Tesco is seeking a new deal with dairy farmers after a chaotic summer for the agriculture industry during which protesters paraded cows around a supermarket.
The retailer has written to farmers outlining terms that include reviewing the price it pays every three months rather than every six and ranking suppliers based on their performance, with the worst potentially losing their deals.
Matt Simister, Tesco’s commercial director for fresh food and commodities, says in the letter that the agreement is “progressive, fit for the future and, importantly, one that we can continue to be proud of for many years to come”.
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