Month: July 2023

KCGO / Farmacist – Electricity Information Session

annmaree dalessandro

Members,

Please be aware that electricity prices will rise with certain tariffs form the first of July 2023. FARMACIST have put together an easy 1-page format to follow with directions to the Energymadeeasy.gov.au web page.

The KCGO office has organised with FARMACIST an information session with growers to make sure farmers are well-informed and have the correct tariffs that reflect back on their power usage. Please find below details of session held next week.

Directors see this as a very important issue.

Allan Parker
KCGO Manager

KCGO/Farmacist – Electricity Tariff Changes – Information Session

Date:  Tuesday, 18th July 2023

Venue:  Ayr Golf Club

Time: 10.00am

RSVP: Monday, 17th July 2023

Phone KCGO Office: 47 831312

Daily Sugar Price

annmaree dalessandro

Friday, 14 July 2023 

The May 2023 contract settled at:  24.01 US c/b 

The Australian Dollar currently trades at: 68.89 US cents. 

Forward indicative prices in Australian dollars are: 

$758 for 23 Season 

$765 Oct Contract 23 Season 

$676 for 2024 season 

$603 for 2025 season           

$564 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.

 

 

Daily Sugar Price

Kalagro

Thursday, 13 July 2023

The May 2023 contract settled at:  23.91 US c/b

The Australian Dollar currently trades at: 67.87 US cents.

Forward indicative prices in Australian dollars are:

$765 for 23 Season

$772 Jul Contract 23 Season

$684 for 2024 season

$611 for 2025 season       

 $571 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.

 

 

Energy Savings – Farmacist – Tariff Checker

Kalagro

Members

Please be aware that electricity prices will rise with certain tariffs form the first of July 2023. FARMACIST have put together an easy 1-page format to follow with directions to the Energymadeeasy.gov.au web page.

The KCGO office will facilitate with FARMACIST to organise information sessions with growers to make sure farmers are well-informed and have the correct tariffs that reflect back on their power usage.

Allan Parker
Manager