Loading Advice – 13 July 2017

Invicta        –      21 800

Kalamia     –         5 100

Pioneer      –       11 900

Inkerman  –       11 700

TOTAL                50 500

Loading Advice – 12 July 2017

Invicta    –    21 900

Kalamia –      9 200

Pioneer  –    12 300

Inkerman – 10 700

TOTAL         54 100

Loading Advice – 11th July 2017

Invicta –     21 800

Kalamia-    11 700

Pioneer –    11 300

Inkerman – 8 800

TOTAL –     54 000

“Dear Grower

The recently executed Collective Cane Supply Agreement contains a provision within Schedule 4 Clause 11 (pages 77/78) for an incentive payment to encourage growers to become accredited for Smartcane BMP as well as Bonsucro. Extract from CSA is reproduced below:

11 Smartcane BMP adoption and Bonsucro accreditation

(a) The Parties recognise the increasing expectations of customers and society generally in relation to environmental stewardship and social responsibility. The Parties also acknowledge the Smartcane Best Management Practice (BMP) program and Bonsucro accreditation as the appropriate pathway for demonstrating sound environmental stewardship and social responsibility across the raw sugar value chain.

(b) To encourage the rapid uptake of Smartcane BMP and Bonsucro accreditation, the Mill Owner will make available the following one-off incentive payments to the Grower:

(i) A payment of 15 cents per tonne, subject to paragraph 11(b)(ii) of this schedule 4, for all Cane Delivery Tonnes in the Relevant Season in which the Grower first achieves Smartcane BMP accreditation for all three of the core Smartcane BMP modules:

(A) Module 1 – Soil Health and Nutrition Management;

(B) Module 2 – Irrigation and Drainage Management; and

(C) Module 3 – Weed, Pest and Disease management.

(ii) Regardless of the number of cane supply agreements to which the Grower is a party, a cap of 25,000 tonnes of cane per legal entity (ABN/ACN) will apply to Grower payments pursuant to paragraph 11(b)(i) of this schedule 4. (For clarity, and by way of example, if the Grower is a party to two or more cane supply agreements under the same ABN number, the maximum aggregate total of tonnes from the applicable farms to which an incentive payment under this schedule 4 can be made is 25,000 tonnes. The same limit applies if the Grower holds only one cane supply agreement under a single ABN).

(iii) A payment of 10 cents per tonne for all Bonsucro accredited Cane Delivery Tonnes in the Relevant Season in which the Grower is first awarded Bonsucro accreditation after: read more

Loading Advice – 10th July 2017

Invicta              20 800

Kalamia             11 400

Pioneer             12 800

Inkerman         10 100

TOTAL               57 100

Loading Advice – 7th July 2017

Invicta            22 800

Kalamia          11 400

Pioneer           12 100

Inkerman       13 500

TOTAL            59 800

Loading Advice – 6th July 2017

Invicta            19 500

Kalamia         11 500

Pioneer           12 700

Inkerman       12 100

TOTAL            55 800

Loading Advice – 5th July 2017

Invicta                20 000

Kalamia              10 900

Pioneer                 9 900

Inkerman           12 200

TOTAL                 53 000