KCGO Grower Member Meeting

KCGO GROWER MEMBER MEETING NOTICE

I refer to KCGO post to webpage on 16th December re. unification update wherein members were advised of intention of KCGO to hold grower meeting towards the end of January.

This meeting has now been scheduled.

When – Tuesday 4th February
Where – PCYC 164 MacMillan Street Ayr
Time – 10am -12.00pm

Meeting will provide summary of what has been previously raised at combined collective grower information sessions for those who were unable to attend during the season, as well as seeking feedback on various issues eg. but not limited to:

• levy options,
• asset/capital contributions,
• third party consultant
• additional services members consider of importance in a new entity eg. increased focus on advocacy

It would be appreciated if you could indicate your intention to attend as well as number of representatives that will be attending on behalf of member by RSVP our office on 4783 1312 or text to 0447 128 312.

Les Elphinstone
Manager KCGO

Daily Sugar Price

Friday, 24 January 2020

The March 2020 contract settled at: 14.57 US c/lb
The Australian Dollar currently trades at: 68.47 US cents

Forward indicative prices in Australian dollars are:

*$466 for March Contract – 2019 season

$465 for 2019 season

$463 for 2020 season

$452 for 2021 season

$440 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.