A long-running dispute between Queensland Sugar Limited and mill owner Wilmar Sugar is over after the two parties finally reached an on-supply agreement.
Wilmar Sugar and QSL, the industry's marketing body, had been locked in a bitter stalemate over issues surrounding mill access and sugar prices, affecting about 1500 canegrowers that supply Wilmar's eight Queensland mills.
But QSL chief executive Greg Beashel on Monday confirmed the long-awaited contract to resolve the impasse between the companies had been inked, ending a difficult negotiation process.
"I'd like to thank the many growers who have steadfastly supported QSL during what has been a protracted and frustrating OSA negotiation process," he said in a statement.
"We appreciate that this support has often come at great cost to you - both financially and emotionally."
The lengthy stand-off was sparked in 2014 after Wilmar announced plans to sell all sugar crushed at its mills through its own trading mechanism.
This disrupted a status quo that saw QSL enter into voluntary agreements with mills after the industry was deregulated in 2006.
There were fears Wilmar's decision would set the company, headquartered in Singapore, to assume a "monopoly marketing position", peak grower's body Canegrowers said.
But with the signing of the OSA, affected farmers will be empowered to nominate QSL or Wilmar as their preferred marketing choice.
Mr Beashel said he hoped those growers who wanted to use QSL's services for next month's harvest, but had to opt for Wilmar, would return to the industry body in the future.
The OSA resolution comes after Queensland legislation was introduced in 2015 affirming the growers' right to choose in an amendment to the state's Sugar Industry Act.
A code of conduct for the industry was also introduced in Canberra highlighting the role of arbitration and mediation, aimed at avoiding ongoing disputes in the future.
With the OSA finally set, grower collectives and Wilmar will move forward with the next piece of the puzzle - their respective cane supply agreements.