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CANEGROWERS Burdekin Ltd Newsletter Edition 2018/19 Distributed: Friday 26 October 2018
Members only are
invited to the
Annual General Meeting
Wednesday
21st November 2018
5.30pm
CANEGROWERS Hall, Home Hill
Followed by BBQ &
drinks
Guest Speaker:
Dr Jason Eglinton SRA Executive Manager
Cane Variety
Development &
Processing, Plant
Breeding & Release
RSVP
by Friday 16th
November
to 47903600 or email
for catering purposes
Last Harvest Management Group Meeting for 2018 A review meeting attended by grower representatives and Wilmar officers was held on
Tuesday. With the good run of weather harvest operations have run fairly smooth this year
interspersed though with mill breakdowns and last week’s storm weather event that affected
some of the Kalamia, Inkerman and Millaroo areas.
The wet field conditions during last week in these areas provided its share of challenges for
several harvesting groups, however, the co-operative effort of all involved saw the majority of
the burnt cane harvested by the allotted time.
As Wilmar’s Burdekin Operations Manager was an apology for the meeting Acting Cane
Supply Manager Peter Luke provided some comment on recent mill stops focused mainly on
the boiler issues (leaking super heater tubes) experienced at Invicta last week. There was no
season to date crushing rate or scheduled and unscheduled stop information presented or
available for the meeting.
Wilmar logistics officers noted that harvest equity was largely under control given that all mill
areas are now managing and monitoring the remaining cane available for harvest on a manual
basis.
The officers also commented on over burning and requested that growers and/or contractors
be reminded again about over burning on last days of their harvest roster and the impact that
has on other harvest groups when contractors have to make arrangements with other groups
to access the extra bins to finish off overburnt cane on their last day. The officers are
requesting that growers be diligent and work with their harvest crews to ensure that this
practice doesn’t occur which can make the management of harvest equity very challenging
and difficult.
Another comment was made in regards to harvest groups starting harvesting too early on mill
clean days which results in harvested cane being delayed unnecessarily longer before it is
crushed.
As for inter mill transfer of cane; given the changes made to some groups and the level of crop
available for harvest there has not been any requirement for inter mill area transfers this
season.
Wilmar reported that the level of Incidents has been fairly quiet save for some minor rail
derailments plus damage that is being sustained to pit points; Wilmar have advised that they
will be providing written notification of consequences to repeat offenders. There was one
recent incident in the Inkerman area where a car traversing a cane rail crossing collided with a
loco; fortunately there was no one injured in the incident.
Based on an expected final crop of 8 million tonnes, no further rain disruptions and revised
factory throughputs and performance, harvesting is currently expected to finish as per the
cessation notice issued by Wilmar on Monday a copy of which is found on page 3 of this
canenews edition.
A date is to be set for a debrief meeting to be conducted post-harvest completion.
2
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Week 19
Series1 Series2
Crushing Stats
W
eek 1
9 a
s at
20/1
0/2
018
2018
estimate
8,000,000
6,950,367
87% C
RO
P C
RU
SH
ED
TO
DA
TE
208,048
369,140 370,809 386,843 394,986 385,146 391,209 393,348 380,521
396,141
361,149 369,021 389,055 381,673
344,835 374,195
369,556 354,427
329,874
-
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
Ton
ne
s
Crush Week
Burdekin Tonnes Cut Per Week
Invicta Pioneer Kalamia Inkerman
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
2014 12.81 12.41 12.52 13.17 13.78 14.16 14.24 14.38 14.50 14.75 14.83 15.21 14.82 15.07 15.19 15.27 14.90 15.12 15.22
2015 12.39 12.84 13.35 13.66 13.91 14.28 14.37 14.58 14.76 14.94 15.08 15.13 15.28 15.47 15.68 15.84 16.00 16.04 15.90
2016 11.87 12.22 10.94 12.12 12.57 12.64 12.11 12.74 13.20 13.45 13.43 13.78 14.27 14.38 14.58 14.74 14.47 14.76
2017 11.88 12.30 12.67 12.84 13.37 13.67 13.97 14.23 14.37 14.47 14.75 14.78 14.96 15.07 14.87 15.06 14.98 15.02 14.61
2018 13.40 13.82 13.91 13.82 14.30 14.50 14.66 14.85 15.08 15.05 15.22 15.16 15.27 15.57 15.50 15.85 15.90 15.84 15.50
10.50
11.50
12.50
13.50
14.50
15.50
16.50
CC
S
Week
Burdekin CCS Per Week
3
Burdekin Shire included in Valuation Program The State Valuer General Neil Bray announced on Tuesday
that Burdekin Shire will be one of 18 local government areas
that will be included in the 2019 Annual Valuation Program.
