Daily Sugar Price

Monday, 23 March 2020

The March 2020 contract settled at: 10.91 US c/lb
The Australian Dollar currently trades at: 57.90 US cents

Forward indicative prices in Australian dollars are:

*$413 for May Contract – 2019 season

$413 for 2019 season

$420 for 2020 season

$439 for 2021 season

$453 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:6 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 March contract – QSL will gross up their target price to be inclusive of roll costs incurred, currently $ 3.81.

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

FarmHub – COVID-19 Key Information and Updates

FARMHUB – COVID-19 KEY INFORMATION AND UPDATES

Australian agriculture faces a complex and dynamic challenge as the impacts of the COVID-19 (coronavirus) pandemic continue to unfold across Australia.
For information on basic health advice, mental health and wellbeing, the Federal Government Stimulus Package, individual state and territory assistance, business assistance, and frequently asked questions (FAQ’s) please click here – https://farmhub.org.au/covid-19-key-information-and-updates/

Les Elphinstone
Manager KCGO

Bio-security QLD – Fall Armyworm Update

FALL ARMYWORM UPDATE
20TH MARCH 2020 | BIOSECURITY QUEENSLAND

Fall armyworm is native to tropical and subtropical regions of the Americas, and since 2016 has spread to Africa, the Indian subcontinent, China and South East Asia.
In January 2020, fall armyworm was first detected in Australia on 2 Torres Strait islands, followed by a mainland detection at Bamaga in February 2020.
Fall armyworm was then detected on a property in the Gulf country of north-western Queensland, and in South Johnstone, Tolga, Lakeland and the Burdekin region in North Queensland. The most recent detection is in Bowen.

The Consultative Committee on Emergency Plant Pests has determined that it is not technically feasible to eradicate fall armyworm from Australia. It has never been eradicated anywhere else in the world.

Fall armyworm moves and reproduces fast, and feeds on a very wide range of plants. It is well established in our nearest neighbours and could be continually reintroduced.
Fall armyworm is most likely found in warm, moist regions with little forest cover.

Be on the lookout and if you suspect fall armyworm, report immediately to the Queensland Department of Agriculture and Fisheries by phoning 13 25 23.

Les Elphinstone
Manager KCGO