LMC International Sugar Price Forecasting Service
Click here to download form 40KB (free subscription for CANEGROWERS Members)
As more and more growers are taking advantage of the ability to forward price their cane, CANEGROWERS has become aware that there is a demand for more useful analysis of market trends. There are plenty of analysts who attempt to explain why the market is where it is at any point in time. Getting people to commit their thoughts on where prices may go in future is not as common. CANEGROWERS has been working on ways to provide this information. It has now made arrangements with the respected Oxford-based LMC International, one of the leading independent economic and business consultancy for the agribusiness sector around the world. LMC has agreed to provide CANEGROWERS with a “Sugar Price Forecasting Service” and this is now available to CANEGROWERS members.
LMC’s analysis is based on statistics and mainly concentrates on the demand and supply of sugar and ethanol from cane in Brazil, while including information on other important markets such as India and China. It may not suit everyone. The main report is about 15 pages and there is an explanatory Annex of about 25 pages. While LMC present their expectations of where prices may go and explain in depth the logic behind their projections, theirs is still but one opinion. Reading the report can assist a farmer’s personal knowledge of factors influencing the market but cannot be the only source of information.
The first edition of the report is now available. It will be updated quarterly; CANEGROWERS agreement with LMC is initially for two years. Members who sign up for the reports will be sent copies as they become available. The reports will be distributed electronically, although special arrangements can be made for those who would prefer a hard copy. To be eligible to receive copies of the reports, members will be required to fill in an application form that included acceptance of disclaimers acknowledging that CANEGROWERS does not hold an Australian Financial Services Licence, that any decisions based on them are at the decision maker’s own risk and that the reports may not be distributed. Members may choose to receive the Main Report only or the Main Report and Annex.
For those who sign up, there will be access to a summary graph showing LMC's expectations of the path of price movements from now to the middle of 2012, accompanied by a wealth of data, graphs and logic justifying the forecast. We are sure the reports will be a hit! And we will be very keen to get feedback; we are looking forward to readers’ reactions and will be asking whether there is too much or too little information, whether you like the format and how the reports can be tailored for CANEGROWERS members. Those who have seen the reports are excited by them and we look forward to building on the partnership with LMC and other industry analysts to improve the flow of useful information to our members.
To obtain a subscription to the report, either download a copy of the subscription form below, or call us on 1800 177 159 and request a copy be faxed out or posted. Click here to download form 40KB (free subscription for CANEGROWERS Members)