There is approximately 1.03 million properties representing 60
per cent of the Queensland roll in the 18 areas.
Burdekin along with the two Burnett Shires and parts of Cairns
Shire are the only shires in the program that have any sugar
cane related agricultural activity as an industry.
Shed meetings BPS and Farmacist are conducting shed meetings over the
coming weeks. Topics to be presented include: latest variety
trial results from this year, including newly released WSRA17;
information on nutrition and optimising inputs of all nutrients
during times of low sugar prices; grub control products and
maximising their effectiveness; updates on YCS and other
SRA research projects; and information on fallow management
options. If any groups or growers have specific information or
topics they would like covered, please contact your BPS Field
Officer and we will try to provide this information. Growers are
welcome to attend another group if they cannot make it to their
regular shed meeting.
Date Time Group Venue
Mon 29 Oct 1:00pm
Jardine/Mona Park/Barratta L Smith
Tue 30 Oct 8:30am Millaroo/Dalbeg J Cambruzzi
Tue 30 Oct 1:00pm
Clare/Mulgrave/Stockham Rd Clare Club
Wed 31 Oct 8:30am Giru/Shirbourne D Poletto
Thur 1 Nov
8:30am Selkirk/Haughton/Bartlett/Upper Haughton
SISL
Thur 1 Nov 1:00pm
Aerodrome/Colevale/Town/Pioneer Mill B Lago
Fri 2 Nov 8:30am
Jarvisfield/Kilrie/Rita Island Quartermaine
Mon 5 Nov 8:30am Airdmillan/Burstalls N Formalin
Mon 5 Nov 1:00pm Waterview/Sextons E Pearce
Tue 6 Nov 8:30am
Airville/Dicks Bank/McDesme BPS Shed
Biomass & bio-manufacturing CANEGROWERS Burdekin Chair and manager along with
other grower representatives attended a meeting and
presentation with consultants that was facilitated by the
Burdekin Shire Council earlier this week.
In a media statement released in August, State Development &
Manufacturing Minister Cameron Dick said Brisbane based
company Leaf Resources is proposing a biorefinery that would
use patented technology known as Glycell to speed up and
reduce the cost of converting plant waste such as sugarcane
fibre into sustainable chemicals, biofuels and bioplastics. The
company will use its funding from the government’s Biofutures
Acceleration program to conduct validation works and pre-
feasibility studies into plant waste and biomass. The full text of
the Minister’s media statement can be read by clicking here
Under the funding from the State Government’s Biofutures
Acceleration program the consultants were visiting the
Burdekin as part of their investigations for the pre-feasibility
study.
The consultants presented an overview of the technology
which is being trialled in a pilot plant in the Netherlands.
More information on Leaf Resources is available at the website
www.leafresources.com.au
The consultants have also had discussions with Wilmar
regarding the technology’s application to cane trash.
Cessation of harvesting & crushing Wilmar have advised based on an expected final crop of 8
million tonnes, no further rain disruptions and revised factory
throughputs, harvesting is currently expected to finish on the
following dates:
Kalamia Wednesday, 7 November 2018
Invicta Friday, 9 November 2018
Pioneer Sunday, 11 November 2018
Inkerman Tuesday, 13 November 2018
This date will be reviewed regularly and any changes will be
advertised through Wilmar Sugar‘s GrowerWeb and the weekly
production report in the local newspaper.
STL Grower Director elected STL have informed the National Stock Exchange that at the Annual General Meeting held on 24 October 2018, G
class shareholders elected Mackay grower and CANEGROWERS member Mr Tony (Anthony) Bartolo as a Grower Director of
the Company.
Mr Bartolo replaces Mr Con Christofides, who retires as a director and, having served three consecutive terms, is not eligible for re
-election. The votes received for the position recorded Burdekin growers Owen Menkens as the next closest with Dean Sgroi
further afield.
