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Dear Growers
In the twelfth week of the 2021
season the district was heavily affected by weather which
included rainfall from 20mm up to 100mm at the base of the
Cardwell Range. Victoria Mill has crushed 36,000 tonnes so far
this week since this morning at a CCS of 13.1. And Macknade mill
has crushed 17,896 tonnes so far this week with a CCS of 12.2. As
you maybe aware Victoria mill stopped crushing last Tuesday
afternoon and Macknade stopped Tuesday night. The mill is
expecting around 8,000 tonnes today with 26 harvesters wanting to
have a go today and is expecting around 13,00 tonnes tomorrow .
The mill advised that they will make a call to possibly start the
Macknade mill on Sunday afternoon.
The mill has used the downtime to
carry out maintenance on Victoria and Macknade mills which means
there will be no planned stops for next week.
Frank Scardamaglia
Manager
CANEGROWERS Herbert River
Email: frank_scardamaglia@canegrowers.com.au
Phone: 0475 818 800
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CANEGROWERS Herbert River Podcasts
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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.
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Some of the REASONS Global Fertiliser Prices Have
Reached Their Highest Levels Since 2012
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From Mid 2020 to mid 2021, prices of CBOT Soy, Corn,
and Wheat either nearly doubled or more than doubled. For the
most part, this propted farmers to increase application rates in
pursuit of higher yields with greater revenure potential. After
serveral years of low margins, farmers in the US took the
opportunity to refill soil nutrients, which futher incentivised
heavy applications. These demands pressures were exacerbated by
constraints on nitrogen, phosphate and potash supplies. New
nitrogen supply capacity was due in India nad Nigeria but was
postponed. The US imposed countervailing duties against Moroccan
and Russian phosphate which added price pressure while trade
routes were rearranged. Potash availability concerns pused up
prices all over the world after the EU placed sanctions on
Belarussian exports. While the EU sanctions only impacted 15% to
20% of exports, the main concern was that US sanctions would also
be put in place. It is expected that elevated feriliser prices
are here to stay for at least the rest of 2021 which is supported
primarily by demand fueled by high commodity prices.
The above is an extract from Rabo Bank report.
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Spreading the sustainability story
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CANEGROWERS
participated in a panel session at the 2021 Queensland Bioeconomy
Forum in Brisbane. The event brought together stakeholders
in industrial, agricultural and environmental biotechnology to
discuss ideas and technologies to meet global demand for more
sustainable energy, processes and products. CANEGROWERS shared
the work being done with Smartcane BMP and blockchain which could
leverage sugarcane as a feedstock for new industries.
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Upcoming SRA webinar: Enhanced-efficiency nitrogen
fertilisers: Potential benefits and selection of products for
sugarcane
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Dr Weijin Wang will present research findings
of the project: Smart blending of enhanced efficiency fertilisers
(EEFs) to maximise sugarcane profitability.
In this webinar, Dr Wang will share findings from
these trials, his views on EEFs in terms of their agronomic,
economic and environmental benefits, and selection of products
for cane farming. The webinar will be suitable for growers and
researchers.
To mitigate nitrogen (N) loss risks from the
conventional use of urea, many improved N fertiliser formulations
known as enhanced-efficiency fertilisers (EEFs) have been
developed and tested in various farming systems in the world.
Date: Thursday 9 September 2021
Time: 9:00am - 10:00am
Join online click here
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Growers want plastics ban to boost local
manufacturing
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Queensland’s sugarcane growers have welcomed today’s
start of a ban on some single-use plastic items in the state.
Representing the majority of the state’s growers,
CANEGROWERS believes the ban will help build the business case
for local products that are biodegradable, compostable and based
on a renewable resource, such as sugarcane.
Read the full media release by clicking on the
button below.
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HCPSL Approved Clean Seed plots planted for 2021.
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HCPSL has additional SRA28 now available at one of
its plots. Preference will be give to those growers who have not obtained
any Approved Seed cane to date; to ensure that they have some
clean material to plant on their farm in 2022.
Growers who wish to obtain SRA28 in 2021 will need
to hand cut the cane (max 200 stalks per grower). SRA28
will be available in larger quantities from the HCPSL Approved
Clean Seed plots in 2022, so growers need not panic or be
concerned that they can’t access material in the future.
Click on the button below to view the SRA28
factsheet with information concerning the variety.
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Invest in Hinchinbrook Official Launch
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Council is pleased to
officially launch the Invest in Hinchinbrook Prospectus.
This Prospectus aims
to support and grow investment opportunities within the
Hinchinbrook Shire promoting the benefits of investing in all
major pillars of our Shire which include tourism, agribusiness,
health care, real estate, small business and aviation.
This Prospectus is to
attract new investment, support developed businesses and
stimulate innovation across a range of business
activity. Council is strategically distributing the
Investment Prospectus to Ministers, bankers, accountants and real
estate agents to promote our district.
The community is
encouraged to download a copy of the Invest in Hinchinbrook
Prospectus from Council’s website, Economic Development page.
Hard copies of the Prospectus are available upon
request. For further information, please contact Council’s
Community and Development Services.
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QSL Update
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2022-Season Guaranteed Floor Pool
Nominations for the 2022-Season August Guaranteed Floor Pool are
now closed, with the pool's floor price established at $512/tonne
gross actual. A daily participation rate of 50% will apply
when the market exceeds this price. Click here for more details.
Expanded indicative pool results
We've changed the way we're reporting our pool
results, with gross actual results now incorporated into our
indicative pool prices. The change makes it easier to
compare pools results with current grower-managed pricing levels.
Click here for our latest indicative pool results.
QSL Grower Pricing Update
Raw sugar prices have spent the majority of August rallying
higher as the ever-deteriorating Centre South Brazil crop whipped
the market into a bullish frenzy. To date, the October 2021
ICE 11 contract has traded from its monthly low of 17.74 USc/lb
up to a high of 20.37 USc/lb, breaking the 20 USc/lb level for
the first time since February 2017. This has sparked a
fresh rush of grower pricing activity, with up to $610/tonne
gross actual and $545/tonne gross actual achieved in the 2021 and
2022 Target Price Contracts respectively. Click here to read our latest Grower Pricing Update.
QSL appoints new Independent Director
Former auditor and partner at Ernst and Young, Mark Hayward
(right), will join the 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. Click here for details.
Rolling option for IFC and SMHC
Growers using the 2021-Season Individual Futures Contract and
Self-Managed Harvest Contract are reminded they have until 15
September 2021 to price or roll any nominated tonnage in the
October 2021 contract (costs may apply). Contact your local QSL
team for more details or to activate your roll option.
Video Market Update
Don't miss our next video market update, scheduled for Wednesday
1 September from 4pm with QSL Treasury Manager Ginette
Barrett. 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.
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