May 17, 2022
Tesco gives £6.6m to pig producers following plea
Image source, Shaun Whitmore/BBC. UK pig farmers have welcomed a decision by Tesco, their biggest customer, to pay an extra £6.6m to pork producers. Tesco said its support between March and August would amount to £10m.The NPA warned four out of five pig producers could go out of business within a year unless Tesco paid more. Dominic Morrey, Tesco Fresh commercial director, said: "We know there is more to do, and we will be working with suppliers, farmers and the wider industry to drive more transparency and sustainability across our supply chains and support the future of the British pig industry." Mr Mutimer, who farms at Swannington near Aylsham, said: "This is a very welcome boost for beleaguered pig farmers, who are currently facing unprecedented costs of production and need a tangible increase in the price they are being paid in order to stay in business."We look forward to seeing the pig price rising very soon as a result of this action, and hopefully we can begin to stem the flow of producers exiting the industry. In its letter of last week, the NPA said other supermarkets had already confirmed additional support for farmers who were facing rising costs and staff shortages.
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