Details of the voting and the Chairman’s AGM address can be found in the news section of the STL website –
www.sugarterminals.com.au
4
SRA welcomes Mr Peter Russo and Mr Sam Bonanno to Board of Directors
Sugar Research Australia (SRA) has announced the appointment of two new Board members and the re-election of two existing
Directors at its Annual General Meeting (AGM) today in Brisbane.
Mr Peter Russo and Mr Sam Bonanno join the Board alongside existing Directors Dr Ron Swindells (Chairman), Mr Steve
Guazzo, Dr Helen Garnett, Ms Lindy Hyam, and Dr Guy Roth.
Dr Ron Swindells and Dr Guy Roth were re-elected to the Board at the AGM.
The Board recommendations were made by an independent Director Selection Committee (DSC), which was led by Chair Ms
Kathryn Adams and included sugarcane milling representatives Mr John Pratt (Wilmar Sugar) and Mr Stewart Norton (MSF
Sugar), and sugarcane growing representatives Mr Paul Schembri and Mr Allan Dingle. The recommendations of the DSC were
accepted by SRA Members at the SRA AGM.
New Director Mr Peter Russo has over 40 years of experience in sugarcane growing and milling.
Working in a farming partnership with his two sons in the Childers region, he is knowledgeable in all aspects of sugarcane
farming and is particularly passionate about the adoption of innovative practices ranging from irrigation to land management to
harvesting. He is Chairman of the Board of the Isis Central Sugar Mill and has served on the Board since 1990.
New Director Mr Sam Bonanno is an independent management consultant with more than 35 years’ experience in ports, logistics,
infrastructure and mining operations in Australia and overseas. His experience has encompassed strategic planning and
implementation, commercial negotiations, business planning, operations management, asset management, project management,
materials processing and bulk supply chain management.
SRA Chairman Dr Ron Swindells welcomed Mr Russo and Mr Bonanno to the Board.
“Both of our new Directors bring specific and valuable expertise to the Board and they will assist SRA to continue to deliver
productivity, profitability and sustainability outcomes for growers and millers,” Dr Swindells said.
He also thanked outgoing Directors Dr Ian Johnsson and Mr Ian Sampson.
“Dr Johnsson has been on the SRA Board since the formation of the company and brought considerable expertise in research
management to help SRA successfully establish during its
formation in 2013. He was a member of the SRA Research
Funding Panel (RFP) for three years, and provided a valuable
role in helping SRA invest in high impact activities for the
industry. He has also served on the SRA Audit and Risk
Committee,” Dr Swindells said.
“Mr Sampson has been on the Board since 2015 and also made
a strong contribution to SRA, particularly around strategic
planning and driving safety culture, through his experience in
senior management positions, leadership, and the sugar
industry. I also thank Ian for his contribution as Chairman of the
SRA Audit and Risk Committee.”
5
2017/18 Performance Report outlines SRA’s achievements Sugar Research Australia (SRA) has
released a comprehensive report on its
performance for the 2017/18 financial year,
with this publication explaining how SRA has
delivered return on investment for its industry
and government investors.
In releasing the 2017/18 Performance
Report, SRA CEO Mr Neil Fisher said that SRA was committed
to keeping all investors, research partners, collaborators and
other stakeholders informed regarding the value that is
provided by SRA.
“Our annual Performance Report details the achievements of
SRA and how they align to our Annual Operational Plan and
our five-year Strategic Plan,” Mr Fisher said. “This
Performance Report provides robust, quantifiable and
meaningful data that articulates how SRA is creating impacts
and outcomes for sugarcane growers and millers.”
For example, in the 2017/18 financial year SRA helped
optimise the feed-train of 24 harvesters, reducing sugar loss for
the value chain and improving profitability.
SRA also released six new sugarcane varieties that have a
range of productive traits for growers and milllers, and we
developed the CogCalibrator tool to make calibrating fertiliser
boxes easier and allow growers to save money on their
fertiliser inputs. SRA investment also saw the development of a
blueprint for sugarcane mill managers to guide improvement
strategies. This blueprint details new processing technologies
and their cost-benefit relative to conventional technologies in
the Australian industry.
