Day: July 31, 2020
Friday, 31 July 2020
The October 2020 contract settled at: 12.11 US c/lb
The Australian Dollar currently trades at: 71.94 US cents
Forward indicative prices in Australian dollars are:
* $368 for Oct Contract – 2020 season
$376 for 2020 season
$374 for 2021 season
$369 for 2022 season
$361 for 2023 season
The 2020 Target Price Contract reflects a whole-of-season weighted average in a 3:2:1 ratio across the remaining three 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 $0.58.
Proudly brought to you by Kalagro Limited
Information sourced from QSL
Kalagro Daily Fuel Price
Price effective Monday 3rd August, 2020
DIESEL – $1.05899 inc GST
UNLEADED – $1.04816 inc GST
To place orders please contact the Kalamia Cane Growers office.
SENATE RURAL AND REGIONAL AFFAIRS AND TRANSPORT REFERENCES COMMITTEE ENQUIRY
SENATE RURAL AND REGIONAL AFFAIRS AND TRANSPORT REFERENCES COMMITTEE ENQUIRY
Representatives from BDCG were given the opportunity to address the senate committee for enquiry into “Identification of leading practices in ensuring evidence based regulation of farm practices that impact water quality outcomes in the Great Barrier Reef” in Brisbane on Monday of this week in support of submission that was lodged in November 2019.
BDCG highlighted a number of issues:
• that members take their environmental stewardship responsibilities very seriously including the health of the GBR
• growers consider themselves to be the caretakers of the land
• due to high input costs, reducing margins, lower prices etc. farmers can ill afford to unnecessarily apply fertiliser and chemicals beyond crop requirements
• financial cost to agriculture to meet state government introduced regulations
• integrity and reliability of the reef science on which legislation and funding decisions are made on
• damming findings from recent CCC review of 3 Qld universities looking at “reducing the risk of research fraud”
• group of international scientists unable to obtain consistent results from repeated experiments of 8 JCU studies confirming that a “replication crisis” exists
• organisation members being fully supportive of an independent authority as suggested by Dr Ridd to “check the science” on which government policy and funding decisions are made and
• calling upon the Federal Government to set aside a nominal amount of funding for this purpose.
Les Elphinstone
Manager KCGO