Post on 02-May-2018
1
CANEGROWERS Burdekin Ltd Newsletter Edition 2017/19 Distributed: Friday 27 October 2017
Continues page 3
Members only are invited to the
Annual General
Meeting
Tuesday 28th November 2017
5.30pm
CANEGROWERS Hall,
Home Hill
Followed by BBQ & drinks
Guest Speaker:
John Warda, Sugar Terminals Ltd
CEO
RSVP to 47903600 or email
bdk@canegrowers.com.au
for catering purposes
Power price fix is within government reach How much more evidence do governments need before they act on unfair and
crippling power prices?
Sugarcane grower organisation CANEGROWERS says the patience of the
community is exhausted with governments which refuse to rein in the big
profits of power companies.
“The Australian Competition and Consumer Commission report released today
has found that power prices across Australia have risen 60% in the past
decade but for our CANEGROWERS members and other irrigators the rises
have been 130%!” CANEGROWERS CEO Dan Galligan said.
“The ACCC has backed up what we have been saying for years, that these
rises and their terrible toll on the profitability of farms are principally driven by
the ‘gold plating’ of power network, the lack of effective retail competition and
failing regulatory arrangements – they have nothing to do with the actual costs
of generating and supplying electricity.
“This has to stop now. Electricity prices must be reduced.
Harvest Restart this Weekend Given the prevailing weather it appears that harvesters will begin to move
starting with the Invicta area this weekend. Invicta Mill locos have commenced
delivering bins into sidings in preparation to a resumption of harvesting this
weekend.
Pioneer mill has been operating in cogeneration mode during the weather
induced stoppage whilst the other mills have carried out maintenance in
preparation for resumption of crushing.
There is about 4 weeks harvesting and crushing ahead to remove the 2017
crop – weather and other factors permitting.
Managing dirt levels as reasonably as possible in the field will assist in
contributing to the earliest possible finish.
Let’s hope the resumption goes well, the weather is kind going forward and we
get a good run to remove the rest of the 2017 crop.
Earlier today Wilmar advised the following dates for mills to resume crushing
operations, it is expected that harvesting will commence the day prior.
Invicta - Sunday - 29 October
Pioneer - Tuesday 31 October
Kalamia - Wednesday 01 November
Inkerman - Tuesday 31 October
2
Crushing Stats
W
eek 1
9 a
s at
21/1
0/2
017
2017
estimate
8,050,000
CR
OP
CR
US
HE
D
TO
DA
TE
6,517,651
81%
3
CANEGROWERS Trade and Economics Committee meet in Burdekin The Committee met in Ayr during the week to conduct a
preparation meeting in readiness for the Policy Council meetings
to be held in Brisbane during November.
The Trade and Economics Committee was formed when
CANEGROWERS restructured the board membership and set
up dedicated Committees’ to feed into the Policy Council which
meets three times a year.
Agenda items for the meeting covered Water, Electricity,
Marketing and Trade.
It was the first time that the Committee had met in the Burdekin
and visitors to the district took the opportunity to hear
presentations on the Energy Efficiency Gains for Irrigators and
visit irrigation trial projects currently being conducted in the
Burdekin.
The Committee appreciated and recorded their thanks for the
time spent in the presentations and inspections by BBIFMAC
Manager Arwen Rickert and Steve Attard of Agritech.
Trade & Economics Committee members Peter Sheedy (Herbert River
CANEGROWERS Manager), Rajinder Singh (Committee Chair from
Tablelands area), Tony Ross (from Mackay area) and Warren Males
( CANEGROWERS Qld Head Economics) viewed the irrigation trial
project with Agritech’s Steve Attard (second from left)
“Power companies have passed on the costs of their over-investment in poles and wires to consumers and successive
Queensland Governments have reaped the benefit, through dividends, to the tune of $1.5 billion each year.
“The ACCC’s is the latest investigation to blow the whistle on this hidden tax being paid by all of us, households and businesses.
“At the next elections, state and federal, we will all be watching closely to see who is going to call a halt on this,” Mr Galligan said.
