Noble Foods has announced a six pence per dozen price increase for all its free-range and organic producers, as of 8 October 2022.
The six pence per dozen rise includes all Class A eggs (extra large, large, medium and small grades) from all free-range and organic producers in the Noble Foods group.
“Our producers are facing turbulent cost pressures, many of which are a knock-on effect from global events,” said Graham Atkinson, agriculture director at Noble Foods. “But the resulting inflation issue cannot be ignored. The support and attention must be with our producers, which is why this price increase is so necessary. Because we operate long-lasting feed deals across our base, this increase reflects non-feed related inflation elements. I hope it demonstrates our long-term intent to put our producers first.”
Noble Foods’ milling business unit has also seen the impact of these cost pressures, particularly since its production and delivery processes are heavily energy dependent. Noble Foods said the milling business unit would not pass any of the current inflationary costs onto producers on pre-agreed Noble Foods scheme or feed link arrangements.
“There has also been some relief for our producers given through Government, with the announcement of the energy price cap,” said Atkinson. “This may provide our producers with six months’ worth of breathing space, but it’s clear we have a responsibility to continue the messages around ‘food self-sufficiency’ and the ‘feeding a nation’ agenda”.
BFREPA chief executive Robert Gooch said: “It’s great to see Noble recognise the pressure that producers are under and improve the financial sustainability of their producer base. The combination of the price increase and their bespoke pricing models is helping to stabilise the market to the benefit of the whole supply chain.”