The latest art exhibit at TYTO Art Gallery opened on Friday and is open until the end of July. This ‘n’ That by Sue Hollamby brings Sue’s art style to life, she shares a charming collection of heartfelt works that showcase her genuine passion for art and creativity. In the new exhibit expect a lively blend of colour, imagination, and character in this wonderfully eclectic collection. The exhibit’s opening night was an extraordinary success, and attendees said it was wonderful to see art
Read the full story
First Deaths to Johnstone Division Records show that the first death in Cardwell was on 7th March 1864, and the first burial in the cemetery was that of a six-month-old female child later in 1864. The first European baby born in Cardwell was George Cardwell Peters, on October 9th 1864, and in 1866 the Province of Cardwell was proclaimed. The telegraph line reached Cardwell in December 1869 after five men lost their lives from Jungle Fever during its construction from Townsville. Cardwell’s first
Read the full story
Fans of legendary American country rock are in for a real treat when the Kings of Country Rock Tour hits the Lucinda Hotel on Saturday, 13th September 2025. This two-hour stage spectacular is much more than a tribute show. It captures all the sounds, energy and excitement of two of the biggest bands of the 1970s — the Eagles and Creedence Clearwater Revival. Featuring a cast of internationally respected musicians, the show promises a high-energy, crowd-pleasing experience that will have audienc
Read the full story
From the cane fields of Macknade to bookshelves across Australia, Angelina Mastrippolito’s debut memoir Le Seconde: Inheriting the Unspoken has made an inspiring impact. Her hometown launch, held at TYTO Conference Centre in Ingham, was a moving and memorable event, with more than seventy people gathering to celebrate her success. Friends, family, childhood neighbours and past classmates filled the room to show their support, purchase a signed copy, and hear Angie speak about her journey. The w
Read the full storySimon Hood
Wilmar Manager Grower Marketing
The New Year has heralded an unwelcome change in global sugar price sentiment, initially prompted by the world market getting more comfortable that the first quarter supply of sugar was tight but manageable. This resulted in a gradual deterioration of the ICE #11 March 25 futures premium over the May contract.
The speculative money sensed the path of least resistance was down, so they had been getting increasingly aggressive with their short-selling strategies. This was being met with scale-down trade buying. Then the rumour – and now fact – that the Indian government is issuing export licences for 1 million tonnes of white sugar, broke the market to the downside.
India's choice to issue export licences at this time is puzzling. Wilmar has been revising down sugar estimates for the current harvest due to a poor growing season combined with an increase in crop disease, and an increase in ethanol production. This results in a low domestic stock position of what is an important base energy source for a large proportion of the population.
With this harvest approximately 50 per cent complete, production is running behind schedule, and the increased disease is resulting in poor cane quality. Indian domestic sugar prices have rallied and, at current levels, it appears there is no incentive for sugar to be exported. The notion that the government would subsidise exports is a possibility but there appears little incentive for that to occur.
The wrap-up of the 24 season for Brazil is all but done, with the final sugar production estimated to be just under 40mt. Rain in Brazil has been reasonable over the last couple of months so there is some alleviation from the dry growing season of 24.
The current forecast for Brazil's 25 crop is for a large 42.5m tonnes of sugar production. The increase is based largely on the assumption of a 52 per cent sugar to ethanol mix (24 season was 48 per cent).
So after a long period at the end of last year with minimal market news, the New Year has started with a flurry. How this plays out is yet to be determined. The structure of futures prices is relatively flat so the current consensus of the market is an each-way bet.
Fortunately, the AUD has weakened significantly over the past couple of months, which has dulled the impact of the falling futures market. However, at 62 cents, the AUD is at levels that historically have proven good buying, so it could be vulnerable to a rally on the back of USD weakness linked to the changing mood of Trump.
Publishers Indemnity. Any individual or entity that places advertising, supplies copy material, or submits editorial content to Core Life Publishing agrees and undertakes to ensure that all such material:- Does not infringe upon any copyright, trademark, or other intellectual property rights;- Is free from any content that could be considered defamatory, libelous, or slanderous;- Does not infringe upon any rights related to privacy or breach of confidence;- Contains no obscene, indecent, or otherwise unlawful material;- Complies fully with the Trade Practices Act and all other applicable laws, regulations, or statutes.Furthermore, by submitting or placing such material, these individuals or entities agree to indemnify and hold harmless the publisher, Core Publishing and Events Pty Ltd, and/or its agents from and against any and all investigations, claims, demands, liabilities, damages, costs, or judgments arising out of or in connection with the material provided. All material is believed to be accurate at the time of printing and remains the copyright of Core Publishing and Events Pty Ltd.
© 2024 Life Publishing Group Ltd.
.jpg)