Mr Fisher said that SRA has also embarked on major initiatives
to improve the adoption of technology in the industry, and to
modernise the sugarcane breeding program.
SRA is the industry-owned company for research, development
and adoption for the Australian sugarcane industry.
“SRA has listened to our investors and their need for us to
demonstrate how we are providing value,” Mr Fisher said. “We
are delivering against the four goals in our Strategic Plan:
driving profitability; improving sustainability; enhancing
capability; and strengthening organisational excellence.
“Our Performance Report is one tool we use to communicate
how SRA is delivering for our investors against these
overarching goals.”
The Performance Report is available on the SRA website
here.
6
CANEGROWERS Queensland … taking up the fight on all issues affecting cane farmers
Executive Comment ✓ Took part in an Energy Charter teleconference with Energy Consumers Australia.
✓ A Policy Council teleconference was held to update Councillors on current activities, in particular to outline the process and arrangements for a range of AGMs (SRA/STL), proposed agenda for the November policy council and status of current trade discussions.
✓ Attended the graduation of the Australian Rural Leadership Foundation TRAIL Program in Canberra. Three CANEGROWERS-sponsored growers were on the course - Simon Ricciardi (Isis), Frank Perna (Mackay) and Jason Salvetti (Tableland) along with Bundaberg staff member Tanya Howard (sponsored by National Irrigators' Council).
✓ Attended the Australian Farm Institute’s Ag Roundtable in Canberra. The roundtable focused on the issues of emotion and science. With almost all agricultural industries being challenged by some form of social, market or media scrutiny on farming practices, the discussion was extremely relevant to CANEGROWERS. CANEGROWERS is a member of the Australian Farm Institute. The Institute brings members together to conduct policy research into matters of common interest. As such it does not do advocacy but informs the advocacy efforts we conduct on behalf of our members.
✓ Attended the NFF National Congress, also held in Canberra. The congress is conducted every second year. The theme this year was Diversify. The session focused on not just the traditional issues of farming systems diversification through the adoption of technology and research, but also on diversification in leadership structures, involving younger leaders and women in our industry and ways in which we meet the challenge of building our sector to a $100bn industry by 2030.
✓ Ongoing work on the Indian subsidies issue and lodging a case with the WTO through multiple meetings with industry and government stakeholders.
✓ Qld Government AgSAG (Agriculture Stakeholder Advisory Group) teleconference regarding and update on, Reef regulation plans from the Qld Government.
✓ Attended the ACCC’s Agriculture Consultative Committee meeting. The ACCC Chairman (Rod Sims) and Agricultural Commissioner, Mick Keogh, provided updates on ACCC work on water markets, energy pricing and reviews of several codes of conduct and class exemption proposals.
✓ Industry strategy meeting with Tracy Henderson of SRA.
✓ Meeting with Australian Beverages Council and ASMC to discuss sugar and nutrition issues.
✓ Catch-up with ASMC and Australian Beverages CEOs.
✓ Attended Reef Advisory Committee Meeting.
✓ Ongoing work on Industry Good Funding.
✓ Attended a meeting organised by QFF with Minister Littleproud to receive an update on the government ’s ag portfolio priorities heading into the election.
✓ Attended AustSafe Board Meeting and site tour of Brisbane Markets in Rocklea.
✓ Attended a meeting with the Department of Agriculture and Water Resources, along with QFF, to discuss Australia’s rural innovation system.
✓ Preparations are well underway for next month’s Policy Council meeting taking place on 13-14 November.
✓ Meeting with QFF and Opposition Leader, Deb Frecklington, to discuss ag industry priorities for the LNP.
✓ Meeting with other farmer groups in briefing Senate candidates on Sugar Industry Code of Conduct.
NFF Congress ✓ CANEGROWERS attended the NFF Congress in Canberra. The Congress theme was Ag Diversity. The focus was on
leadership with farming and political leaders sharing their thoughts on the industry’s challenges and opportunities for greater diversity across agriculture.
✓ Global Markets. The Congress discussed global conditions, and how policies which diversify everything from our export markets to our capital sources, can place us on a strong footing for the future.
✓ People. The Congress explored how people with new backgrounds and skills are continually reshaping our industry and the communities it supports with ideas and knowledge.
