Tesco has reaffirmed its commitment to UK egg farmers by announcing new five-year contracts for its five shell egg suppliers – Anglia Free Range Eggs, Glenrath Farms, Griffiths Family Farms, Noble Foods and Skea Eggs.
The new contract sees the Big 4 grocer continue to stock 100% British shell eggs while helping to provide UK egg farmers with the confidence to invest and plan for the future.
Furthermore, Tesco confirmed the continuation of its poultry feed model. The model – which was introduced 10 years ago – 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.
“Like many in the food and agriculture industry, we know the egg sector is facing some challenging market conditions with input costs continuing to increase,” Tesco commercial director for Fresh Dominic Morrey said.
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“To provide much-needed support, all of our shell eggs will continue to be produced here in the UK, but we know we need to do more to support our egg farmers.”
“We hope we can provide the industry with some confidence and protection during these uncertain times.”
British Egg Industry chief executive Mark Williams added: “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.”
The support for UK egg farmers is the latest in a series of measures by Tesco to help its UK supply base through the current market conditions.
Earlier this year, the supermarket announced a near 20% rise in the price it pays its British dairy farmers for its milk, and it announced a £10 million enhanced payment plan to support the pig sector.
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