Why the Bega Cheese (ASX:BGA) share price is at a 52-week high

The Bega Cheese Ltd (ASX: BGA) share price has been a top performer in 2021. Shares in the Aussie food company have climbed 23.6% higher to $6.44 per share as at Tuesday’s close. That represents an outperformance of 18.6% over the S&P/ASX 200 Index (ASX: XJO) so far this year.

In fact, Bega shares started Tuesday’s session by hitting a new 52-week high of $6.58 per share. So, what’s helping propel this iconic Aussie company higher in 2021?

Why is the Bega Cheese share price surging higher?

There haven’t been too many announcements from the Aussie company in 2021. In fact, the major update this year came in late February with Bega’s half-year results.

Bega reported some seriously strong growth figures for the half-year…