Daily Sugar Price – 29th October 2019

Tuesday, 29 October 2019

The July 2019 contract settled at: 12.54 US c/lb

The Australian Dollar currently trades at: 68.38 US cents

Forward indicative prices in Australian dollars are:

*$400 for March Contract – 2019 season

$401 for 2019 season

$420 for 2020 season

$437 for 2021 season

$436 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.)

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Information sourced from QSL.

Levy Pay Register for the Sugar Industry

LEVY PAY REGISTER FOR THE SUGAR INDUSTRY

Please refer attached SRA communique regarding notice issued by the Australian Government Department of Agriculture on 31st May 2019.

The following additional points are made:

1. This is applicable to all levy payers – not just the voluntary members of SRA;
2. In some areas, such as Wilmar, some growers opted out of making their data available to SRA. This is different in that it deals with levy payments only.
3. This will provide SRA with contact details of all levy payers which will be a positive in that it will now allow SRA the ability to communicate with members and levy payers which has not been possible in the past.

Les Elphinstone
Manager KCGO

thumbnail of SRA Communique re levy payer register