Mackay growers were the first in Australia to be able to individually forward price, and have had access to innovative and flexible forward pricing arrangements for more than 15 years. Growers continue to have access to these options.

The forward pricing options available to growers through QCS are:

  1. GIPO forward pricing; and
  2. ‘MSL to Decide’ forward pricing.

GROWER INDIVIDUAL PRICING ORDERS (GIPO) FORWARD PRICING

If you prefer to manage your own forward pricing outcomes, you can do so via GIPO forward pricing.

You can price available GEI Sugar for up to three seasons ahead of the current season by setting $10 target price bands.

Via GIPO forward pricing, you can currently price up to:

  • 60% of your 2020 Season estimated GEI production;
  • 50% of your 2021 Season estimated GEI production; and
  • 40% of your 2022 Season estimated GEI production.

GEI sugar allocated to the GIPO forward pricing option becomes committed for the relevant season once it is priced. Until then, you can add or remove tonnage to or from the GIPO forward pricing option. Once priced, you must supply Mackay Sugar with sufficient cane to produce the committed sugar.

You can read the detailed terms for GIPO forward pricing here.

‘MSL TO DECIDE’ FORWARD PRICING

If you would like QCS to manage your forward pricing, you can nominate GEI Sugar to ‘MSL to Decide’ forward pricing for up to three seasons ahead of the current season. QCS will make the pricing and marketing decisions for all GEI Sugar allocated to the ‘MSL to Decide’ forward pricing option.

Via ‘MSL to Decide’ forward pricing, you can currently price up to:

  • 60% of your 2020 Season estimated GEI production;
  • 50% of your 2021 Season estimated GEI production; and
  • 40% of your 2022 Season estimated GEI production.

GEI sugar allocated to the ‘MSL to Decide’ forward pricing option becomes committed for the relevant season once it is priced. Until then, you can add or remove tonnage to or from the ‘MSL to Decide’ forward pricing option. Once priced, you must supply Mackay Sugar with sufficient cane to produce the committed sugar.

You can read the detailed terms for ‘MSL to Decide’ forward pricing here.

THE GEI MARKETING NOMINATION PROCESS

You can read more about the GEI marketing nominations process here.

If you’d like to complete a GEI marketing nomination for a future season (2021 Season and beyond), please download the form below, complete it and return it to Mackay Sugar via one of the methods on the form:

FIND OUT MORE

If you’d like to know more, please contact QCS Grower Services Officer Arthur Douglas on 0447 534 791 or via email.

Login to the Pricing Portal

If QCS is the marketer for all or some of your GEI sugar and you would like to forward price online, please contact us  to arrange access to the Pricing Portal.

Pricing Portal