Tesco Ireland supports beef farmers during Covid-19
1 April 2020
Tesco Ireland will maintain the price it is currently paying for beef up to June 2020, when it will review the situation again.
The company said it is conscious of the pressure that beef farmers are under due to Covid-19, with beef prices falling and other major purchasers and markets disappearing.
“These are unprecedented times for everyone and it makes sense to honour the market conditions for beef as they were pre-Covid-19 in January of this year,” said Joe Manning, commercial director, Tesco Ireland.
“Beef farmers, as a very busy and critical essential service at this time, need to be supported. We want to support our beef farming families by continuing to pay the same price to our processors for the next three months, as it has been since the start of 2020 when Covid-19 wasn’t a factor.”
Tesco Ireland does not negotiate with or pay farmers directly. It has advised its beef processors of its decision today.