KCGO News

The latest news from Kalamia Cane Growers and Kalagro for Members Only.

QSL Collective Update 04/05/21

Kalagro
  • QSL April Guaranteed Floor Pool: The April Guaranteed Floor Pool (GFP) closed for nomination on Friday 30 April. The final floor price for the April GFP is $457 AUD/tonne actual. In addition to the guaranteed floor price achieved, pool participants also receive 50% of any ICE 11 pricing above the pool’s strike price ($467 AUD/tonne actual) during the season.
  • Market rally prompts pricing surge: 2021-Season prices reached new highs last week, with QSL growers achieving up to $490/tonne actual gross in the Target Price Contract (TPC) and $500/tonne actual gross in the Individual Futures Contract (IFC) against the July 2021 contract. Growers using these pricing options and the Self-Managed Harvest Contract (SMHC) are reminded they still have until next year (2022) to finish pricing their nominated 2021-Season tonnage in these products, with rolling extending the period available to achieve their orders (costs may apply). Rolling is automatic in the Target Price Contract, but is a new option for the IFC and SMHC from this season. For more information about these products and how rolling is used within them, please click the links below:

QSL Update to Collectives

Kalagro

  • 2021 Pricing Declaration Date: The 2021-Season Pricing Declaration Date is this Friday, 30 April 2021. This is the last day for growers to nominate to their chosen QSL pricing products for the 2021 Season. Any tonnes that remain unallocated after 30 April will default to the QSL Harvest Pool.
    To see the full list of available pricing options, please click here, or get in touch with your local QSL team.
  • April 2021 Guaranteed Floor Pool: Growers considering their 2021-Season pricing options are reminded that the April 2021 Guaranteed Floor Pool is accepting nominations until 30 April 2021. This QSL-managed pool gives growers the best of both worlds, providing a guaranteed minimum return, known as the floor, with the potential for additional returns should prices increase during the course of the season. While the floor price is set after nominations close, QSL publishes indicative floor prices during the nomination period. You can find these on the daily QSL Pricing email, as well as the Market Snapshot featured on our website (www.qsl.com.au).
    The latest indicative floor price for this pool is $454/tonne actual (gross) as of 26 April 2021. Should the last indicative floor price be more than $10 lower than the one eventually achieved after nominations close, the pool will be cancelled and growers can move their nominated tonnage to another QSL pricing option.
    For more information about this pool, please click here.
  • Q3 reports now available: QSL Direct Growers: You can now find your quarterly report (Q3) in your QSL Direct account under the ‘Financial Reports’ tab for the 2020 Season.
    These reports have also been distributed in the same manner you usually receive your ledger reports and statements. For further information regarding your quarterly report or for assistance with your QSL statements, please don’t hesitate to contact your local QSL representatives (listed at the bottom of this email) or call 1800 870 756.
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