The four day festival was due to celebrate its tenth event from November 4 to 7.

"It'd take a miracle for us to be able to run our festival, at full scale, this November, based on the recently escalating situation with COVID, both in Victoria and interstate," festival director Colin Thompson said.

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"We're still looking at what we can do on the weekend our festival was scheduled to occur (4-7 November), with a couple of strong possibilities in mind, but there's no way our team and our partner venues can feasibly look to do what was planned this year."

Mr Thompson said the current situation with Victoria in lockdown made it difficult to be able to hold a full-scale festival.

"It seemed a lot more possible when things were more under control, earlier in the year, but the current situation has us rescheduling to 2022 for the full-scale festival," he said.

"We're really appreciative of the support and understanding shown to us by our sponsors, partner venues, and of course the crew at (City of Greater Bendigo's) tourism and major events team and we hope to be able to announce the new date in the coming days."

Mr Thompson said the committee hoped to reschedule the event for early in 2022.

"We're hoping to be able to stage BBRMF #10 as early as February but, worst case scenario, we might have to look at November, 2022," he said. "We're working hard to achieve the former though, rather than resort to the latter.

"We still look forward to staging smaller scale events along the way of course. The artists we work with and our valued partner venues all deserve every bit of support we can give them right now and I hope everyone continues to stay focused on what can be done in the short-term, rather than what can't be done."

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