Urgent Notice – Declaration of Fire Ban

URGENT NOTICE – DECLARATION OF FIRE BAN

Anthony Hazell, Regional Manager, Rural Fire Service has issued notification of Local Fire Ban which includes the Burdekin District.

Please ensure that you adhere to conditions applied to the burning of standing sugar cane as well as burning tops and trash within the exemptions applicable in relation to fire ban, refer attachment for full details.

Ban is in place from 0001 hrs Friday 08/11/19 – 2359 hrs Sunday 10/11/19

Les Elphinstone
Manager KCGO

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Daily Sugar Price – 5th November 2019

Tuesday, 5 November 2019

The July 2019 contract settled at: 12.51 US c/lb

The Australian Dollar currently trades at: 68.84 US cents

Forward indicative prices in Australian dollars are:

*$397 for March Contract – 2019 season

$398 for 2019 season

$418 for 2020 season

$437 for 2021 season

$438 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $17.98.)

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Information sourced from QSL.