Friday, 31 March 2017

The May 2017 contract settled at:

16.81 US c/b

The Australian Dollar currently trades at:

76.41 US cents.

Forward indicative prices in Australian dollars are:

$500 for 2017 season

$502 for 2018 season

$495 for 2019 season

$481 for 2020 season

Proudly brought to you by Kalagro.

On Supply Agreement

Dear Growers

Further to 2017 Marketing Choice communication from Greg Beashel of QLS dated 28/03/2017 posted on our website recently further contact has been made with Greg for clarity around schedules yet to be provided by Wilmar.

The two schedules namely, grower information Wilmar is to provide QSL and that relating to co-mingling sugar at the terminals.  It is critical QSL are provided with these schedules before they can assess whether the draft OSA is acceptable. Greg also mentioned that the Federal Government had released the Productivity Commission Report today. The report recommends that the amendments to the Sugar Industry Act, which provide grower choice, should be repealed as well as recommending that QSL should lose its tax free status, both of which would have serious implications for the sugar industry. 

Link to overview reporthttp://www.pc.gov.au/inquiries/completed/agriculture/report/agriculture-overview.pdf

 

 

Les Elphinstone

Thursday, 30 March 2017

The May 2017 contract settled at:

17.12 US c/b

The Australian Dollar currently trades at:

76.70 US cents.

Forward indicative prices in Australian dollars are:

$505 for 2017 season

$506 for 2018 season

$495 for 2019 season

$477 for 2020 season

Proudly brought to you by Kalagro.

Kalamia Members – Seed Cane Incentive

Offer of an  Incentive for purchasing Clean Seed Cane.

Dear member,

Your directors remain committed that it is in all members interest to seek to maximise the use of clean seed cane in planting to minimise the risk of disease in your crop.

 As a result the Directors have decided that Kalamia Cane Growers Organisation Ltd will again offer members an incentive for 2017 plantings, of a $10 / tonne refund on seed cane bought from our P&K Farm.

To receive this incentive please provide copies of your paid seed cane purchase invoices ( by email, fax, post or in person ) to the Kalamia office and we will promptly process a refund to your nominated account.

 Burdekin Productivity Services has also asked that growers articulate to them your seed plant requirements as soon as practical.

 Plot opening date will be advised in due course.

 Regards,

Les Elphinstone

KCGO Manager / Company Secretary

 

       

Wednesday, 29 March 2017

The May 2017 contract settled at:

17.55 US c/b

The Australian Dollar currently trades at:

76.33 US cents.

Forward indicative prices in Australian dollars are:

$514 for 2017 season

$508 for 2018 season

$494 for 2019 season

$477 for 2020 season

Proudly brought to you by Kalagro.