Daily Sugar Price

Thursday, 13 December 2018

The March 2019 contract settled at: 12.74 US c/lb

The Australian Dollar currently trades at: 72.20 US cents.

Forward indicative prices in Australian dollars are:

$385 for MARCH Contract – 2018 season

$386 for 2018 season

$403 for 2019 season

$412 for 2020 season

$409 for 2021 season

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.

MEDIA RELEASE – Sugar Code of Conduct Stays

Media Release – The Hon. David Littleproud MP
Sugar Code of Conduct Stays

Minister for Agriculture and Water Resources, David Littleproud
Member for Dawson, George Christensen
Member for Capricornia, Michelle Landry
Member for Flynn, Ken O’Dowd
________________________________________
12 December 2018
• The government has released response to review of the Sugar Code of Conduct.
• The code will be retained to provide certainty for the sugar industry.
• The review included 60 written submissions, in addition to face-to-face meetings.
The Sugar Code of Conduct will be extended a further four years to provide certainty for the Australian sugar industry.
Minister for Agriculture David Littleproud today joined Member for Dawson George Christensen to make the announcement following the extensive review, which included sixty written submissions.
“The code came about to give sugar cane growers, millers and marketers certainty to just get on with the job and I’m happy to say it’s here to stay,” Mr Christensen said.
“Queensland is the powerhouse of the Australian sugar industry and produces 95 per cent of all sugar. If the sugar industry is strong Queensland is strong.
“I want to thank the Queensland LNP for their assistance in protecting the interests of cane growers.”
Minister Littleproud said the government held public consultations across key sugar growing regions in Queensland and Northern NSW.
Minister Littleproud said he brought forward the review, which was due to commence in October 2018, to July this year following the industry’s requests for certainty.
“This now provides certainty,” Mr Littleproud said.
“Public consultations were held in Gordonvale, Innisfail, Ingham, Ayr, Mackay, Bundaberg and Broadwater and with key stakeholders to make sure a range of views were heard.
“I acknowledge the sugar industry’s recent efforts in improving cooperation. I look forward to industry continuing to work together on the recommendation to develop a strategy to address the shared future challenges facing the industry.”
Member for Capricornia Michelle Landry welcomed the move to keep the code in place.
“This will be welcome news in Mackay, where 47 percent of the region is devoted to growing sugar cane, contributing over $460 million to the economy,” Ms Landry said.
Member for Flynn Ken O’Dowd said this was welcome news for one of the key pillars of agriculture across rural and regional Queensland.
“Australia is the third largest sugar exporter in the world and we must remain strong and viable,” Mr O’Dowd said.
Fast Facts:
• The review included sixty written submissions and face to face meetings with key stakeholders.
• The code sets out a strict process for pre-contract arbitration when growers, millers or marketers fail to agree to terms of contracts or agreements with each other.
• The code will be amended to make it clear that pre-contractual arbitration only applies to raw sugar and not to any other products from sugar cane.
• This code is secure and any changes to it in the future will be subject to a disallowance process. Any attempts to repeal it would be subject to parliamentary oversight.
• The provision that allows growers to choose their marketer will remain.
• A further review of the code will be undertaken in four years’ time to assess whether the code is still needed.
• The review will consider recommendations made by the Australian Competition and Consumer Commission (ACCC) in regards to penalties and investigative powers at the next review to determine if further ACCC involvement is needed. read more

Safe Work Guidelines Cane & Trash Blanket Burning

SAFE WORK GUIDELINES CANE & TRASH BLANKET BURNING

KCGO has this year been progressively developing the following guidelines to assist growers/contractors. Delay in its release for the 2018 season has been a result of ongoing discussions with various representatives from Workplace Health and Safety Qld as well as The Rural Fire Service.

Guidelines have now been uploaded to enable members to become familiar with document. These guidelines will be reposted to our web page prior to the commencement of 2019 season.

KCGO would encourage members to utilise guidelines, as having in place a set of documentary procedures would be advantageous in any legal defence should someone be maimed or worse, whilst undertaking this task on your farm and results in action taken for a breach of WH & S legislation.

Les Elphinstone
Manager KCGO

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Daily Sugar Price

Wednesday, 12 December 2018

The March 2019 contract settled at:
12.83 US c/lb

The Australian Dollar currently trades at:
72.06 US cents.

Forward indicative prices in Australian dollars are:

$389 for MARCH Contract – 2018 season

$389 for 2018 season

$406 for 2019 season

$415 for 2020 season

$410 for 2021 season

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.

SRA Regional Adoption Workshop

SRA HOLDING REGIONAL ADOPTION WORKSHOP NEXT WEEK

Members are invited to attend SRA workshop hosted by Anthony Curro, Regional Co-ordinator Burdekin next Tuesday.

This will be grower focused event aimed at explaining

• The adoption strategy at an industry level.
• How the Burdekin fits in and purpose of the RAAC.
• Workshop SRA’s Key Focus Area’s to identify regional gaps.
• Information collated will feed into the ‘Regional Adoption Plan’ for the Burdekin.

This is your chance to have a say and provide input to adoption strategies for the Burdekin region.

I would encourage members to attend.

Les Elphinstone
Manager KCGO

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Daily Sugar Price

Tuesday, 11 December 2018

The March 2019 contract settled at:
12.72 US c/lb

The Australian Dollar currently trades at:
71.90 US cents.

Forward indicative prices in Australian dollars are:                                                                                                                                                                                                                                   $387 for MARCH Contract – 2018 season

$387 for 2018 season

$404 for 2019 season

$414 for 2020 season

$410 for 2021 season

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.