Australian 2021-22 dairy prices: Bulla sets the scene for new season

With six weeks still left on the calendar until Australia’s dairy processors are compelled to reveal their prices, Bulla has blitzed the competition with an early announcement.

Bulla has revealed its 2021-22 opening prices. Picture: Zoe Phillips

Bulla has revealed its opening milk price for the 2021-2022 season — the first processor to publicly confirm pricing, six weeks ahead of competitors.

The Colac-based processor indicated a pricing range of $6.40/kg-$6.90/kg milk solids, indicating the strength of the 2020-21 season is set to carry over into the forthcoming financial year.

Management also confirmed the addition of an extra price band for milk supply above 49 per cent Milk Supply Ration (MSR).

Bull’s confirmed opening milk pricing.

Bulla chief executive Allan Hood said his company maintained its commitment to continuing a simple, flat pricing model, including the benefit of no stop charge, volume charge or milk collection fee.

“We are so proud of how our team has risen to the challenge of 2020, and this includes our extended team of dairy farmers,” Mr Hood said.

“As a result of our resilience and hard work, together we have maintained solid performance across the business, and we will always ensure the rewards of this hard work is shared with our valued network of farmers.

“An integral part of our Bulla family, we aim to grow with our farmer partner’s businesses through a transparent and collaborative partnership at all stops on the journey, including sharing an early opening milk price and ongoing consideration of step-ups.”

In the last year, Bulla’s cream sales and market share have reached an all-time high with Bulla as the number one selling brand of fresh cream in every state.

Internationally, Bulla has expanded its presence in Asia with the recent launch of their new range of Bulla Australian-style yoghurt.

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