Day: May 18, 2023

Daily Sugar Price

Kalagro

Thursday, 18 May 2023

The May 2023 contract settled at:  25.91 US c/b

The Australian Dollar currently trades at: 66.60 US cents.

Forward indicative prices in Australian dollars are:

$823 for 23 Season

$851 Jul Contract 23 Season

$700 for 2024 season

 $615 for 2025 season         

 $557 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/tonnes gross 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 price currently reflects a 0:3:2:1 pricing ratio for the 2022 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2023, 2024 and 2025 Seasons.

 

Applications for a Fire Permit

Kalagro

Growers

Please see link below for applications to apply for a fire permit.  Please note you must obtain a fire permit before any burning can occur.  If you do not have a local fire warden, you can send your application to the following email address at QFES in Townsville.    [email protected]                                                                                                              If you require any help, please contact the Kalamia Cane Growers office.

https://www.qfes.qld.gov.au/sites/default/files/2022-06/Applying-Light-Fires.pdf