LAST week, Burra Foods announced a $0.10/kgMS step up to Milk Supply Partners for the period 1 July 2024 to 30 June 2025.
This takes the Burra Foods milk price range for the 2025 financial year to $8.10/kgMs - $8.60/kgMS.
In a letter to Milk Supply Partners, CEO Stewart Carson advised that, “Like the GDT, demand and pricing for our fat products has improved, whilst protein products have continued to be underwhelming.”
Despite increasing global volatility, he mentioned that demand in core international markets is stable, whilst China is still uncertain as local milk volumes exceed demand.
Mr Carson acknowledged the tough seasonal conditions impacting many of Burra’s Milk Supply Partners and the stresses that this can bring.
“We’re always happy to give a little bit back and it will run into next season,” said Mr. Carson.
Poowong dairy farmer Brett Loughridge is a supplier for Burra and was happy with the news of the increase in milk prices.
“I was very pleased to receive the step up. It wasn’t a big step up, but every little bit helps,” said Mr. Loughridge.
Stewart Carson will be joining the Burra Milk Supply Team at Farm World, Lardner Park today and the team will be there tomorrow as well, to chat to suppliers, customers and attendees.
