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Retailers' Failure Causes Heavy Losses

by 5m Editor
16 May 2008, at 8:58am

UK - Many pig farmers are suffering heavy losses and are, as a result, leaving the industry due to retailers' failure to pass on recent price rises on pork and pork products to producers.

The message came from BPEX chief executive Mick Sloyan at the British Pig and Poultry Fair this week, as he called on retailers to pass on price increases to the producer, reports Farmers Guardian.

He said that while retail prices of pork and pork products were up £1/kg, producers had seen only a 10p rise in the price they receive.

“Consumers will not need to pay much more, retailers will continue to make a profit.”

View the Farmers Guardian story by clicking here.

5m Editor