CANEGROWERS has a five point plan to fix power prices for irrigators. The sugarcane farmers’ organisation is urging all political
parties lining up for the next Queensland State Election to commit to:
• Optimise the regulated asset base and require Energy Queensland to take responsibility for its management decisions
• Remove hidden taxes from Energy Queensland’s cost structure
• Redesign the network tariff system to ensure irrigators are not paying for congestion costs caused by other consumers
• Reinstate local distribution grids
• Require Ergon to re-submit a tariff proposal that contains fair pricing for Queenslanders.
Power price fix is within government reach continued
4
BPS & Farmacist shed meetings BPS and Farmacist will be conducting a round of shed meetings in
November 2017. Topics will include SRA8, smut update, variety selection,
irrigation, managing nitrogen losses, managing seed cane and chemical
losses. Please see the table below for times and dates. Growers are
welcome to attend an alternative shed meeting if they are unable to attend
their normal venue.
Burdekin excluded from annual land valuations Landowners in 22 of
Queensland’s 62 rateable local
government areas (LGAs) will
receive new land valuations in
March 2018. The Burdekin will
not be one of these.
In LGAs where new valuations
are not issued in 2018, the most
recent annual valuation will
remain effective for rating, land
tax and state land rental
purposes until the next valuation
is undertaken.
Queensland landowners can
now sign up to receive their next
land valuation notice and the
2018 Valuer-General’s property
market movement report
electronically by visiting the
Department of Natural
Resources and Mines website at
http://www.qld.gov.au/
environment/land/title/valuation/
change-details/
Date Time Group Venue
Thur 2nd Nov 8:30am Leichhardt Brotto Shed
Fri 3rd Nov 8:30am Inkerman/Fredericksfield/Koolkuna G MacElroy
Fri 3rd Nov 1pm Down River/Ramsdens N Pitris
Mon 6th Nov 8:30am Osborne/Causeway/Iona R Piva
Mon 6th Nov 1pm Darveniza/Groper Creek/Marshalls B Santarossa
Tue 7th Nov 8:30am Selkirk/Haughton/Bartlett/Upper Haughton SISL
Wed 8th Nov 8:30am Millaroo/Dalbeg J Cambruzzi
Wed 8th Nov 12pm Clare/Mulgrave/Stockham Rd Clare Club
Thur 9th Nov 1pm Jardine/Mona Park/Barratta L Smith
Fri 10th Nov 8:30am Rita Island SES Shed
Fri 10th Nov 1pm Jarvisfield/Kilrie Quartermaine
Mon 13th Nov 1pm Waterview/Sextons E Pearce
Tue 14th Nov 8:30am Aerodrome/Colevale/Town/Pioneer Mill B Lago
Tue 14th Nov 1pm Airville/Dicks Bank/McDesme BPS Shed
Wed 15th Nov 8:30am Airdmillan/Burstalls N Formalin
Wed 15th Nov 1pm Giru/Shirbourne D Poletto
Is your irrigating energy efficient? CANEGROWERS Burdekin members have the opportunity to
find out how their irrigating electricity usage and costs
compare to others in the Burdekin through the BBIFMAC
Energy Efficiency Gains for Irrigators project.
If you previously took part in the project you can continue the
project to add an additional two years worth of data so the
impact of dry years and rising energy prices can be quantified.
Being part of the project is a simple process of authorising
BBIFMAC to access your electricity and production data to give
you results such as energy usage per hectare, energy usage
per tonne cane, cost per tonne cane etc. You can then
compare your efficiency to others in the area (anonymously)
with the data collated from other growers.
For more information and to take part contact Arwen at
BBIFMAC on 47 834 344 or forms are available from CBL’s
office email bdk@canegrwoers.com.au or phone 4790 3600.
5
Queensland Government electricity announcements The following letter to the editor appeared in
regional papers throughout Queensland.
Handouts, hand-ups and support measures are no
doubt welcome relief to many Queenslanders
struggling with high power bills but, unfortunately,
they will do nothing to address the systemic
problems in the electricity pricing system that have
driven prices up in the first place.
The Queensland Government has issued five
electricity related media releases in less than 48
hours. They’ve realised this is a hot issue for the
community and voters!
While doing its best to sound sincere and
generous, it must not be forgotten that the
Queensland Government will still make good
money from electricity – from the households and
businesses of Queensland.
The Government can make these announcements
because revenue is higher than expected.
