Who We Are
We’re Moving Beyond the Canefields
MSF Sugar, whose heritage in Australia spans more than 125 years, envisions a future that centres on being a leader in the biofutures sector. With multimillion-dollar investments in green power plants, novel farming systems and agricultural infrastructure, together with our grower partners, we are committed to developing the sugarcane industry in Australia.
Our Corporate Head Office is located in Gordonvale, just south of Cairns and our major milling assets are located in Far North Queensland and the Fraser Coast region in South East Queensland. Internationally, we are part of the Thai-based Mitr Phol Group.
Our current assets include four sugar mills, which are located at Gordonvale, South Johnstone, Atherton Tablelands and Maryborough, supporting infrastructure (including cane railway networks), agricultural property and water rights to support our cane growing activities.
In addition to our milling and farming operations, we have built an $86M green energy power station at our Tablelands Sugar Mill. The power station uses a 100 per cent renewable sugarcane fibre known as bagasse to produce 24 megawatts of electricity – which, after commissioning, will be enough to power every house in the Atherton Tableland region.
Latest News
Pool Price & Market Update – February 2021
2021 Forward Pricing Update
MSF has filled 2021 grower forward pricing orders at and slightly above $450 per Metric Tonne actual on multiple occasions recently, 22nd, 23rd and 26th of February.
It seems… Read More
Pool Price & Market Update – October 2020
Pool Update
As at the 1st of October the 2020 Late Season Pool was 65% hedged on sugar and 55% hedged on currency at a Mark-to-Market value of $399.30 per Metric Tonne IPS. This represents a $3/MT IPS improvement from the August… Read More
Pool Price & Market Update – September 2020
Pool Update
Minimal hedging has been completed on the 2020 Late Season Pool since the previous pool update on 26th of August as ICE11 sugar futures prices tracked south for most of the past month. See below… Read More
Understanding Sugars
The term ‘sugar’ usually refers to what we know as table sugar – the type of sugar we use in baking or add to our tea or coffee. In Australia this type of sugar comes from sugarcane, but the sugar we see on the table is only one type of sugar that is found naturally in a whole range of foods.
All ‘sugars’ are carbohydrates which along with starch is our body’s main source of energy. We rely on sugar for energy – be it for our brains, bodies or nervous system. In fact it has been part of our diets for thousands of years.
Sugar is found naturally in most foods like fruits, vegetables and milk as well as being an ingredient used in a wide range of foods and drinks*.
*Sourced from All About Sugars, an initiative of the Australian Sugar Industry Alliance (ASA) nutrition team.
