Month: February 2022

Daily Sugar Price

Kalagro

Friday, 11 February 2022

The March 2021 contract settled at:  18.30 US c/b

The Australian Dollar currently trades at: 71.67 US cents.

Forward indicative prices in Australian dollars are:

*$560 for Mar Contract 2021 season 

$558 for 2021 season 

$546 for 2022 season 

$508 for 2023 season           

$479 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.

 

Daily Sugar Price

Kalagro

Thursday, 10 February 2022

The March 2021 contract settled at:  18.48 US c/b

The Australian Dollar currently trades at: 71.79 US cents.

 Forward indicative prices in Australian dollars are: 

*$561 for Mar Contract 2021 season

$564 for 2021 season 

$545 for 2022 season

 $507 for 2023 season         

 $478 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.

 

BPS Seedcane Order Form

Kalagro

Good Afternoon Members,

Just a reminder as published in our Christmas newsletter that in order to ensure your approved seed cane orders are filled, orders must be submitted to your BPS Field Officer by Friday 25th February.

The seedcane order form can be downloaded here 2022 SEEDCANE ORDER.docx  you can complete and email back, or even complete and take a photo and SMS it to your relevant field officer.

While we will accept orders after the 25th Feb, we cannot guarantee allocation and preference will be given to members who order by 25th Feb.

Some growers have also been asking about RSD testing for your planting material this year.  Over the next 10 days we plan on completing all RSD testing on approved seed cane plots (all results received to date have been negative – ie: no RSD present), and once completed, we can test plant sources for members.  So when asking for a plant source inspection, please specify to your Field Officer if you require an RSD test or not. Note that you need to allow up to a 3 week turn around as the RSD samples are sent to the SRA laboratory in Brisbane for testing.

Any enquires please contact your relevant field officer.

thumbnail of 2022 SEEDCANE ORDER (1)

Daily Sugar Price

Kalagro

Wednesday, 9 February 2022

The March 2021 contract settled at:  18.08 US c/b

The Australian Dollar currently trades at: 71.467 US cents.

Forward indicative prices in Australian dollars are:

*$554 for Mar Contract 2021 season

$556 for 2021 season

$542 for 2022 season

  $509 for 2023 season          

  $484 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.