QCA Sunwater Irrigation Price Review Submission

QCA SUNWATER IRRIGATION PRICE REVIEW SUBMISSION

On 29th October 2018 the Queensland Competition Authority (QCA) received a Referral and Direction Notice from the Qld Treasurer, Jacki Trad, for an investigation about the pricing practices of Sunwater and Seqwater in relation to rural irrigation prices to apply from 1st July 2020 to 30th June 2024.

To commence the review the QCA sought submissions from both businesses, followed by a series of public consultation meetings throughout the state attended by stakeholders, local water boards and growers. QCA is to provide a draft report to Qld State Government by 31st August 2019 which will then be followed by a further round of public consultations. Stakeholders response to, in KCGO’s case, Sunwater’s submission were to be lodged by 8th March 2019.

KCGO lodged a submission on behalf of members last Friday, a copy of which follows for your information.

Les Elphinstone
Manager KCGO

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Nufarm Suscon Accreditation – Burdekin Region

NUFARM SUSCON ACCREDITATION – BURDEKIN REGION

Nufarm is rolling out a comprehensive suSCon maxi Intel Stewardship program encompassing technical and application training in 2019. There is no cost to participants in attending . Attendees sit a short exam after the presentations and are issued an Accreditation number which growers will be able to use to receive a rebate on purchases via Nufarm’s website. Session scheduling for the Burdekin is as follows. Resellers will be in attendance however participation is open to growers who use/may use this product.

Date Time Town Group Venue Meal
Wed 27th March 7.00-9.00am Ayr Ag N Vet Ayr RSL breakfast from 7am
Wed 27th March 10.00-11.30am Ayr Elders Ayr Home Hill Ayr RSL Smoko
Wed 27th March 1.00-2.30pm Ayr BGS Ayr RSL Lunch from 12.30
Wed 27th March 6.00-7.30pm Home Hill LMK Ayr Home Hill LMK Ayr Home Hill BBQ dinner Home Hill shed from 5.30pm
Thurs 28th March 8.00-9.30am Ayr BGA Ayr Home Hill Ayr RSL breakfast from 7.30am
Thurs 28th March 10.30-12.00pm Ayr EE Muirs Ayr RSL lunch from 12.00

For any growers interested in attending please contact Nufarm Field Development Officer – North Qld, Nicholas Matthews on mobile 0428 736 660 or email [email protected].

Les Elphinstone
Manager KCGO

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Daily Sugar Price – 13 March 2019

Wednesday, 13 March 2019

The March 2019 contract settled at: 12.33 US c/lb

The Australian Dollar currently trades at: 70.82 US cents

Forward indicative prices in Australian dollars are:

*$381 for MAY Contract – 2018 season

*$381 for 2018 season

*For Growers who have chosen to roll 2018-Season
exposure, QSL will gross up their target price to be
inclusive of roll costs incurred (currently $13.91/t)

$407 for 2019 season

$436 for 2020 season

$446 for 2021 season

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.

Daily Sugar Price – 12th March 2019

Tuesday, 12 March 2019

The March 2019 contract settled at: 12.29 US c/lb

The Australian Dollar currently trades at: 70.70 US cents

Forward indicative prices in Australian dollars are:

*$380 for MAY Contract – 2018 season

*$380 for 2018 season

*For Growers who have chosen to roll 2018-Season
exposure, QSL will gross up their target price to be
inclusive of roll costs incurred (currently $13.91/t)

$407 for 2019 season

$436 for 2020 season

$444 for 2021 season

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.

Daily Sugar Price

Monday, 11 March 2019

The March 2019 contract settled at: 12.18 US c/lb

The Australian Dollar currently trades at: 70.44 US cents

Forward indicative prices in Australian dollars are:

*$378 for MAY Contract – 2018 season

*$378 for 2018 season

*For Growers who have chosen to roll 2018-Season
exposure, QSL will gross up their target price to be
inclusive of roll costs incurred (currently $13.91/t)

$405 for 2019 season

$435 for 2020 season

$443 for 2021 season

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.