Electricity is not quite a magic budget pudding, but
it’s pretty close to one.
As the owner of the assets, the Government could
cut its profit take on a permanent basis and ensure
the power companies make corresponding cuts to
their tariffs and charges.
It could also write down the inflated asset bases,
the results of over-investment, which stimulates
power companies to seek a higher return from
electricity users.
And, on behalf of our cane farming members,
CANEGROWERS has been calling, with other farm
groups, for specific food and fibre tariffs to
recognise the importance of agriculture in feeding
and clothing us as well as providing export income
for the state.
A sustained price cut and a new tariff structure that
suits electricity users rather than the power
companies would deliver benefits where they’re
needed most.
The bill rebates announced by the government are
some relief but they are an inefficient mechanism.
In the long run, rebates are less economically
efficient and sustainable than tackling the causes
of high power bills head on.
Dan Galligan, CEO CANEGROWERS
6
CANEGROWERS
free call
1800 177 159
For free advice on legal
issues contact
Canegrowers’ legal advisor
Chris Cooper
Worker killed after being pinned
by mobile plant
In October 2017, a worker was killed after he was pinned between a cane haul out vehicle (a vehicle used to collect and remove
sugar cane as it is harvested) and a fuel tanker trailer. The worker, who was the operator of the cane haul out vehicle, was
attending to maintenance issues at the time. He was found by another worker who went to check on him after he failed to return
or call on the UHF radio. He could not be revived.
It is not clear at this stage what caused the incident as there were no witnesses. Investigations are continuing.
Preventing a similar incident
Incidents have occurred where mobile plant operators and other people nearby have been killed or seriously injured after being
hit, pinned or crushed by the mobile plant.
In ideal circumstances, mobile plant should be turned off prior to exiting the vehicle. However, when performing certain
maintenance functions or when using ancillary equipment requiring power takeoffs or vehicle mounted cranes, it may be
necessary to have the engine running. In such circumstances, you must ensure that park brakes are applied and the vehicle or
mobile plant is adequately immobilised before you get out of it.
If you are the person with management or control (PWMC) of mobile plant, you must ensure that:
• it is used in accordance with manufacturer's specifications
• the ignition/starter switch key is removed if you leave it
• no-one works in, under or around it unless it has been prevented from moving
• wheel chocks are used if required
• workers are trained and competent to safely operate it
• all safety features and warning devices are used in accordance with instructions, including guarding, operational controls,
emergency stops and warning devices
• when not in use, it is left in a state that does not create a risk to health and safety.
Mobile plant maintenance, inspection and testing must be carried out by a competent person and the PWMC must ensure that:
• a safe system of work for maintenance is in place and workers follow it
• the plant is effectively immobilised
• maintenance is carried out in accordance with the manufacturer's recommendations
• where the plant needs to be operated during maintenance, that the risks associated with the maintenance activities have
been eliminated or minimised.
The PWMC of mobile plant must ensure that its controls are:
• identified to indicate their nature and function
• located so that they are readily and conveniently operated
• located or guarded to prevent unintentional activation
• able to be locked off.
PCBU's (person conducting a business or undertaking) must also manage the risks associated with workers carrying out work in
isolation. A worker may be considered to be working in isolation even if there are other people nearby. For example, a worker
carrying out unsupervised work activities in an area separate to other workers is considered to be working in isolation. Those
working in isolation must have an effective means of communication and access to assistance including rescue, medical
treatment and emergency services.
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CANEGROWERS Queensland … taking up the fight on all issues affecting cane farmers
Executive Comment
✓ Various meetings were held over two days in Canberra with Senators and MPs prior to the vote regarding Senator
Leyonheljm’s Code of Conduct disallowance motion. With the strong support of the majority of the Senate, a motion to defer
the disallowance bid and the disallowance motion itself were both defeated.
✓ Meeting in Sydney to discuss the social license Health Responders strategy to put in place future arrangements with the
existing nutrition team.
✓ Along with QFF and other QFF members, met with the officers of State Government Ministers to discuss state election
campaign and intensive agriculture issues. It was unfortunate that the Government could not provide any actual Ministers to
attend the meeting but the Premiers Chief of Staff and a number of other either senior advisors or Chiefs of Staff from
relevant portfolios were in attendance.
