Short Term Pool prices
Shared Pool price
The Shared Pool price for the 2019 Season at 30 September is AUD 258.64 IPS. The Shared Pool return is applied to around three per cent of your in-season tonnage (dependent on US Quota entitlements allocated to QCS for the season).
As per the Mackay Sugar cane supply agreement, the Shared Pool price is a combination of US Quota pricing (of AUD 643.39 at 30 September) per IPS tonne less QCS costs of AUD 7.41 at 30 September per IPS tonne.
The price a grower receives for forward pricing varies, dependent on that grower’s individual pricing decisions. The price is received in the season in which the sugar is produced and delivered, not the season in which it is forward priced.