MEMBER REMINDER – Wilmar BMP Incentive Payment

MEMBER REMINDER – WILMAR BMP INCENTIVE PAYMENT

In 2019 Wilmar extended its BMP incentive to growers.

To be eligible for the incentive payment, growers had to register for the Smartcane BMP program by 29th March 2019 and achieve accreditation for the three core modules by 1st July 2020.

This is a reminder for members who have since been accredited or who will do so in the coming 3 months to claim the incentive payment. To apply for incentive the attached form needs to be completed along with provision of “Certificate of Accreditation”.

Les Elphinstone
Manager KCGO

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Daily Sugar Price

Friday, 27 March 2020

The March 2020 contract settled at: 11.33 US c/lb
The Australian Dollar currently trades at: 60.63 US cents

Forward indicative prices in Australian dollars are:

*$411 for May Contract – 2019 season

$411 for 2019 season

$417 for 2020 season

$426 for 2021 season

$441 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:6 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 March contract – QSL will gross up their target price to be inclusive of roll costs incurred, currently $ 3.81.

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

Daily Fuel Price – 26th March 2020

Thursday, 26 March 2020

The March 2020 contract settled at: 11.41 US c/lb
The Australian Dollar currently trades at: 57.90 US cents

Forward indicative prices in Australian dollars are:

*$420 for May Contract – 2019 season

$420 for 2019 season

$424 for 2020 season

$435 for 2021 season

$448 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:6 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 March contract – QSL will gross up their target price to be inclusive of roll costs incurred, currently $ 3.81.

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

Daily Sugar Price – 25th March 2020

Wednesday, 25 March 2020

The March 2020 contract settled at: 11.27 US c/lb
The Australian Dollar currently trades at: 59.58 US cents

Forward indicative prices in Australian dollars are:

*$413 for May Contract – 2019 season

$413 for 2019 season

$418 for 2020 season

$430 for 2021 season

$443 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:6 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 March contract – QSL will gross up their target price to be inclusive of roll costs incurred, currently $ 3.81.

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