✓ Australia’s competitive edge relies on embracing diverse new business, farm management and environmental stewardship practices. The Congress looked at latest research and technology including robots and blockchain aimed at making farms more efficient and sustainable.
✓ The Congress held a number of panel sessions and keynotes which should be available on the NFF website in the coming weeks.
Australian Farm Institute Roundtable ✓ CANEGROWERS attended the AFI Roundtable in Canberra called evidence meets emotion. Areas of discussion included
community trust and social licence to operate, an issue that is a challenge across agriculture.
✓ Environmental Policy with discussion on climate, vegetation management and land use.
✓ Data was also a theme with access to good data, privacy and how it can be used effectively.
✓ The roundtable highlighted that CANEGROWERS are working on these issues and are in front of some of these challenges – particularly social licence and telling our story.
Trade ✓ CANEGROWERS is continuing to work with the Australian government and members of the Global Sugar Alliance in support
of coordinated action to be taken against Indian sugar export subsidies.
7
CANEGROWERS Queensland … taking up the fight on all issues affecting cane farmers
Reef Regulations ✓ Meeting with the new advisor to Minister Leanne Enoch. Discussions focused on the proposed amendments to the reef
regulations and CANEGROWERS concerns with sediment and nutrient management plan regulations.
✓ Other discussions included Land Restoration Fund, Smartcane BMP and industry engagement in reef programs and sustainability issues.
✓ Provided input to the response to the reef regulations compliance story. Followed up phone calls on this matter from frustrated growers and members.
Cane Burning ✓ CANEGROWERS met with Queensland Rural Fire Services to discuss the process for a review of the cane burning options
available to growers.
Bioenergy Australia Conference ✓ CANEGROWERS attended the Bioenergy Australia Conference in Brisbane. It was clear that compared to other bioenergy
options the sugarcane industry has a potential competitive advantage for larger scale bioenergy production and sugar cane is a standout as a potential reliable, high yielding feedstock source.
✓ Many of the projects reported on were small and/or still in proof of concept/pilot/ demonstration stage.
✓ MSF were the only sugar related project reported on and clearly this is a much larger project than most and shows that the sugar industry has the potential to produce significant bioenergy.
✓ Providing a strong business case and raising finance was difficult with the added issue of uncertainty or lack of Government policy.
Agriculture Water and Energy Meeting ✓ CANEGROWERS and other peak bodies met with relevant opposition shadow ministers and discussed the progress on
agricultural tariffs after 2020 and water pricing with mechanisms for reviews. Future meetings would include other issues like vegetation management and reef regulations.
Electricity ✓ The Agriculture Industries Energy Taskforce of which CANEGROWERS is a member engaged Sapere Research group to
review and critically assess data published by the Australian Energy Regulator in relation to the profitability of regulated Australian electricity networks. The report is being finalised and will be released in the coming days.
✓ Sapere’s main findings are:
Over the four years to 30 June 2017 the aggregate actual returns received by the networks exceeded allowed or normal returns by more than $2.1 billion or 9.9 percent.
The method used by the AER to determine the allowed rate of return, materially over-estimates the systematic risk exposure of the networks. As a result, the Rate of Return Objective (ROR Objective) in the National Electricity Rules (NER) is being breached. This is also a breach of the National Electricity Objective (NEO).
Because actual returns are not measured, the Rate of Return Guideline is an error reinforcing process, not an error correcting process.
✓ Sapere is currently working with CANGROWERS to respond to the Energy Queensland (EQ) draft Regulatory proposal and Tariff Structure Statement 2020-25. It is a concern that the EQ has not engaged CANEGROWERS on issues raised during preparation of the draft report.
✓ CANEGROWERS participated in a Powerlink stakeholder feedback process. The key concerns raised were in relation to Powerlink’s escalating investment in its transmission network.
Biosecurity Partner Forum ✓ Attended the Biosecurity Partner Forum in Brisbane run by Queensland Government, Biosecurity Queensland and the
Australian Government Department of Agriculture and Water Resources. The forum had presentations and workshops on themes including:
Collaborative governance and leadership which focused on the new Biosecurity Partners Queensland board, the three-year review of the Biosecurity Act 2014 and a joint governance panel on collective priorities and improved shared decision making in biosecurity.
Investment and impacts workshop which examined biosecurity resource investment and asked participants to develop and agree to principles on future investment.
