New su­gar pro­posal pre­sented to grow­ers

Whitsunday Times - - WHITSUNDAY BUSINESS -

WIL­MAR Su­gar Aus­tralia has started pre­sent­ing cane grow­ers with a new part­ner­ship pro­posal fol­low­ing the an­nounce­ment of its de­ci­sion to exit the ar­range­ments with Queens­land Su­gar Limited (QSL).

The part­ner­ship is based on a new joint mar­ket­ing com­pany (JMC), de­signed to have equal num­bers of board seats for grow­ers and Wil­mar.

The board will ap­point a CEO to over­see raw su­gar mar­ket­ing by Wil­mar Su­gar Trad­ing (WST). The CEO will also co-or­di­nate stor­age and han­dling, man­age su­gar pric­ing and pools and ad­min­is­ter grower pay­ments.

Wil­mar’s ex­ec­u­tive gen­eral man­ager for North Queens­land, John Pratt, said through the JMC, grow­ers would see the ac­tual mar­ket re­turns on su­gar sales and be con­fi­dent that these were be­ing passed to them di­rectly.

Wil­mar started pre­sent­ing the mar­ket­ing part­ner­ship to larger grow­ers last week and will con­tinue to hold meet­ings with the boards of the grower col­lec­tives from mid-April. Grower con­sul­ta­tion ses­sions will be held in each re­gion in late April and early May.

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