Membership Levy Letter 2024
Author: Kalagro
SRA eNewsletter – 22nd May 2024
SRA eNewsletter – 22nd May 2024
Daily Sugar Price
Wednesday, 22 May 2024
The May 2024 contract settled at: 18.56 US c/lb
The Australian Dollar currently trades at: 66.66 cents
Forward indicative prices in Australian dollars are:
$612 July 24 Contract
$613 for 2024 season
$602 for 2025 season
$594 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.
Kalagro Daily Fuel Price
Price effective Thursday, 23rd May 2024
DIESEL – $1.75085 including GST
UNLEADED – $1.76694 including GST
To place orders, please contact the Kalamia Cane Growers office.
Daily Sugar Price
Tuesday, 21 May 2024
The May 2024 contract settled at: 18.68 US c/lb
The Australian Dollar currently trades at: 66.68 cents
Forward indicative prices in Australian dollars are:
$616 July 24 Contract
$615 for 2024 season
$602 for 2025 season
$594 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.
QSL Grower Pricing Update – 17th May 2024
QSL Grower Pricing Update – 17th May 2024
Daily Sugar Price
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.
Kalagro Daily Fuel Price
Price effective Monday, 20th May 2024
DIESEL – $1.75601 including GST
UNLEADED – $1.76734 including GST
To place orders, please contact the Kalamia Cane Growers office.
Fire Permit Summary and Information 2024 Season
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 –
- 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;
- 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
- 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
- The Commissioner’s Notification cannot be relied upon if:
- The paddock to be burnt adjoins a highway or main road; or
- 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.
2024 Crush Season update – 16th May 2024
2024 Crush Season update – 16th May 2024
KCGO Members Notice
The KCGO office has received official notification that the 2024 Crush season will now commence on Thursday 6th June.