New sugar marketing and pricing opportunities have given cane growers new opportunities. To make the most of those opportunities, understanding your cost of production and how to reduce risk through forward pricing is essential.

In the 2020 season, growers who actively engaged in forward pricing secured better returns than those that did not. This is your opportunity to learn how to increase your profitability.

CANEGROWERS has teamed with TAFE Queensland, and the Rural Jobs Skills Alliance to create a course for sugarcane growers in this new environment. The course will develop:

• the ability to better understand and interpret financial reports and costs of production
• understanding of factors that influence commodity (sugar) prices
• strategies to manage the risk of price fluctuations
• knowledge of forward pricing tools and other emerging technologies and marketing tools
• understanding and management of business risks

Growers who enrol in this skill set will complete the following units:

• Manage small business finances (BSBSMB421)
• Manage risk (BSBRSK501)

The program will be delivered face-to-face by CANEGROWERS experts over two days at regional locations in most cane-growing districts. Final locations will depend on participation levels.

Use the form to register or contact your district CANEGROWERS office. Be sure to tell us your preferred location. Once you register, you will receive a confirmation email. When the program is ready for enrolment, we will contact you.

The program will be delivered between February 2021 and May 2021.

COST

Training through this program is proudly delivered by TAFE Queensland, thanks to CANEGROWERS and the Queensland Farmers' Federation, representing the Rural Jobs and Skills Alliance as part of their Regional Industry Training Solutions strategy—providing agricultural skills based on local demand. The program is part funded by the Queensland Government, through the Department of Employment, Small Business and Training.