A former Supreme Court judge will hold mediation talks with Queensland Sugar Limited and mill owner Wilmar on Thursday in a bid to end their ongoing dispute.
QSL chief executive officer Greg Beashel said the warring parties had again failed to make a new supply agreement during negotiations on Tuesday.
The two companies have been unable to reach a consensus, which has resulted in farmers being unable to crush their cane ahead of the 2017 season.
Mr Beashel said QSL had accepted the Queensland government's offer to hold talks with Wilmar in the presence of former Supreme Court judge Richard Chesterman.
He said the first session would be held on Thursday.
The minority Labor government's announcement it would facilitate and pay for the mediation came as the Liberal National Party introduced a bill into state parliament to amend the Sugar Industry Act, in a bid to end the dispute.
The LNP moved an urgency motion to debate the laws this week.
It was opposed by the government but got up with the support of the cross bench, meaning it will be debated in the hung parliament on Wednesday.
Opposition Leader Tim Nicholls accused Premier Annastacia Palaszczuk and Agriculture Minister Bill Byrne of not doing enough to help Queensland farmers.
"Desperate to cover his total inaction on the issue, Bill Byrne suggested a trumped-up marriage counselling service for the warring parties that would cost taxpayers thousands of dollars an hour in QC fees," he said in a statement.
But Mr Byrne said if the LNP's changes were passed by the parliament it could unleash "mayhem" on an already "shell-shocked industry".
"Everyone in the industry knows that forced arbitration will be costly and protracted and will not deliver the certainty for the 2017 crush that growers crave," he said in a statement.
Mr Byrne said the LNP's amendments would not resolve the dispute and rushing the debate meant there would be no scrutiny or consultation with the farmers.
"It is one of the most irresponsible actions I have witnessed as an MP," he said.