Hedging bets pays off for Sunshine Sugar

By Jamie Brown
August 23 2017 - 4:45am
Raw sugar at Harwood refinery prior to packing. The Nsw sugar Milling Co-operative has hedged part of its product in recent years and shipped tonnage to Japan, realising a better cash return for its member growers.
Raw sugar at Harwood refinery prior to packing. The Nsw sugar Milling Co-operative has hedged part of its product in recent years and shipped tonnage to Japan, realising a better cash return for its member growers.

A 30,000 tonne shipment of NSW’s raw sugar is making its way to Japan, having been purchased by Japanese trading company Toyota Tsusho which provides Australian sugar to Japan’s largest sugar refiner.

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