Grower Information Update – Unification Project

GROWER INFORMATION UPDATE – UNIFICATION PROJECT OF KCGO, PCGO AND ICGO BURDEKIN BASED COLLECTIVES

KCGO, PCGO & ICGO collectives will be providing members with a further update of the unification concept to achieve a single grower organisation next Thursday 31st October at Ayr Showgrounds commencing at 11am.

Your attendance would be appreciated.

Thanks.

Les Elphinstone
Manager KCGO

Daily Sugar Price – 24 October 2019

Thursday, 24 October 2019

The July 2019 contract settled at: 12.15 US c/lb

The Australian Dollar currently trades at: 68.53 US cents

Forward indicative prices in Australian dollars are:

*$387 for March Contract – 2019 season

$387 for 2019 season

$407 for 2020 season

$425 for 2021 season

$426 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $17.98.)

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.