Team Activity Picks Up

Simon Hood, Wilmar Manager Grower Marketing

As the ground dries out and activity picks up on farm, so does the activity of our Grower Marketing team. We are in the process of organising our popular shed meetings where we come on farm and update growers on our recent results, the global sugar market and new products or services we can offer.

This will be followed up in June with a regional tour by our Senior Sugar Trader Peter Bingham to deliver an in-depth analysis of global production and consumption forecasts and consequent price expectations. If you’re interested in attending one of these events near you, please reach out to your local consultant to
register your interest.

While talking with growers, consultants have also been setting up the pricing mechanisms for the 2025 season and checking that GEI nomination estimates line up with initial crop estimates. For growers who want to control their pricing more closely we recommend using the Grower Managed
Production Risk Scheme (GMPRS) for the last third of your 2025 season crop over the Production Risk Pool.

While the Production Risk Pool has been performing well over the past few years there is no guarantee of gaining a higher return versus pricing yourself and we have seen many growers achieve above average returns. Those growers who don’t market with Wilmar are unfortunately missing out even further, with our Production Risk Pool currently forecast to pay more than $23 a tonne higher than QSL’s Harvest Pool for the 2024 Season.

A quick reminder for growers that all Call, Target and GMPRS pricing for the 2024 season needs to be completed by 18 of April. On a similar timeline, the set-up of Call and Target pricing for the 2025 season needs to complete by the end of April, so the GMPRS nominations can be opened at the beginning of
May. We are also getting plenty of enquiries about the opening of nominations for the 2026 season Managed Pool Plus, so stay tuned for further announcements on that opportunity.

When not helping growers with pricing and pooling information, the Grower Marketing consultants are out and about in the local communities. We are proud to have extended our sponsorship budget this year to include a range of sporting teams and community activities through the regions.

Recently several Wilmar Sugar and Renewables staff including our Burdekin Business Development Manager, Owen Richards, participated in an International Women’s Day Fun Run organised by Mater Chicks in Pink. The Sugar and Renewables team raised more than $1,200 for breast cancer research.

‍