QSL Collective Update

 

  • Non-delivery options: Worried about delivering your estimated sugar this season? QSL growers with committed pricing have multiple options to address in-season production reductions, including:
    • Reallocating your Harvest Pool tonnage to meet your committed sugar pricing
    • Shifting tonnage between ABNs
    • Rolling pricing forward to the next season
    • Unwinding pricing

Should you come up short, you have an obligation to pay QSL any wash-out costs associated with your shortfall under the Pricing Pool Terms. But rest assured that we will work with you to find the lowest-cost option available within the current market for your particular pricing position, and where possible, any wash-out costs will be factored into your remaining Advances payments. Contact your local QSL team for more information.

  • Burdekin Christmas Party:

3 December 2021 5pm to 9pm

Burdekin Rugby Club,  Casalegno Field

RSVP to Kristen 0438 470 235 by November 30

 

  • Have you finished harvesting your 2021 crop? If you are a grower who has either cut out or will cut out before your local Mill’s crushing conclusion date, please ensure you notify your local QSL team. This helps us with your payments and planning. It is also important for growers in our Self-Managed Harvest Contract who may be eligible to price their production buffer.
  • Advance rate increase: The QSL Standard Advance Rate will increase to 72.5% from 17 November 2021. QSL’s Accelerated Advances option is also available for the 2021 Season and increases your Advance rate to 90% in December for tonnage priced using our Guaranteed Floor and/or grower-managed pricing options. Nominations for Accelerated Advances close 30 November 2021 and can be made via the QSL App or QSL Direct Portal. Click here for more information.
  • BAS reporting in Wilmar milling districts: Growers in Wilmar milling districts completing their BAS are reminded that QSL now applies 10% GST to sugar payments. You can find more information regarding the GST changes and what they mean for your bookwork by clicking here, or by contacting your local QSL team. This video link provides a quick guide to where you can find this important GST information on your QSL paperwork.
  • Market Update Video: Click here to watch our latest video market update with QSL Marketing and Risk Officer Elliott Apel. This short video provides a great overview of the key themes currently affecting sugar prices for Australian producers.

 

 

If members have any questions in regards to the above, please don’t hesitate to get in contact with:

  • Russell Campbell –  Grower Relationship Manager – 0408 248 385
  • Kristen Paterson –  Grower Relationship Officer– 0438 470 235
  • Rebecca Love – Grower Relationship Officer – 0429 054 330 (Mon-Wed)

 

Rebecca Love
Grower Relationship Officer – Burdekin
Mobile 0429 054 330
[email protected]
www.qsl.com.au