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28 May 2021
Photo: Herbert River growers the Exelby family, from left, Brian, Jess, Joe and Evie.
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2021-Season Advances Schedule
 
QSL has released its Indicative Advances Schedule for the coming season, with an initial Advance rate of 65%.

This equates to an initial default payment rate of $316/tonne IPS net, based on an estimated combined QSL Harvest and US Quota pool value of $485/t IPS as of 14 May 2021.

It is important to note that this default payment value reflects the expected return for growers who are in the 2021 QSL Harvest and US Quota Pools only, and this initial expected return will fluctuate in line with market movements until the entirety of these pools' tonnage (incorporating the production buffer) is priced after the harvest. As such, it has a lot of room for variance, pending the outcome of future market movements.

Click here for details of the current 2021-Season Advances Schedule.
Ingham: QSL Board Meet & Greet

The QSL Board will visit the Ingham region on 1 June. All QSL growers are invited to come along for an update and chat with our Directors.
 
What: QSL Board & CEO Meet & Greet
Where: Ingham Bowls Club, 33 Ann Street
When: Tuesday 1 June 2021
Time: 5pm

Light refreshments will be provided.
Please RSVP to Grower Relationship Officer James Formosa on 0447 062 213. 
Payment info now
available in QSL App


QSL Direct growers can now access their QSL payment information via the QSL App.
The new Payments feature lists the payments made by QSL for each ABN and can be found under the 'MORE' button at the top of the page for each Season, as pictured right.
In addition to this, QSL Direct growers who also have notifications enabled will now receive a notification when QSL processes a payment for their ABNs.
To access these new features and to address a notification bug affecting some devices, please update your QSL App today.
QSL is rolling out an improved payment process for our growers in Wilmar milling districts from 1 July 2021. This includes new concise and easy-read statements, and simplified GST arrangements. For more information about this, please click here or come along to one of our regional QSL Updates, detailed below. 
Deferred Payment unavailable
 
Due to the new GST arrangements applicable for QSL growers in Wilmar milling districts from 1 July 2021, QSL's Deferred Payment option will be unavailable this year. 

For details of your payment options for the 2021 Season, please see your local QSL team.
Coming Events

The QSL Grow program is a proud supporter of the following industry events:

Sweet Days Hot Nights Festival (Burdekin)
  • First Fire, Burdekin Cultural Fair, Australian Hand Cane Cutting Championships
  • Event showcases and celebrates what is great about the rich agricultural lifestyle in the Burdekin. More info? Visit sweetdayshotnights.com.au
  • WHERE: Home Hill/Ayr
  • WHEN: 27 - 29 May 
Gearing up for a big weekend at the Sweet Days Hot Nights Festival are some of the QSL event team, from left, Russell Campbell, Kristen Paterson and Rebecca Love. 

Pioneer Valley Show (Pioneer Valley)
  • Regional Show (1 day). For more information visit www.pioneervalleyshow.com.au
  • WHEN: 13 June
  • WHERE: Finch Hatton Showgrounds, Pioneer Valley
Mackay Show (Mackay)
  • Regional Show (3 days). For more information visit www.mackayshow.com.au
  • WHEN: 15-17 June
  • WHERE: Mackay Showgrounds
Proserpine Show (Proserpine)
  • Regional Show (2 days). For more information visit www.showwhitsunday.com.au
  • WHEN: 18-19 June
  • WHERE: Proserpine Showgrounds
If you missed week's video market update. Click on the above image to be taken directly to our Facebook Page.
Third party payments (liens) 
Growers in Wilmar milling districts are reminded that any third party payments they have in place for the 2020 Season will automatically roll into the 2021 Season.

Growers who want to make changes to their third party payments for the 2021 Season will need to contact their local QSL team or call QSL Direct on 1800 870 756.
Changes to your farm arrangements
QSL Direct growers who are planning changes to their farm’s operating structure (such as a farm sale, new lease, transfer of entity or subdivision) ahead of the 2021 season, are asked to advise QSL as soon as possible. This is to ensure payments are made to the correct party at the right time. Farm transfers can take up to four weeks to process.
 
Growers and/or solicitors are asked to complete a Farm Sale/Lease Information Form and return it to QSLDirect@qsl.com.au
 
To download the Farm Sale/Lease Information Form, click here

For further information or assistance please contact your local QSL representative or QSL Direct on 1800 870 756.

Find your local QSL Grower Rep
To find the QSL Grower Representative/s in your region,
please
click here

QSL indicative pool prices

Click the link below for your region:


Bundaberg Sugar milling districts
Far Northern Milling milling districts
Isis Central Sugar Mill milling districts
Mackay Sugar milling districts
MSF Sugar milling districts
 Tully Sugar milling districts
Wilmar milling districts


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.

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Level 12/348 Edward St
Brisbane, Queensland 4000
Australia
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QSL (Queensland Sugar Limited) · Level 12/348 Edward St · Brisbane, Queensland 4000 · Australia