Year: 2023

Daily Sugar Price

annmaree dalessandro

Monday, 4 September 2023 

The Oct 2023 contract settled at:  25.81 US c/b 

The Australian Dollar currently trades at: 64.54 cents. 

Forward indicative prices in Australian dollars are: 

$872 for 23 Season 

$880 Oct Contract 23 Season 

$755 for 2024 season 

$644 for 2025 season           

$602 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

annmaree dalessandro

Friday, 1 September 2023 

The Oct 2023 contract settled at:  25.06 US c/b 

The Australian Dollar currently trades at: 64.84 cents. 

Forward indicative prices in Australian dollars are: 

$844 for 23 Season 

$848 Oct Contract 23 Season 

$738 for 2024 season 

$639 for 2025 season           

$600 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.

 

 

P & K Farm Update

Kalagro

Hi All,

Could you please send a reminder to your members to contact BPS for their seed cane orders as we are approaching the time that we usually close the plot around the middle to end of September.

Kristine has informed me that we still have orders of about 400 ton to be collected.  It will be good to have all the seed cane collected and the commercial cane cut so we can focus on growing next years crop.

I have spoken to Vernon Viero the harvesting contractor and he has said he will harvest the remaining cane to be sent to the mill once all of our seed cane has been collected.

I inspected the Mother Plot yesterday, the plants are starting to germinate and the new variety SRA34 is marking the drills nicely.

David Paine

Paine Farming Company

Email: [email protected]

Mobile: 0427 834 009

Daily Sugar Price

Kalagro

Thursday, 31 August 2023

The Oct 2023 contract settled at:  25.34 US c/b 

The Australian Dollar currently trades at: 64.75 cents.

Forward indicative prices in Australian dollars are: 

$856 for 23 Season

$861 Oct Contract 23 Season

$743 for 2024 season 

 $644 for 2025 season       

 $603 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.