Over The Line........!

12 Aug 2016
Pleased to announce that after 17 weeks in process yesterday we received FIRB sanction of the investment into Burra Foods by Inner Mongolia Fuyuan Farming Co Ltd (Fuyuan). I was quietly confident that the investment would be viewed positively by the Treasurer however ‘it isn’t over until it’s over’ and the proposed shareholder structure was always subject to FIRB...

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Step Ups & Downs

29 Jul 2016
After the turmoil of the April Step Down ‘event’ and opening prices that unilaterally disappointed, we are now ensconced in a wet Gippsland winter watching keenly for indicators of dairy commodity price recovery, barracking the resilient AUD down and wondering what Brexit, and a possible D Trump victory, means for dairy and our export competitiveness (remembering that a AUD/USD0...

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FY17, May It Be Kinder Than FY16

30 Jun 2016
The new financial year rolls in today as we put to bed a tumultuous year in the dairy industry – memorable for all the wrong reasons. There are enough uncertainties to manage in dairy farming as it is and price (or price range) doesn’t need to be another...

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FY17 Opening Milk Price

23 Jun 2016
There has been plenty of comment as to the difficult year for almost anyone trying to make money through milking cows, and the actions taken by some of the larger processing companies has not made it any easier...

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Sponsorship Deal - Korumburra Giants

31 May 2016
Burra Foods is proud to partner the Korumburra Giants as a Major sponsor for the next 4 years. The Korumburra-Bena Football & Netball Club have been around for the best part of 70 odd years and has approximately 500 members...

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Industry Update

25 May 2016
We all know we are in a volatile and cyclical industry but the selfish disregard that MGC has shown to its supply base is culpable (which may well be confirmed by ASIC, ACCC and/or a Class Action)...

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Preparing For A Period Of Growth

12 May 2016
To say the dairy industry is facing difficult times is an understatement.  Whilst the recent announcement from MG is disappointing, it is certainly not a surprise to many. Through over promising and under delivering, we can see how reckless actions can impact an entire industry...

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Burra Foods Restructures For Growth

03 May 2016
Good morning, This morning, we have publicly announced the outcome of the strategic review that we commenced almost 12 months ago.  The details of the announcement are outlined in the attached media release...

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A Busy News Week

22 Apr 2016
Frenetic news run this week for the right and wrong reasons. Confirmation that the 'Northern Towns' pipeline scheme would proceed on the basis of $30m of State Government funding is great news and provides certainty around a key resource...

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Strategic Review - Fact Vs Fiction

20 Apr 2016
We seem to be in the middle of watching fact be established from rumour at the moment. AFR ran a story on Wednesday morning that Burra had done a deal with Chinese dairy company Mengniu and now I'm seeing some media repeat it as fact - so it must have happened!! It's no secret that we have been running leading a strategic investment review to set the business up for growth through, gaining access to capital and emerging markets...

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