North and West Queensland weather event – February 2019

                                                                                                                                               North and west Queensland have been severely impacted by a monsoonal event across January and February 2019. Record rainfall has led to significant flooding impacting farm infrastructure, paddocks, crops and a large number of livestock deaths.

We have compiled a list of useful support packages and services for Queensland’s primary producers and community members affected by this event.
If you require further information please contact our Customer Service Centre on 13 25 23

Financial support

For primary producers
Activated areas for financial recovery assistance
Flood-damaged producers can apply for Category B and Category C natural disaster assistance to help with their recovery in activated areas. To find out if you are in an activated area, or to apply for assistance visit qrida.qld.gov.au or call 1800 623 946.

https://www.vision6.com.au/ch/10433/2dwf7hb/2408813/dDXduNkEmhewCZX3eJ1ap_9zS1QK_femcS90BIbM.html

Category B assistance
Category B assistance will help affected producers with assistance, including:
• concessional loans of up to $250,000
• essential working capital loans of up to $100,000 at an interest rate of 1.37 per cent
• freight subsidies of up to $5,000. Primary producers wishing to access freight subsidies should visit daf.qld.gov.au or call 13 25 23.
Category C assistance
Under Category C assistance affected primary producers can access grants of up to $75,000 to help clean-up and recover.

https://www.vision6.com.au/ch/10433/2dwf7hb/2408812/dDXduNkEmhewCZX3eJ1afsAfnYiO_xRxlXbcxyrf.html

Individual Disaster Stricken Property (IDSP)
Primary producers who have suffered major damage outside the above declared areas may apply for an Individual Disaster Stricken Property (IDSP) declaration. For further information visit daf.qld.gov.au or call 13 25 23. read more

Daily Sugar Price – 19 February 2019

Tuesday, 19 February 2019

The March 2019 contract settled at: 13.14 US c/lb

The Australian Dollar currently trades at: 71.30 US cents

Forward indicative prices in Australian dollars are:

*$402 for MARCH Contract – 2018 season

*$401 for 2018 season

*For Growers who have chosen to roll 2018-Season
exposure, QSL will gross up their target price to be
inclusive of roll costs incurred (currently $13.91/t)

$421 for 2019 season

$442 for 2020 season

$446 for 2021 season

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