Day: October 21, 2022

Wilmar Daily Loading Advice & Update

Kalagro

Loading Advice – Friday, 21st October 2022

INVICTA – 0

KALAMIA – 11 280

PIONEER – 0

INKERMAN – 0

TOTAL – 11 280

WILMAR UPDATE – 20th October 2022

Widespread storms delivering significant falls in excess of 100mm in the Millaroo Clare area this afternoon. Davis weather stn network recorded 27mm at Kalmia, 37mm at Home Hill and 41mm at Brandon

  • All harvesting has stopped except for one in Pioneer who is trying to get his last 20 bins of burnt cane cut
  • 68 bins left burnt in the paddock at Invicta
  • 64 bins left burnt in the paddock at Pioneer
  • 280 bins left burnt in the paddock at Kalamia – this was all burnt this morning
  • 130 bins left burnt in the paddock at Inkerman
  • Total of about 3,500 tonnes
  • Mills will shut down when they run out of cane and commence cleaning and/or maintenance
  • Will re-assess in the morning

John Tait

Wilmar

Daily Sugar Price

Kalagro

Friday, 21 October 2022

The May 2022 contract settled at:  18.39 US c/b 

The Australian Dollar currently trades at: 62.81 US cents. 

Forward indicative prices in Australian dollars are: 

*$636 for Oct Contract 2022 season 

$636 for 2022 season 

$592 for 2023 season 

$553 for 2024 season           

$530 for 2025 season 

$513 for 2026 season

 

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt 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 a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons