Year: 2024

Daily Sugar Price

annmaree dalessandro

Monday, 20 May 2024 

The May 2024 contract settled at:  18.13 US c/lb 

The Australian Dollar currently trades at: 66.86 cents 

Forward indicative prices in Australian dollars are: 

$599 July 24 Contract 

$597 for 2024 season 

$591 for 2025 season           

$588 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.

Daily Sugar Price

Kalagro

Friday, 17 May 2024

The May 2024 contract settled at:  18.33 US c/lb

The Australian Dollar currently trades at: 66.79 cents

Forward indicative prices in Australian dollars are:

$604 July 24 Contract

$605 for 2024 season

$595 for 2025 season       

$586 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.

Fire Permit Summary and Information 2024 Season

Kalagro

Fire Permit Summary and Information 2024 Season

FIRE PERMITS

Reminder to obtain a fire permit pursuant to the Fire and Emergency Services 1990 –

All KCGO Members

Prior to the start of the season, please ensure that you obtain a Fire Permit pursuant to the Fire and Emergency Services Act 1990.  Alternatively, please ensure that you can comply with the requirements of the Commissioner’s Notification for burning.  Members are reminded that –

  1. It is an offence to light a fire without a fire permit or without holding the belief that you can comply with the conditions in the Commissioner’s Notification;
  2. To find your Fire Warden – follow the link to the Rural Fire Services website – ‘

https://www.qfes.qld.gov.au/safety-education/using-fire-outdoors/fire-wardens

  1. Attached is the Notification for Burning of Sugar Cane and information sheet, or follow the link to view a summary of the Commissioner’s Notification –

https://www.qfes.qld.gov.au/sites/default/files/2021-04/QFES-InfoSheet-CaneBurningNotification.pdf

  1. The Commissioner’s Notification cannot be relied upon if:
    1. The paddock to be burnt adjoins a highway or main road; or
    2. The paddock to be burnt adjoins urban houses or other intensive activities (such as commercial or industrial land).

    If either of the above circumstance is applicable you must obtain a Fire Permit from your Fire Warden.  If you cannot contact your Fire Warden, please contact Rural Fire Service Townsville on 4796 9082.

    Please contact the KCGO office if you require any further information.