|
Welcome to your weekly overview of QSL news and information.
|
|
|
July contract roll complete
The first roll of the 2020-Season Target Price Contract took place earlier this week.
Under this process, any unpriced tonnage in the 2020-Season Target Price Contract had the portion allocated against the July 2020 ICE 11 contract transferred (or 'rolled') to the new prompt contract, October 2020.
The adjustment associated with this roll is 58 cents.
This means that for any remaining unfilled orders in the 2020-Season Target Price Contract, the market must now reach the target price + 58 cents before the order will be filled.
The 2020-Season Target Price Contract price now quoted by QSL reflects a 3:2:1 pricing ratio against the remaining October, March and May ICE contracts for the 2020 Season.
The next Target Price Contract roll is scheduled for 21 September 2020.
To learn more about rolling and the Target Price Contract, please click here.
|
|
|
Voting underway in six regions
Voting is now underway in the Mossman, Tableland, Herbert River, Burdekin, Central (Mackay) and Plane Creek milling regions to decide their local QSL Grower Representative Members.
For full details regarding the candidates and the voting process, please click here.
Grower voting papers also are available from all QSL regional offices and your local grower organisations.
Voting closes 5pm QLD time, Friday 17 July 2020.
|
|
Update shares market & pricing insights
Despite improvements in sugar prices, Australian sugar producers have seen their prices confined to the lower end of recent ranges due to the strong rally in our dollar.
Read more about what's been happening in the sugar market and grower pricing activity in this month's QSL Market & Grower Pricing Update, available by clicking here.
|
|
|
Meet the QSL team working for you
|
|
FACE OF QSL: Shannon Guy
Grower Services Manager
Hi, my name is Shannon Guy, and I'm the QSL Grower Services Manager with QSL.
I've been working at QSL for eight years, and I am part of the QSL Grower Services Team based in Brisbane. My role is to make sure that growers get set up with a QSL Direct account (and can login to the portal and/or the app!), get paid for their sugar on time, receive their financial reports and statements, and have their questions answered when they call 1800 Direct.
One of the things I love about my job is supporting regional communities by paying growers. And, when circumstances permit, getting up north to indulge in some freshly caught fish!
In my free time I love to kitesurf, snorkel, hike, fish and watch a Nordic Noir series. Even more occasionally, and typically when I should instead be sleeping, I love to watch my beloved Arsenal in a Champions League or FA Cup play off.
Favourite quote: 'Patience is not the ability to wait, but the ability to keep a good attitude while waiting'. - Anonymous
Did you know that QSL has been serving the Queensland sugar industry for nearly a century, and is proudly Queensland based and focused, with staff in 14 locations around the state. Our Face of QSL segment aims to help you meet the great team working for you, and will run on Wednesday on our Facebook page, and every Friday in the QSL Weekly Update.
|
|
|
What is the QSL Farm Transfer Information Form?
The QSL Farm Transfer Information Form is used to advise QSL of changes to your farming arrangements.
QSL Growers supplying Far Northern Milling, Wilmar Sugar or Mackay Sugar mills need to complete this form and return it to QSL if they are:
Selling a farm
Buying a farm
Leasing a farm
Subdividing their farm
Changing their ABN
For more information about this form or help with filling it in, please call your local QSL Grower Services Team or QSL Direct on 1800 870 756.
You can find the QSL Farm Transfer Information Form by clicking here.
Completed forms can be emailed to qsldirect@qsl.com.au or to your local QSL Growers Services Team representative.
|
|
|
Join the QSL Team on Facebook
Click on the logo below to go to our Facebook page.
Where you can:
- Meet our team
- Stay up-to-date with the sugar market & QSL news
- Get the tip on the 'Three Things You Should Know' for the coming week (video on Mondays)
- Boost your understanding of sugar market language with our Jargon Buster on Thursdays
- Like and follow our page, and more!
|
|
|
QSL Daily Market Snapshot
Click here
|
|
|
|
This report contains information of a general or summary nature. While all care is taken in the preparation of this report, the reliability, accuracy or completeness of the information provided in the document is not guaranteed. The update on marketing and pricing activity does not constitute financial, investment advice. You should seek your own financial advice. Nothing contained in this report should be relied upon as a representation as to future matters. Information about past performance is not an indication of future performance. QSL does not accept any responsibility to any person for the decisions and actions taken by that person with respect to any of the information contained in this report. You have received this email as you are subscribed to receive newsletters and other marketing material from QSL. We take your privacy very seriously. View our Privacy Statement on QSL’s website. When you make enquiries of QSL or sign up for QSL news or information, you thereby consent to QSL collecting and using the personal information that you provide to QSL in the operation of QSL’s business, which may include direct marketing. You may opt out of this service at any time if you no longer wish to receive any communications from us by using the unsubscribe function at the bottom of this email.
|
|
|
|