✓ Finalise AGM and Board meeting arrangements for Australian Sugar Alliance.
✓ Working with Qld Department of Agriculture to assess damage from recent flooding in the Southern region in preparation for
disaster assistance measures to be deployed.
Legal
✓ Reviewing district contracts regarding Industry Recovery Officers.
✓ Advising growers regarding rights to object to land resumption.
Smartcane BMP
✓ Meeting with Bonsucro staff confirmed that the endorsement protocol for programs such as Smartcane BMP is being
pursued, and that there is interest in trialling an integrated audit process on Queensland farms in early 2018.
✓ Met with SRA, Queensland Gov and Australian Gov reps to discuss recommendations on the project report and better
alignment of nitrogen inputs to crop requirements. The main recommendation was development of a ‘tool box’ that sits within
Six Easy Steps and assists the grower, or his/her advisor, to identify and evaluate options for refinement of the 6ES standard
recommendations. A proposal and project plan will be developed by December.
Burdekin Water Futures Conference
✓ The Burdekin Water Forum was held from Monday 9 October to Wednesday 11 October 2017 and focused on managing
irrigated agriculture in Great Barrier Reef Catchments. Matt Kealley presented at the conference.
✓ The conference brought farmers, scientists and government representatives from around Australia to participate in
presentations and discussions to manage irrigated agriculture.
✓ A field trip toured the Burdekin district showcasing some of the best practices in irrigation management, water storage and
supply infrastructure.
National Water Initiative (NWI)
✓ CANEGROWERS lodged a submission to the Productivity Commission review of water policy, highlighting the importance of
the water-energy nexus.
QFF Water & Energy Policy Committee
✓ CANEGROWERS participated in the QFF Water & Energy Policy Committee meeting which included:-
o Mineral, Water and Other Legislation Amendment Bill 2017
o Bulk water prices for SunWater
o Qld Independent Audit of Water Measurement and Compliance
o QFF submission to NWI
Trade
✓ CANEGROWERS provided advice to Department of Foreign Affairs and Trade in relation to its Free Trade Agreement
negotiations with Peru.
Chemicals – Shirtan
✓ The Australian Government is reviewing the CBA for the Minimata Convention for Mercury, which affects the industry
fungicide product Shirtan.
✓ CANEGROWERS participated in a teleconference with Marsden Jocobs to discuss the revised Cost Benefit Analysis for
Shirtan. Further information is required on use and application so the CBA can be revised.
8
CANEGROWERS Queensland … taking up the fight on all issues affecting cane farmers
Reef Regulations RIS
✓ CANEGROWERS held a phone hook-up with ASMC and representatives from industry extension to discuss the RIS,
understand local issues and ensure a coordinated industry response. Representatives included CANEGROWERS,
CANEGROWERS Bundaberg, ASMC, MSF, QFF, MAPS, Proserpine Sugar Services, Burdekin Productivity Services and
ISIS Productivity Services.
✓ Issues identified include:
o Heavy reliance on the Alluvium report for the Cost Benefit Analysis
o Limited science on nitrogen and transition to refined N management and extension needs
o Effectiveness of current regulations
o Potential perverse outcomes
o Offset policy
o One size does not fit all
o Soil loss controls
o Modelling
✓ Outcomes discussed:
o Agreed that the premise of the policy is important and the industry will do what it can to help within reason.
o Consensus that the Government must provide industry with better monitoring because modelling is insufficient and need to
better understand progress towards targets.
o Targets must be achievable as the current message is that the targets set will not be achieved. Stakeholders need to be
confident targets are achievable.
o Encourage submissions from each region to highlight local issues. If not providing an independent submission, send case
study/specific issue examples to QCGO.
o Industry must be involved in developing WQ offsets framework.
o Ensure mill mud exemption is retained (for nutrient calculations).
o BMP is the better approach.
✓ The RIS submissions are due 3 November 2017.
Cane Changer
✓ CANEGROWERS met with John Pickering from Behaviour Innovation on the Cane Changer project. Over 160 growers have
committed to change through the Cane Changer Commitment and the Cane Changer project is now live in five of the six
cane districts in the Wet Tropics.