Communications and behaviour science which discussed the level of awareness of Queenslanders to emergency responses and it looked at case studies for white spot disease, fire ants and Panama TR4. Discussion focused on an action plan to apply knowledge to change behaviour and empower people where new roles and responsibilities are expected.
Bright ideas and better ways – presentations on innovative technology, tools and systems and their application to biosecurity. Discussion talked about investment options for effective and efficient targeted biosecurity research and innovation.
8
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
2018 Season 413.46 -4.60
2019 Season 438.32 -3.72
2020 Season 438.09 -7.04
2021 Season 428.85 -9.08
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
Net pool price
($/Tonne IPS)
QSL Harvest Pool $375
QSL Actively Managed Pool $366
QSL Early Start Actively Managed Pool $368
QSL Guaranteed Floor Pool $343
QSL US Quota Pool $638
QSL 2-season Forward Pool $394
Advance Rates are based on a grower's individual estimated final sugar price.
For more information growers can access Wilmar'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 Default Pricing
Indicative price
Jun -17 65% 246.26
19 Jul 18 65% 246.26
16 Aug 18 65% 225.42
20 Sep 18 65% 225.42
18 Oct 18 70% 248.09
15 Nov 18 70% 248.09
20 Dec 18 75% 265.82
17 Jan 19 80% 283.54
21 Feb 19 85% 301.26
21 Mar 19 87.5% 310.12
18 Apr 19 90% 318.98
16 May 19 95% 336.70
20 Jun 19 97.5% 345.56
Jul -19 100% 354.42
Wilmar Indicative Future Sugar Prices
as at 26 October 2018
2018 Season Advances Schedule
As at 19 October 2018
QSL Indicative ICE 11 prices
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 2018 Pool Prices
As at 19 October 2018
2018 Season Advances
Schedule
As at 28 September 2018
Applicable from Default Pools %
Rate
Default Pricing
Indicative price
Initial 60% 217.95
23 Aug 18 65% 224.97
18 Oct 18 70% 240.34
22 Nov 18 72.5% 275.16
13 Dec 18 75% 284.64
24 Jan 19 80% 303.62
21 Feb 19 82.5% 313.11
21 Mar 19 87.5% 332.09
18 Apr 19 90% 341.57
16 May 19 92.5% 351.06
20 Jun 19 95% 360.55
July 19 100% 379.53
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
Net pool price
($/Tonne IPS)
Wilmar Production Risk Pool $348
Wilmar Managed Pool $347
Wilmar US Quota Pool $660
Estimated Wilmar 2018 Pool Prices
As at 28 September 2018
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.
For the 2018 Season Production Risk Pool we forecast that the quantity of sugar in the Pool
exceeds the downside risk to the crop (i.e. at the commencement of the Season, the Pool is
greater than 30% of total estimated PPA sugar). Accordingly the Pool Manager has
commenced pricing that portion of the Pool that exceeds this downside risk to the crop.
Last month, Wilmar advised that it had altered its reporting format for the US Quota Pool. In
fact, Wilmar has made further changes to the way it will report sugar sales into the USA. The
key points to note are:-• The US Quota Pool will only include sales made against the specific
Certificates of Quota Eligibility (CQEs) allocated to Wilmar by the US Government and those
which Wilmar is entitled to market by virtue of its share of MEI/GEI marketing tonnage.• The
tonnage and net returns resulting from those US Quota CQEs recently purchased from other
Queensland marketers and sold onto the USA are not allocated to the US Quota Pool and will
be ascribed to the Production Risk Pool.
The monthly pool price report is available on the Wilmar grower web
9
1. More than 800 scientific studies and independent regulatory safety assessments support the fact that glyphosate does not cause cancer or environmental harm. Opinion shouldn’t be used to determine policy or law. Read QFF’s QCL column HERE.
2. The 2017-18 year has been another positive year of progress and achievement for the Queensland Farmers’ Federation as the organisation continued to drive improvements in the operating environment for farmers. Read the QFF 2017-18 Annual Report HERE.
3. Expressions of interest for the Rural Economic Development Grants close on 26 October 2018. The program offers matched co-contributions of $250,000 for ‘shovel ready’ projects that build industry and grow employment opportunities across the agricultural sector. Details HERE.
