Burra Foods has announced a $0.10/kg MS step up to its milk supply partners for the period July 1, 2024 to June 30, 2025.
This takes the Burra Foods milk price range for FY25 to: $8.10/kg MS to $8.60/kg MS.
In a letter to milk supply partners, CEO Stewart Carson said “like the GDT, demand and pricing for our fat products has improved, whilst protein products have continued to be underwhelming”.
Despite increasing global volatility, Mr Carson said demand in core international markets is stable, while China is still uncertain as local milk volumes exceed demand.
He acknowledged the tough seasonal conditions impacting many of Burra’s suppliers and the stresses this can bring.