✓ The support from Office of the Great Barrier Reef and CANEGROWERS has been excellent and the project is on
track. Behaviour Innovation met with the Environment Minister to brief him on the project. The positive recognition of the
industry by the government through the project is starting to make a big difference.
✓ Strong linkages between Cane Changer and the MIP and Reef Trust III are underway.
National Farmers Federation Economic Policy and Farm Business Committee
✓ CANEGROWERS attended the above meeting and the main issues on the agenda were:
Transport harmonisation and the road safety project for agricultural vehicles. The CEO of NHVR provided a presentation on the chain of responsibility and national harmonisation process.
Inland Rail update
The NFF response to the Regional Investment Corporation – Discussion Paper on Key Loan Settings
Progress on NFF’s Drought Policy
Transport
✓ CANEGROWERS attended a meeting with National Farmers Federation (NFF), National Heavy Vehicle Regulator (NHVR),
Queensland Police, Queensland Transport and Main Roads and NSW Road and Maritime Services to discuss the
harmonisation of agricultural vehicle regulations. The main NFF point was that NHVR should be pushing harder for genuine
harmonisation and not just documenting the current State regulations.
✓ NHVR has no ability to override the state organisations (road managers and police) on granting access and conditions of
travel. State organisations are reluctant to change their regulations without evidence that safety and infrastructure is not
compromised.
✓ There is an NFF project to assist in establishing the current crash records with over dimension agricultural vehicles. The
NHVR recommendation is to accept the progress to date (mostly on definitions) and then work through the differences in
dimensions between States to achieve harmonisation. This is a complicated process.
9
1. The Federal and State Governments must take the energy
crisis seriously ahead of the QLD election. It's been a fight
for farmers who have been at the mercy of increasing
electricity prices for the last decade. QFF
statement HERE.
2. Electricity prices have damaged rural and regional
industry and contributed to a 'severe electricity
affordability problem', according to an ACCC report.
Details HERE.
3. The Rural Jobs and Skills Alliance (RJSA)
has successfully lobbied government to change the
eligibility criteria for farm employees wanting to upskill
through the Farm Business Management course. QFF
statement HERE.
4. North Queensland growers affected by natural disaster
can give feedback that will help industry develop crop
insurance suited to tropical agriculture. Survey HERE.
5. Agriculture is without dedicated
government leadership following the resignation of Bill
Byrne. With an election looming, QFF calls for all sides of
politics to address farmers' issues. QCL column HERE.
6. QFF and its members met with the Liberal National Party
last week to talk about the upcoming state election. This
week they will meet with the Australian Labor Party.
7. Women & Leadership Australia have released another
round of scholarship funding for farming women.
Expressions of Interest are being sought until 15
December HERE.
8. The State Government's quad bike safety advertising
campaign Ride ready is seeking your feedback to
enhance its safety messaging in an online survey HERE.
9. The ACCC has launched a new online tool for people in
the agriculture sector to anonymously report concerns
about competition or fair trading issues. See it HERE.
10. Technology associated with video gaming is being used in
the war against weeds to develop a high-tech precision
weed spot sprayer.
QFF is a federation that represents the interests of peak and national
agriculture industry organisations which in turn represent more than
13,000 primary producers across the state.
CANEGROWERS is a major commodity member of QFF.
Energy Savers program extension good news for farmers The Queensland Farmers’ Federation (QFF) has welcomed
the State Government’s commitment of $10 million to extend
the Energy Savers Plus program.
The expanded Energy Savers Plus program will include an
additional 200 energy audits for agricultural customers and
offer a 50% co-contribution (capped at $20,000) towards the
cost of implementing changes recommended through the
audits.
QFF President Stuart Armitage said that the Energy Savers
Plus program has been and continues to be an important
resource for Queensland farmers to identify, learn and
implement energy efficiency practices and changes to their
businesses.
“By expanding the partnership between QFF and the State
Government, farmers throughout the state will continue to
benefit from the opportunity to identify energy savings as the
sector grapples with the impact of electricity price increases.
“QFF is looking forward to working through the details of the
expanded program with the government. The addition of an
implementation bonus for farm businesses taking up the audit
recommendations is a positive step, and we must continue to
evolve other elements of the program too.
“An industry-led program will give greater consideration of the
entire water-energy-productivity nexus that farm businesses
face and we look forward to seeing the details.