4. No matter how good our sense of direction is, we can all get a bit disorientated sometimes and we might need to find that fence back to safety. Mary O’Brien wants the ‘Are you bogged mate?’ program to be that fence for rural men right across Australia. Read the article HERE.
5. The winning drawings for the Workplace Health and Safety Queensland Farm safety calendar competition have been announced. Check out the excellent drawings and order your copy of the 2019 calendar HERE.
6. Are you a farmer wanting to understand what’s really happening on your farm? The QFF-led Rural Jobs and Skills Alliance and CQUniversity are holding Data Driven Decisions Workshops in Dalby, Bundaberg, Emerald and Ayr in November. Register Now!
7. QFF has been working with farmers and rural communities to recognise the importance of farm sustainability, and to grow and develop the waste and resource recovery sector in Queensland. Read QFF’s QCL column HERE.
8. “Farmers can manage for droughts if they are able to make use of water when it is available. Electricity prices are making it very difficult to manage water use in better times.” QFF's Ian Johnson spoke to The Australian about the water-energy nexus. Read the story HERE.
9. Queensland farmers affected by tropical cyclones are encouraged to get involved in a QFF project testing agricultural insurance products to improve their natural disaster resilience. For more information visit HERE and to participate in the project click HERE.
10. Want to know how QFF industry member CANEGROWERS and their Queensland producers are securing the future of their farms & the environment and communities in which they live and work? Watch the video HERE.
Smartcane BMP self-assessment workshops BMP self-assessment workshops will be held fortnightly on
Monday mornings (9 –11 am) with the next meeting scheduled
November 5.
The self-assessment is the first step towards BMP
accreditation. Growers who have completed the self-
assessment and would like to continue on to accreditation
should also contact Terry or Jasmine.
Please RSVP to:
Terry Granshaw - 0437 553 149
Jasmine Connolly - 0438 934 601
Terry Granshaw 0437 553 149
IrrigWeb workshops IrrigWeb workshops will be held fortnightly on Thursday
mornings (9 - 11 am) with the next meeting scheduled Nov 8.
Workshops will cover: setting up a farm and paddocks;
determining the irrigation point; and entering irrigation
information.
You will need an internet capable laptop or tablet. Phones are
suitable for recording irrigation events but their screens are too
small for the initial setup. If you don’t have a laptop or tablet
please let us know so we can organise one.
Please RSVP to Marian Davis - 0428 927 079.
Jasmine Connolly 0438 934 601
10
Register using the Workshop Application form and return by email to [email protected] Friday 2nd
November 2018
The Rabobank team invites you to join our inaugural
Sugar Symposium – Food Energy Future 2018
A global knowledge event tailored for the Australian
cane industry; designed to inform, engage and
challenge.
When:
Friday 16 November 2018
11.30am
Where:
Burdekin Theatre
161 Queen Street
Ayr Qld
RSVP:
Thursday 1 November 2018
Click here for more event details
Contact Us
HEAD OFFICE
141 Young Street, Ayr
Office Hours Mon - Thurs: 9am - 5pm
Fri: 9am - 3pm
4790 3600
CANEGROWERS Hall
68 Tenth Street, Home Hill
Wayne Smith General Manager 0428 834 802
4790 3604
Michelle Andrews
Manager: Finance & Admin 4790 3602
Tiffany Giardina Payroll & Administration 4790 3601
Racheal Olsen Solaris Insurance Brokers
Manager [email protected]
4790 3606
0408 638 518
Email address: [email protected]
DIRECTORS
Phil Marano
Chair
[email protected] 0404 004 371
Owen Menkens
Deputy Chair
[email protected] 0409 480 179
Steven Pilla [email protected] 0417 071 861
Roger Piva [email protected] 0429 483 815
Sib Torrisi [email protected] 0429 827 196
Greg Rossato [email protected] 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 Fortnightly 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: [email protected]
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
information provided in this newsletter.
Burdekin Cane Auditors—Workplace Coordinators
Site Name Email Phone
Invicta Ray Collinson [email protected] 4782 9153
Kalamia Geraldine Cantarella [email protected] 4783 0319
Pioneer Sue Wright [email protected] 4782 5346
Inkerman Mark Saunders [email protected] 4782 1020
