Day: August 24, 2020
Kalamia Cane Growers Organisation Limited Annual General Meeting
KALAMIA CANE GROWERS ORGANISATION LIMITED ANNUAL GENERAL MEETING
AGM was held on Wednesday 19th August at Ayr Showgrounds with main item of general business being “KCGO Future Options”.
Collective presented slideshow of four future options that your directors had developed to include possible “pros & cons” of each. Members were also updated of developments earlier in the day in relation to Burdekin District
Cane Growers with membership withdrawal by Pioneer Cane Growers Organisation as well Canegrowers Burdekin Limited/ Pioneer Cane Growers Organisation announcement the same day re. collaboratively working together in
negotiating CSA as well as common local issues of importance eg. rates.
Detailed discussion and interaction from members included KCGO board’s continued appetite in relation to engagement of consultant in an amalgamation scenario, issues around previous unification concept, past successes and
the important role that BDCG has played for your industry and the need for a strong local united voice.
As agreed by those present at AGM Chairman, Mr Robert Malaponte, was directed to contact Matt Thomson, managing partner and CEO of the Carey Group with a view to engaging with growers at a members meeting to understand growers needs and wants in a single district organisation for the industry. Matt has 15 years’ experience at an executive level in global organisations in Chief Financial Officer & Managing Partner roles and has advised various ASX listed companies around business strategy, risk management and transformation. Matt has accepted the Chairman’s invitation to attend a members meeting to be organised in the coming months, possibly October 2020. This will be your chance to provide a direction as well as put forward ideas of “wants and needs of importance” in a single local organisation.
Further advices will issue in due course.
Les Elphinstone
Manager / Company Secretary
Wilmar Daily Loading Advice
Loading Advice – Monday, 24th August 2020
INVICTA – 24 235
KALAMIA – 8 118
PIONEER – 7 590
INKERMAN – 8 408
TOTAL – 48 351
Wilmar Weekly Equity Summary
Wilmar Weekly Variety Summary
QSL Weekly Update
The October 2020 contract settled at: 12.83 US c/lb
The Australian Dollar currently trades at: 71.61 US cents
Forward indicative prices in Australian dollars are:
* $392 for Oct Contract – 2020 season
$399 for 2020 season
$383 for 2021 season
$360 for 2022 season
$354 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 Tuesday, 25th August 2020
DIESEL – $1.04764 including GST
UNLEADED – $1.07324 including GST
To place orders, please contact the Kalamia Cane Growers office.