“In a public debate that is so focused on supply-side energy
matters, it is pleasing to see the government recognise the
importance of energy efficiency and demand management in
reducing energy costs.
“It is also important to remember that the Energy Savers Plus
program is an essential, but not the only, piece of the puzzle
when trying to solve the ‘energy crisis’ gripping rural and
regional Queensland.
“Energy Savers is a useful tool to help farmers proactively
dampen the impact of the massive price rises we have seen,
but it does not completely solve the broader issues of
electricity affordability – we have to keep working at the other
areas too”, Mr Armitage said.
To date 60% of the 130 farms participating in the Energy
Savers program have or plan to implement part of the $3
million of annual energy cost savings identified in the energy
efficiency audits across different industries. This includes 50
farms implementing energy efficiency projects and another 32
that are planning to in the future.
10
Pricing information
Growers can monitor QSL pool performance via the Price Pool Matrices
published on the QSL website (www.qsl.com.au). This information is updated
regularly and provides a sense of how the QSL-managed pools are performing
over the current season.
Crop Year Indicative Price Movement
2017 Season 393.90 0.06
2018 Season 425.14 0.95
2019 Season 445.63 -0.10
2020 Season 453.49 0.10
Calculation using ICE Closing Prices or equivalent Bank Swap Rates and
prevailing AUD/USD exchange rates
Refer to https://www.wilmarsugarmills.com.au for additional Pricing
Information and trends
$/Tonne IPS
GROSS 2017
QSL Harvest Pool $425
QSL Actively Managed Pool $411
QSL Guaranteed Floor Pool $369
QSL US Quota Pool $711
QSL 2-season Forward Pool $487
Advance Rates are based on a grower's individual estimated final sugar price.
For more information growers can access Wimar's monthly Pool Reports,
Allocation Account Amount Reports, their applicable Advance Finance Charge
via the reporting page of the Pricing and Payments
section of the GrowerWeb. The cashflow forecast tool is also available in the
Pricing & Payments section.
Default Default
Advances
Cash on delivery
Advances
Jun -17 65% 90%
Jul -17 65% 90%
Aug -17 65% 90%
Sep - 17 67.5% 90%
Oct -17 70% 90%
Nov - 17 72.5% 90%
Dec -17 75% 90%
Jan - 18 80% 90%
Feb - 18 85% 90%
Mar - 18 90% 90%
Apr -18 92.50% 92.5%
May -18 95% 95%
Jun -18 97.5% 97.5%
Jul -18 100% 100%
Wilmar Indicative Future Sugar Prices
as at 27 October 2017
2017 Season Advances Schedule
As at 31 August 2017
QSL Indicative ICE 11 prices
as at 27 October 2017
SEASON AUD/MT CHANGE SINCE
PREVIOUS CLOSE
2017 - MAR18 403.35 -0.01%
2017 - MAY18 406.11 -0.08%
2018 424.71 -0.06%
2019 444.63 -0.20%
2020 448.94 -0.97%
The figures quoted above are indicative of available ICE 11 prices as at the
current date and reflect the weighted average AUD/mt price. The prices have
been adjusted to include Over-the-Counter (OTC) margin fees charged by
banking institutions and, therefore, may differ from daily prices quoted by the
ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in
Sugar (GEI Sugar). Values also do not account for any adjustments resulting
from local grower-miller pricing arrangements. For more information, view the
latest QSL Market Snapshot here.
Estimated QSL Pool Prices
As at 13 October 2017
2017 Season Advances
Schedule
As at 31 August 2017
Applicable
from
Fixed Price/Target
Price/Guaranteed
Floor
Other Pools %
Rate
Initial 60% 60%
24 Aug 17 70% 70%
19 Oct 17 72.5% 72.5%
14 Dec 17 90% 75%
25 Jan 18 90% 80%
22 Feb 18 90% 82.5%
22 Mar 18 90% 87.5%
19 Apr 18 90% 90%
17 May 18 92.5% 92.5%
21 Jun 18 95% 95%
July 18 100% 100%
Percentage rate approved by QSL Board
The program above is indicative only in its entirety and should not be taken as a
commitment by QSL with regard to either the advance rate or date of increase.
