QCS focuses on maximising returns to growers and the mill because what goes in your back pocket is the most important contributor to the success of your business.
QCS’ 2017 Season weighted average net pool price for ICE 11 managed pools was around $45 per IPS tonne of sugar more than QSL’s pool price, which equates to an extra $5.50 per tonne of cane for Mackay growers.*
QCS has accepted QSL’s stated basis for calculating its weighted average net pool price and calculated the QCS return on the same basis. There’s no lack of transparency about this calculation.
An additional $5.50 per tonne of cane goes a long way to offsetting the ever-increasing costs involved in cane growing, such as electricity, water, fertiliser and the like.
At the end of the season, costs and revenues like regional premiums and storage and handling costs make up a fraction of your total per-tonne price. The pricing and foreign currency exchange (forex) decisions of your marketer will always make up the overwhelming majority of the final pool price. QCS’ pricing team is the best in Queensland, with a proven track record and more than 20 years’ experience in commodity and forex risk management.
Of course, we don’t want to dilute the strong returns we’re achieving on your behalf, so QCS also focuses on maximising other revenues and keeping costs to a minimum. For example, our exclusive supply contract with Alvean provides some of the best premiums available to Australian growers—and our small size keeps costs low.
QCS will continue to provide you with information you need to make an informed decision about what’s best for your business’ bottom line for the 2019 Season and beyond.
If you would like to discuss these or any aspects of GEI marketing, please don’t hesitate to call us on 1800 774 246 and talk directly to the people who manage your pricing.
* QCS in-season pricing returns only apply to Mackay growers, as Mossman and Tablelands growers have different in-season pricing arrangements.