Dear Growers 

In the tenth week of the season Victoria mill has crushed 78,000 tonnes up to 8am this morning at a CCS of 12.8. Macknade mill has crushed 49,800 tonnes to 8am this morning with a CCS of 12.9

The mill reported that wet weather reduced loading during the first few days of the week and gave Victoria mill the opportunity to bring forward maintenance day. The Mill also reported that it is struggling to get more than 30,500 loaded each day as a function of the number of bins in the fleet. They advised they are working on projects to have some bins turned around and used twice per day with an aim to increase loading. This is putting pressure on bin delivery to harvesting sector.

Wilmar have some Chinese bins at Plane Creek mill that they are shipping to the Herbert to assist. 

Wilmar also advised that work has started on the new bin fleet which will be ready for next season.

Frank Scardamaglia

Manager

CANEGROWERS Herbert River

Email: frank_scardamaglia@canegrowers.com.au

Phone: 0475 818 800

CANEGROWERS Herbert River Podcasts

Sugarcane growers in the Herbert River district have a history of working together, for the benefit of businesses, grower families and the Hinchinbrook Shire community. Listen to our podcasts by clicking on the button below and learn more about their stories and experiences.

In our latest episode hear from the team behind the Lower Herbert Water Quality Program's Project Catalyst.

Worker killed by piece of metal ejected from unguarded angle grinder

In June 2021, a worker died from injuries sustained while he was using a 9-inch (230mm) angle grinder to cut the base of a structural steel member at a commercial construction site in Brisbane. It appears a small metal shard was violently ejected from the cutting work and struck his neck. No guarding was fitted to the angle grinder at the time.

Click on the button below to read the full story.

Prompt and forward sugar prices higher in August

With production in Brazil hit by frost, the short term outlook for the world sugar market is for a deficit. That means prices are climbing. For a closer look at what's at play and what it means for you, watch the August 2021 video and download the PDF information by clicking on the button below.

QSL welcomes new Independent Director

Former auditor and partner at Ernst and Young, Mark Hayward (right), will join the Queensland Sugar Limited (QSL) Board from 1 September 2021 as an Independent Director.

Mr Hayward’s appointment has been made in preparation for the retirement of QSL’s current Chairman Guy Cowan, who will step down after 14 years on the board at the conclusion of his current term on 31 December 2023.

Mr Cowan said the appointment had been made prior to his departure to support a smooth transition.

Mr Hayward was a partner at global corporate advisory firm Ernst & Young for 31 years until 30 June 2020 and during this time served as auditor and adviser for companies with activities throughout Australia, Asia, the Middle East, Canada, the USA and South America.

He has both international and domestic experience in numerous industry sectors, including agribusiness, where he has worked with the sugar, cotton and beef sectors.

QSL Update

The market is rallying – get ‘appy’!

With 2021-Season prices edging closer to the $600/tonne gross actual mark and 2022-Season prices above $500 last week, the ability to easily track market levels and quickly place or adjust a pricing order can really pay off. QSL Direct growers are reminded they can easily access their accounts and manage pricing on the go via the QSL App, available free from the App Store (for iOS devices) and the Google Play Store (for Android devices). Not on QSL Direct? You can still use the app to keep up-to-date with sugar prices and receive personalised alerts when the market hits your preferred pricing levels. For help getting your app set up, see your local QSL team or watch our helpful 'How-To' videos, available by clicking here.

Detailed market reports

In addition to our daily price updates via the QSL App, text, email and the website, QSL also shares detailed market reports within the QSL Direct portal. These reports provide information on each ICE 11 and London (refined) trading session as well as sales and trading commentary. QSL Direct growers can find these reports – updated daily – under the Market Reports tab on their QSL Direct account's homepage.

Transaction summaries
QSL Direct growers are reminded that they can find a handy summary of all their QSL transactions for the last financial year within the Financial Reports section of their QSL Direct accounts. Quarterly and Annual Grower Account Statements are provided for each season you have marketed with QSL.

Tax time reminder
QSL growers in Wilmar milling districts are reminded that our new GST arrangements came into effect from 1 July 2021. As a result, our previous tax treatment applies for any 2020 and 2021-Season QSL payment made in the last financial year. Remember, the simple rule of thumb is:

·          

• Old Statement Format = Old GST Treatment
• New Statement Format = New GST Treatment

For further information, click here to read our handy statement guide, or contact your local QSL team.

Video Market Update

Don't miss our next video market update with QSL's Senior Manager Treasury & Risk Matt Page. These 5-minute snapshots provide a great overview of the key themes affecting sugar prices for Australian producers, and are available to watch any time via our Facebook page.

CANEGROWERS Herbert River Directors

Chris Bosworth    0418 983 507      ca_ltbosworth1@bigpond.com

Jeff Cantamessa  0418 182 067      jeff@jefcan.com

Paul Marbelli        0408 180 552      Marbie08@bigpond.com

Steven Marbelli    0417 621 970      marbi.70@bigpond.com

Michael Pisano    0429 113 465       Pisanom220@gmail.com

Terry Motti            0417 636 863      tezmot71@gmail.com

Sam Torrisi           0408 779 598      Torrisi5@itnq.com.au

Zenan Reinaudo   0400 762 103     mzreinaudo@bigpond.com