Monday, 1 March 2021
The May 2021 contract settled at: 16.45 US c/lb
The Australian Dollar currently trades at: 77.05 US cents
Forward indicative prices in Australian dollars are:
* $465 for May Contract – 2020 season
$465 for 2020 season
$440 for 2021 season
$393 for 2022 season
$377 for 2023 season
The 2020 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining two contracts, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.
Proudly brought to you by Kalagro Limited
Information sourced from QSL