Month: February 2020

Daily Sugar Price

Kalagro

Friday, 7 February 2020

The March 2020 contract settled at: 14.74 US c/lb
The Australian Dollar currently trades at: 67.30 US cents

Forward indicative prices in Australian dollars are:

*$480 for March Contract – 2019 season

$478 for 2019 season

$470 for 2020 season

$448 for 2021 season

$436 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.)

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

Daily Sugar Price – 06 February 2020

Kalagro

Thursday, 6 February 2020

The March 2020 contract settled at: 14.73 US c/lb
The Australian Dollar currently trades at: 67.46 US cents

Forward indicative prices in Australian dollars are:

*$477 for March Contract – 2019 season

$478 for 2019 season

$468 for 2020 season

$449 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.)

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

Daily Sugar Price – 05 February 2020

Kalagro

Wednesday, 5 February 2020

The March 2020 contract settled at: 14.71 US c/lb
The Australian Dollar currently trades at: 67.39 US cents

Forward indicative prices in Australian dollars are:

*$477 for March Contract – 2019 season

$478 for 2019 season

$467 for 2020 season

$449 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.)

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

Burdekin Region Significant Weather Event – 27/28th January 2020

Kalagro

BURDEKIN REGION SIGNIFICANT WEATHER EVENT – 27TH/28TH JANUARY 2020

Burdekin region suffered a significant wet weather event early last week with areas experiencing substantial rainfall within a period of approx. 12 hours ranging from 400-500mm causing water inundation to properties. Indications are that damage from this most recent event is worse than the monsoonal event experienced this time last year.

Members have sought clarification in relation to whether any financial assistance is currently available to assist in this event damage recovery. KCGO board is intending to make representation via local State and Federal members for government funding to assist in the recovery effort. In order to provide a summary of impact on KCGO membership would appreciate if growers could provide a brief description of damage sustained and best guesstimate as to costs to undertake rectification works. KCGO will then provide a summary of examples of damage and combined cost to assist in our local members efforts in making representation to state/federal government (no individual grower/farm details will be provided).

Given that some damage repairs will need to be undertaken as a matter of urgency and possible outcome of representations to government may take a little time it is strongly suggested that members retain photographic evidence of damage sustained as well as copies of invoices/quotes etc in the event that financial assistance is secured.

Damage details to be emailed to [email protected]

Thanks.

Les Elphinstone
Manager KCGO