MEMBER NOTICE – CSA UPDATE

CSA UPDATE – Monday, 31st October 2016

Dear members,

With BDCG having now given Wilmar formal notice on requiring the dispute to be referred to arbitration we are now within the legal processes associated with that.

We have been in communication with Wilmar about the type of Arbitration panel and the number of arbitrators to be on that panel. In the absence of agreement on these matters the process as set in the Commercial Arbitration Act is for an approach to be made to the Court and for the Court to appoint a single arbitrator. From the state of current discussions it seems this will have to be the case.

After an appointment it is expected that the legal processes necessary to reach commencement of Arbitration will take approximately 6 weeks.

 NB   There are still some members who have not returned a BDCG Bargaining Authority to KCGO.  If you are wanting to be included in the outcome of an arbitrated Collective CSA contract you must do so.

 If you have provided a Bargaining Authority but have already signed a Wilmar contract or do so between now and when the Arbitration Determination is made, you must withdraw that Bargaining Authority.

 Regards,

 David Rutledge

Executive Manager / Company Secretary

Kalamia Cane Growers Organisation Ltd

Kalagro Ltd

Po Box 597 Ayr Qld 4807

Tel:  07 4783 1312  Fax: 07 4783 3885

       

Friday, 28 October 2016

The October 2016 contract settled at:

22.40 US c/b

The Australian Dollar currently trades at:

75.57 US cents.

Forward indicative prices in Australian dollars are:

$653 for 2016 season

$601 for 2017 season

$545 for 2018 season

$500 for 2019 season

Proudly brought to you by Kalagro.

Thursday, 27 October 2016

The October 2016 contract settled at:

22.47 US c/b

The Australian Dollar currently trades at:

76.19 US cents.

Forward indicative prices in Australian dollars are:

$650 for 2016 season

$597 for 2017 season

$542 for 2018 season

$496 for 2019 season

Proudly brought to you by Kalagro.

KCGO Members Notice

ABC Coverage of BDCG dispute with Wilmar

 Hello members,

 10 days ago ABC journalist Elyse Morgan came to the Burdekin to do some interviews about the dispute between growers and miller.

 We have been informed this morning of the schedule of when these will be aired on TV and Radio. It is listed below.

 There may also be reference to the matter on the Country Hour today.

 

Scheduled to appear:- Wednesday, 26th October 2016

•        Online from 4.30pm                                             ABC website

•        The Business 4.30pm                                           TV   ABC News 24        –     Ch24

•        Business PM 6.00pm                                            Radio     AM 630

•        The Business 8.30pm                                           TV   ABC News 24       –      Ch24

•        The Business 11.00pm                                         TV   ABC 2                    –      Ch  2

 And at this stage the 7pm News                                 TV   ABC News             –     Ch24