Pig producers to protest at Tesco AGM

Pig producers to protest at Tesco AGM
30th Jun 2011

PIG producers are set to descend on Tesco’s AGM tomorrow (Friday, July 1) in protest at the low prices they claim are killing off the industry reports the Farmers Guardian.


Around 100 producers plan to leaflet investors at the East Midlands Conference Centre in Nottingham on Friday (July 1) calling on Britain’s biggest retailer to follow the likes of Waitrose, Morrisons and McDonalds in supporting producers.

The action is being organised by the British Pig Industry Support Group, which claims pig farmers are losing around £10 on every pig they sell to Tesco as escalating feed costs hit farmers hard.

It comes following concerns raised by the industry that retail prices were not rising in line with the market.

The National Pig Association acknowledges retailers have responded to its earlier pleas to generate greater returns for the supply chain by increasing retail prices, but NPA chairman Stewart Houston said the DAPP (deadweight average pig price) was not yet moving upwards proportionately.

The DAPP did rise last week to top 152p/kg but major processors’ quotes were slow to move and retail demand was reported to be uninspiring.

Although last week’s significant fall in cereals prices could eventually filter through some relief on feed costs – if it lasts – pig producers’ losses continue.

 

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