agriculture: training ✦30,000 against ✦45,000, queue 10 hours against 48 + Ξ£ qiPirΞ»i Materials ✦0 A raw material, with no recipe inputs. + (D + Mo)Ξ±e Capital ✦43.5 Depreciation and maintenance ✦30 per tonne Γ— financing 1.45 Γ— waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy ✦4 E 80 kWh per tonne Γ— pe ✦0.05 per kWh = ✦77

A.V. = rP*world Accounted value ✦197 per tonne World price $110 per tonne plus freight and insurance 19.2% = P* $131 Γ— r 1.5 crowns per US dollar Import parity: the price at the Commonwealth border for a good it could otherwise import. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦197

Revenue = A.V. Γ— Q Accounted revenue ✦22.1 m p.a. Domestic: 112,400 t Γ— ✦197 = ✦22.1 m = ✦22.1 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦13.4 m p.a. Revenue ✦22.1 m βˆ’ cost ✦77 Γ— 112,400 t = ✦13.4 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦13.4 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Output

Final domestic use ✦22.1 m

Made from per tonne

A raw material: no recipe inputs.

Used in p.a.

  • Final domestic use 112,400 t ✦22.1 m 100%