Energy Savings – Farmacist – Tariff Checker

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

Daily Sugar Price

Tuesday, 11 July 2023

The May 2023 contract settled at:  23.44 US c/b

The Australian Dollar currently trades at: 66.53 US cents.

Forward indicative prices in Australian dollars are:

$760 for 23 Season

$767 Jul Contract 23 Season

$676 for 2024 season

$618 for 2025 season      

$587 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

Thursday, 6 July 2023

The May 2023 contract settled at:  23.53 US c/b

The Australian Dollar currently trades at: 66.55 US cents.

Forward indicative prices in Australian dollars are:

$768 for 23 Season 

$777 Jul Contract 23 Season

$685 for 2024 season

 $631 for 2025 season       

 $598 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

Wednesday, 5 July 2023 

The May 2023 contract settled at:  23.32 US c/b

The Australian Dollar currently trades at: 66.92 US cents.

Forward indicative prices in Australian dollars are:

$758 for 23 Season

$767 Jul Contract 23 Season

$687 for 2024 season

 $636 for 2025 season

 $604 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.