Day: October 12, 2021

Daily Sugar Price

Kalagro

Tuesday, 12 October 2021

The March 2018 contract settled at:  20.33 US c/b

 

The Australian Dollar currently trades at: 73.51 US cents.

 

Forward indicative prices in Australian dollars are:

*$605 for Mar Contract 2021 season

 

$608 for 2021 season

 

$559 for 2022 season

   $480 for 2023 season

    $447 for 2024 season

 

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements. The Target Price Contract reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

 

QSL Information Brief – 11th October 2021

Kalagro

Please find below a short news & information brief from QSL that you may wish to use in your communications to your members.

  • Changes to farm arrangements: Planning to buy, sell or lease a farm, or changing your existing business arrangements? QSL Direct growers undertaking such changes need to submit our “Farm Sale/Lease Information Form” to capture any associated changes to payments or their QSL account.

    This form is not a contract – it simply initiates the documentation process by gathering basic information about the transaction to enable QSL to prepare the relevant Deed of Acknowledgement and/or Deed of Novation, to implement associated pricing transfers. This can be done before, during or after the transaction occurs, but ideally, before the transaction occurs.
    For further information or to commence the process, please contact the QSL Direct team on 1800 870 756. Click here for the Farm Transfer Information Form

  • Video Sugar Market Update: Don’t miss our next video market update, scheduled for Wednesday 13 October from 4pm with QSL Senior Manager Treasury & Risk Matt Page. These 5-minute snapshots provide a great overview of the key themes affecting sugar prices for Australian producers, and are available to watch any time via our Facebook page.
  • Actively Managed Pools:  Nominations are currently being accepted in the following QSL-managed pools:
    • read more