A 'few weeks' for cane agreements says Wilmar
WILMAR Sugar says it is close to wrapping up the long-awaited sugar deals with Queensland Sugar Limited.
In a letter to growers supplying Wilmar mills, executive general manager of North Queensland John Pratt said there were still "issues” that needed to be "worked through” in relation to on supply agreement with QSL and also cane supply agreements with growers.
"Last Friday night (April 21) we received further feedback from QSL on the GEISSA that we proposed on 27 March following our agreement-in-principle reached earlier in the month,” Mr Pratt said.
"QSL has asked for another face-to-face meeting next week, so hopefully we are moving closer to wrapping things up.”
"We have continued to progress negotiations with collectives for CSAs.
"We are continuing to discuss some operational matters with a couple of collectives, but generally we have narrowed the outstanding issues down to marketing arrangements that require the GEISSA to be settled.”
"Once the GEISSA is signed with QSL, we will focus on revising our various CSAs to make the changes that are required to facilitate the marketing arrangements agreed with QSL,” Mr Pratt said.
Wilmar expected it would be "a few weeks” before CSAs are ready to be signed.