Pig sector urges retailers to copy Waitrose’s price pledge

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The pig sector has urged UK retailers to follow Waitrose after it made a fresh pledge to pay farmers a fair price during the backlog crisis.

Waitrose said it would be extending its commitment to pay a ‘fair and sustainable’ minimum price for pork to all of its pig producers.

The pledge has been made as prices continue to plummet, alongside record costs of production and an on-farm backlog of approximately 200,000 pigs.

The sector has faced a range of challenges, including the loss of exports to the Chinese market for certain pig processors, global disruption to CO2 supplies, and crippling labour shortages.

Waitrose’s move extends its previous commitment announced in November 2021, which it agreed to review on a regular basis.

Announcing the price pledge, the retailer warned the pig sector was facing ‘the biggest crisis in a generation’, with ‘falling prices impacting financial sustainability’.

 

 

by FarmingUK

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