Common use of Justification of Minimum Price Clause in Contracts

Justification of Minimum Price. Burra Foods is a Gippsland based dairy ingredient manufacturer that trades in both domestic and international markets. There are many factors that contribute to our minimum monthly price including, but not limited to; global supply and demand, exchange rate volatility, local competition for milk and our capability to adjust product mix at our manufacturing facility. We reference a lot of independent information from third parties and trading partners to provide insight into the current and future dairy market outlook in setting our price. ATTACHMENT 1 (b) - MINIMUM PRICE TABLE (FY23-24) The Minimum Price we will pay you per month is set out below and is dependent on your election of Fat to Protein payment system.

Appears in 4 contracts

Samples: Supply Agreement, Supply Agreement, Supply Agreement

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