Day: November 25, 2020

Daily Sugar Price

Kalagro

 

Wednesday, 25 November 2020 

The March 2021 contract settled at:  15.04 US c/lb

The Australian Dollar currently trades at:  73.61 US cents

Forward indicative prices in Australian dollars are:

*$443 for Mar Contract – 2020 season

$448 for 2020 season

$401 for 2021 season

$380 for 2022 season

$367 for 2023 season

The 2020 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining two contracts.

For Growers who have chosen to roll 2020 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $9.43

Proudly brought to you by Kalagro Limited

Information sourced from QSL

MEMBER REMINDER – FARM NITROGEN AND PHOSPHORUS BUDGET

Kalagro

MEMBER REMINDER – FARM NITROGEN AND PHOSPHORUS BUDGET

Members are reminded that as a result of Queensland Parliament passing the Environmental Protection (Great Barrier Reef Protection Measures) and Other Legislation Amendment Act 2019 it is a requirement as from 1st December 2021 for a Farm Nitrogen and Phosphorus Budget to have been developed by an appropriate person and is to be reviewed and updated at least annually thereafter by grower prior to fertilising.

Guidelines for Farm Nitrogen and Phosphorus Budget can be sourced by clicking here.

Queensland Government via Qld Rural and Industry Development Authority have a “Farming in Reef Catchments Rebate Scheme” of up to $1000 for sugarcane growers when professional advice from an Accredited Agricultural Adviser (AAA) is sought for managing nutrient and sediment run-off. Click here for more information and eligibility requirements.

Hardcopy of guidelines are also attached.

Les Elphinstone

Manager KCGO

thumbnail of firc-guidelines