The QCS in-season pricing options available to growers are the:
- Shared Pool; and
- Short Term Pool;
You receive a Shared Pool allocation, which includes a proportional share of the US Quota allocation for Australian sugar. The US Quota has a set participation level (between 2–5%), based on the limited, but generally favourable, ICE 16 futures market contracts available to Australian sugar. The allocation of 2–5% of your GEI estimate to the Shared Pool is compulsory.
You can read the detailed Shared Pool terms here.
SHORT TERM POOL
Your remaining available in-season GEI sugar is allocated to the Short Term Pool for QCS to manage.
The Short Term Pool is an uncommitted pool, meaning that, in most circumstances, there are no consequences if you do not deliver all of the in-season GEI sugar tonnage allocated to this pool.
You can read the detailed Short Term Pool terms here.
THE GEI MARKETING NOMINATION PROCESS
You can read more about the GEI marketing nomination 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.