Wednesday, April 30, 2025

Issue:

Mackay and Whitsunday Life

Nominations Open For Managed Pool Plus

Following the successful launch of our Managed Pool Plus for the 2025 season, we’re pleased to announce that we’re opening nominations earlier for the 2026 season.

Nominations for the Managed Pool Plus open on 1 May and close on 30 June 2025.

We’ve seen strong interest from growers who have experienced a couple of volatile seasons with unpredictable target pricing and are now seeking to share some of that pricing responsibility with Wilmar.

The enhanced Managed Pool Plus aligns grower exposure with miller exposure, creating a balanced risk profile.

Wilmar will contribute 30,000 tonnes of MEI sugar to the pool and will accept grower GEI nominations up to the same volume, ensuring a 1:1 exposure ratio in the final price outcome.

Our global marketing team will manage the pricing exposure throughout the life of the pool which, for the 2026 season, will be extended to two years.

This is an actively managed pool, meaning our team will strategically take positions on futures and currency markets, rather than simply following a passive, incremental hedging strategy. For example, the recent drop in the AUD below 60 cents allowed the 2025 pool to secure favourable currency rates.

While this strategy offers the potential for improved returns, it also carries increased risk. If you’re interested in learning how the Managed Pool Plus might support your pricing strategy, please reach out to your local Grower Marketing team representative.

In other news, we are currently looking to expand our team to strengthen the level of service we offer, as more and more growers choose Wilmar Grower Marketing. Our regional consultants deliver a broad range of services to help growers manage their sugar pricing strategies and we have a position open now in the Burdekin region.

Given that most of our growers forward price a significant portion of their GEI sugar, the most common question we hear is: What’s the sugar price going to do?

While we can’t predict the future, we do share timely insights and market assessments from Wilmar’s global team, highlighting the key factors influencing sugar prices.

Feedback from our recent grower survey showed that this in-field support is considered a valuable resource, and we take pride in providing it.

No two days in the role are the same. Some weeks are filled with grower queries about market movements, while others focus on assisting with cash flow planning or explaining the features of our new Managed Pool Plus.

At times, it can be a challenging role, especially during the pressure of harvest or when market expectations don’t play out. But for someone who genuinely wants to help growers navigate the complexities of sugar pricing, it’s an incredibly rewarding position.

If you have the passion, energy, and drive to succeed in this role, we’d love to hear from you.

In other news