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Kalamia Cane Growers & Kalagro / KCGO News / QFF Media Release / QFF Media Release – advocacy secures cheaper water for more irrigators

QFF Media Release – advocacy secures cheaper water for more irrigators

May 14, 2021 Kalagro

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QFF Media Release

Sat 20 Apr 2024

Price effective Monday, 22nd April 2024

DIESEL – $1.85638 including GST

UNLEADED – $1.90410 including GST

To place orders, please contact the Kalamia Cane Growers office.

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Sat 20 Apr 2024

Friday, 19 April 2024

The May 2024 contract settled at: 19.59 US c/lb

The Australian Dollar currently trades at: 64.21 cents

Forward indicative prices in Australian dollars are:

$671 for 23 Season

$671 May 24 Contract – 23 Season

$667 for 2024 season

$637 for 2025 season

$618 for 2026 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes gross actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements. The Target Price Contract price currently reflects a 0:3:2:1 pricing ratio for the 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.

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