Farming News - Tesco reaffirms support for British egg producers
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Tesco reaffirms support for British egg producers
Tesco has today reaffirmed its commitment to UK egg farmers as challenging market conditions continue to affect the industry.
The retailer has announced new five-year contracts for all of its five shell egg suppliers - Anglia Free Range Eggs, Glenrath Farms, Griffiths Family Farms, Noble Foods and Skea Eggs.
image expired 100% GB Shell Eggs The long-term contracts will mean Tesco continues to stock 100% British shell eggs, while helping to provide UK egg farmers with the confidence to invest and plan for the future. Tesco has also confirmed the continuation of its industry-leading poultry feed model. Poultry feed represents up to 70% of the cost of production on egg and poultry farms. To tackle fluctuations in prices, Tesco introduced a fair and transparent feed model into its poultry and egg supply chains ten years ago. The model promotes open dialogue between Tesco and its suppliers and adjusts to price changes in the market, providing suppliers with the protection and security they need when buying feed. Mark Williams, Chief Executive of the British Egg Industry Council said: “It is encouraging to see that Tesco is taking a long-term and sustainable approach to its egg supplier relationships at a very challenging time when costs are running so high, while the industry continues to balance its commitment to providing consumers with the highest quality eggs at affordable prices for all. British Lion eggs are an integral part of the nation’s diet, offering a highly nutritious and affordable everyday meal solution, so ensuring British farmers can keep Tesco’s shelves stocked with eggs produced to the British Lion’s world-leading food safety standards, is vital now and for the future.” The support for UK egg farmers is the latest in a series of measures by Tesco designed to help its UK supply base through the current market conditions. Jonathan Griffiths MD of Griffiths Family Farms said:“The Griffiths family are looking forward to working closely with Tesco as part of a new 5 year agreement starting later this year, and welcome Tesco’s responsible approach to working with UK egg producers. The market conditions as a result of the Ukraine conflict have undoubtedly put extreme pressure on the viability of some farmers in this sector, however, it is clear that the Tesco feed-linked model is already providing security for farmers today and for the future.”