Reminder – P&K Waiver, Release & Indemnity form – Seed Cane, Pricing and Rebate Incentive

Reminder – P&K Waiver, Release & Indemnity – Seed Cane, Pricing and Rebate Incentive

The following P&K Waiver, Release & Indemnity form has to be signed if purchasing seed cane from the P & K Plot. 

Forms are available at the Kalamia Cane Growers office.

Pricing for Seed Cane from the P&K Farming Plot follows.

Kalamia Cane Growers offer – Rebate available for purchasing Plant Seed Cane subject to the conditions detailed on the following ‘Offer of an Incentive for Purchasing Plant Seed Cane’ information sheet.

Daily Sugar Price

Wednesday, 8 May 2024

The May 2024 contract settled at:  19.95 US c/lb

The Australian Dollar currently trades at: 65.98 cents

Forward indicative prices in Australian dollars are:

$662 July 24 Contract

$659 for 2024 season

$631 for 2025 season

$610 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 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.