The program may change during the season depending on movements in the
marketing and shipping plans, sugar price and currency movements and timing
of cash flows. Suppliers’ positions in relation to any pricing elections may also
impact the timing and size of advance payments.
Confirmed
$/Tonne IPS
GROSS 2017
Wilmar Production Risk Pool $384
Wilmar Managed Pool $409
Wilmar US Quota Pool $638
Estimated Wilmar Pool Prices
As at 29 September 2017
As of the 29th September Wilmar does not currently have a component which is required to be
sold or priced in order to manage storage constraints in the sugar terminals and, at this stage,
remains unpriced until tonnage in this pool begins being delivered into sugar terminals. This
means the Gross Pool Price is currently a marked-to-market price reflecting the March 2018
and May 2018 ICE #11 futures positions, which is consistent with the expected sales program.
If you would like to know more about Wilmar's Production Risk Pool and our pricing approach,
please contact a member of the Grower Pricing Team.
Gross Pool Prices are an estimate based on the tonnes hedged and current market price (as at
the last business day of the month) for unhedged tonnage. Allocation Account Amounts begin
the season as estimates and are reviewed and updated on a monthly basis as actual
premiums and costs are known.
The monthly pool price report is available on the Wilmar grower web
Contact Us
HEAD OFFICE
141 Young Street, Ayr
bdk@canegrowers.com.au
Office Hours Mon - Thurs: 9am - 5pm
Fri: 9am - 3pm
4790 3600
bdk@canegrowers.com.au
CANEGROWERS Hall
68 Tenth Street, Home Hill
Wayne Smith General Manager 0428 834 802
4790 3604
Michelle Andrews JP (Qual)
Manager: Finance & Admin 4790 3602
Tiffany Giardina Payroll & Administration 4790 3601
Racheal Olsen Solaris Insurance Brokers
Manager racheal_olsen@solarisinsurance.com.au
4790 3606
0408 638 518
Email address: firstname_lastname@canegrowers.com.au
DIRECTORS
Phil Marano
Chair
marano@bigpond.com 0404 004 371
Owen Menkens
Deputy Chair
owen_menkens@hotmail.com 0409 480 179
Steven Pilla spilla8@bigpond.com.au 0417 071 861
Roger Piva rogerdpiva@gmail.com 0429 483 815
Sib Torrisi sibbyt58@bigpond.com 0429 827 196
Greg Rossato greg_rossato@outlook.com 0418 713 563
canenews is read by the majority of Burdekin cane
farmers and their families in the Burdekin. Copies
are also circulated to all CANEGROWERS Offices,
businesses, industry, politicians, Government
Agencies and members of the community.
Published Weekly by:
CANEGROWERS Burdekin Limited
ABN: 43 114 632 325
Postal Address: PO Box 933, AYR QLD 4807
Telephone: (07) 4790 3600
Facsimile: (07) 4783 4914
Email: bdk@canegrowers.com.au
Please direct all advertising enquiries and materials
to the above.
Disclaimer
In this disclaimer a reference to “CBL ”, “we”, “us” or “our”
means CANEGROWERS Burdekin Limited and our
directors, officers, agents and employees. This newsletter
has been compiled in good faith by CBL . Although we do
our very best to present information that is correct and
accurate, we make no warranties, guarantees or
representations about the suitability, reliability, currency or
accuracy of the information we present in this newsletter,
for any purposes.
Subject to any terms implied by law and which cannot be
excluded, we accept no responsibility for any loss,
damage, cost or expense incurred by you as a result of
the use of, or reliance on, any materials and information
appearing in this newsletter. You, the user, accept sole
responsibility and risk associated with the use and results
of the information appearing in this newsletter, and you
agree that we will not be liable for any loss or damage
whatsoever (including through negligence) arising out of,
or in connection with the use of this newsletter. We
recommend that you contact CBL before acting on any
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Burdekin Cane Auditors—Workplace Coordinators
Site Name Email Phone
Invicta Ray Collinson ray@burdekincaneaudit.com.au 4782 9153
Kalamia Vicki Lewis vicki@burdekincaneaudit.com.au 4783 0319
Pioneer Geraldine Cantarella geraldine@burdekincaneaudit.com.au 4782 5346
Inkerman Mark Saunders mark@burdekincaneaudit.com.au 4782 1020
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