Day: October 23, 2020

Guidelines for Loading of Sugar Cane Haulage Units for Travel on Public Roads

Kalagro

DEPT OF TRANSPORT AND MAIN ROADS ADVICE

KCGO has been made aware that over the last few weeks Dept of Transport & Main Roads Transport Inspectors have been active in the region targeting overloading of cane bins and associated spillage of billets onto roadways. A number of verbal warnings have been given in the Burdekin region as well as Formal Warnings have been issued to drivers on the Bruce Highway at Horseshoe Lagoon and on Brown Road, Upper Haughton in relation to billets that have been loaded into bins above the top rail, and billets falling onto the roadway.

Growers are asked to ensure obligations in relation to the loading of cane bins prior to delivery to rail points or the respective mills are adhered to. Guidelines that have previously been developed by Dept of Transport & Main Roads in conjunction with Canegrowers is attached which maybe of some assistance.

Les Elphinstone
Manager KCGO

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Kalagro

Friday, 23 October 2020

The March 2021 contract settled at: 14.78 US c/lb

The Australian Dollar currently trades at: 71.18 US cents

Forward indicative prices in Australian dollars are:

* $456 for Mar Contract – 2020 season

$452 for 2020 season
$414 for 2021 season
$399 for 2022 season
$388 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.

For Growers who have chosen to roll 2020 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $9.43

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Information sourced from QSL