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Assessing the role of credit in structural changes of wine farms to include citrus in the Breedekloof District, Western Cape
Thesis (MAgric) --Stellenbosch University, 2025.
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Stellenbosch : Stellenbosch University
2025
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| _version_ | 1867614037829746688 |
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| access_status_str | Open Access |
| author | Appel, Marco |
| author2 | Hoffmann, Willem |
| author_browse | Appel, Marco Hoffmann, Willem |
| author_facet | Hoffmann, Willem Appel, Marco |
| author_sort | Appel, Marco |
| collection | Thesis |
| dc_rights_str_mv | Stellenbosch University |
| description |
Thesis (MAgric) --Stellenbosch University, 2025. |
| format | Thesis |
| id | oai:scholar.sun.ac.za:10019.1/132045 |
| institution | Stellenbosch University (South Africa) |
| last_indexed | 2026-06-10T12:45:40.774Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | Stellenbosch : Stellenbosch University |
| publisherStr | Stellenbosch : Stellenbosch University |
| record_format | dspace |
| source_str | SUNScholar — Stellenbosch University Repository |
| spelling | oai:scholar.sun.ac.za:10019.1/132045 Assessing the role of credit in structural changes of wine farms to include citrus in the Breedekloof District, Western Cape Appel, Marco Hoffmann, Willem van der Merwe, Melissa Stellenbosch University. Faculty of AgriSciences. Dept. of Agricultural Economics. Agricultural credit -- Western Cape (South Africa) Farm Management -- Western Cape (South Africa) Agricultural diversification -- Western Cape (South Africa) Viticulture -- Western Cape (South Africa) UCTD Thesis (MAgric) --Stellenbosch University, 2025. Appel, M. 2025. Assessing the Role of Credit in Structural Changes of Wine Farms to Include Citrus in the Breedekloof District, Western Cape. Unpublished masters thesis. Stellenbosch: Stellenbosch Univeristy [online]. Available: https://scholar.sun.ac.za/items/c17d3c34-d85e-4bbc-97a7-931cd4a6a718 ENGLISH SUMMARY: The South African wine industry plays an integral role in the country’s economy in terms of job creation, earnings in foreign exchange, and contribution to GDP. Over the last few years, wine-grape producers faced numerous obstacles, preventing them to expand and/or farm profitably. This prompted wine-grape farmers to explore alternative sources of income by including other valuable crops on the farm. The main aim of this study is to evaluate the possible financial implication of structural changes on wine farms in the Breedekloof district as well as the impact of the financing thereof. To address the primary objective, three specific goals were set: (1) assessing the current profitability of wine production in the Breedekloof area; (2) identifying and contextualising the considerations of implementing alternative strategies aimed at improving profitability; and (3) evaluating the expected implication on whole-farm profitability if strategy implementation is dependent on internal finance. Through the application of systems thinking, a multi-year whole-farm capital budget was developed. A farm system consists of various interrelated components and is therefore considered complex. This makes it difficult to fully understand the system. A simulation model can incorporate the interaction between the various components that make up the farming systems. A model is an illustration of a real-world system that simulates the economic, biological, and physical elements of agriculture and investigates the links between its many components. Since the main goal of this research is to evaluate the financial impact and financing of structural changes when introducing citrus on a wine farm in the Breedekloof district, a budget model will be sufficient since the main goal of this research is to evaluate the financial impact and financing of structural changes when introducing citrus on a wine farm in the Breedekloof district. The model shows that wine-grape farmers can benefit financially from this process. Financing a rapid change is expectedly more profitable than a gradual change funded through the farmer’s private capital. The highest expected yield in terms of NPV and IRR, appears to be a structural adjustment where vineyards are replaced with citrus orchards. AFRIKAANSE OPSOMMING: Geen opsomming beskikbaar. Masters 2025-05-21T06:10:22Z 2025-05-21T06:10:22Z 2025-03 Thesis https://scholar.sun.ac.za/handle/10019.1/132045 Stellenbosch University 128 pages : illustrations, includes annexures application/pdf Stellenbosch : Stellenbosch University |
| spellingShingle | Agricultural credit -- Western Cape (South Africa) Farm Management -- Western Cape (South Africa) Agricultural diversification -- Western Cape (South Africa) Viticulture -- Western Cape (South Africa) UCTD Appel, Marco Assessing the role of credit in structural changes of wine farms to include citrus in the Breedekloof District, Western Cape |
| title | Assessing the role of credit in structural changes of wine farms to include citrus in the Breedekloof District, Western Cape |
| title_full | Assessing the role of credit in structural changes of wine farms to include citrus in the Breedekloof District, Western Cape |
| title_fullStr | Assessing the role of credit in structural changes of wine farms to include citrus in the Breedekloof District, Western Cape |
| title_full_unstemmed | Assessing the role of credit in structural changes of wine farms to include citrus in the Breedekloof District, Western Cape |
| title_short | Assessing the role of credit in structural changes of wine farms to include citrus in the Breedekloof District, Western Cape |
| title_sort | assessing the role of credit in structural changes of wine farms to include citrus in the breedekloof district western cape |
| topic | Agricultural credit -- Western Cape (South Africa) Farm Management -- Western Cape (South Africa) Agricultural diversification -- Western Cape (South Africa) Viticulture -- Western Cape (South Africa) UCTD |
| url | https://scholar.sun.ac.za/handle/10019.1/132045 |
| work_keys_str_mv | AT appelmarco assessingtheroleofcreditinstructuralchangesofwinefarmstoincludecitrusinthebreedekloofdistrictwesterncape |