Essex pig farm doubles exports after lockdown hits foodservice sales

Published 2020년 7월 3일

Tridge summary

Essex pig farm, Wicks Manor, has doubled its export revenue in Asia and the Middle East during lockdown, thanks to support from the Department for International Trade. The business has increased its exports from 20% to 40% of sales, allowing it to maintain nearly all staff and avoid waste. The UK government intends to pursue accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership to provide more export opportunities for UK businesses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

International Trade Secretary Liz Truss has highlighted the success of an Essex pig farm to showcase her department’s role in promoting food exports. A press release from the Department for International Trade explains how Wicks Manor has doubled its export revenue in Asia and the Middle East during lockdown to help offset losses in food service sector, saving jobs and reducing waste. With pubs and restaurants reopening on Saturday, the family farm business, like others across the country, is preparing to resume supplying its premium pork products to eateries across the country. But during lockdown, the business faced a sharp drop in sales to pubs and restaurants, which typically account for 45% of its revenue. However, since April, its exports to customers worldwide have doubled, including a surge in demand for its premium bacon and sausages in the Middle East and Asia. After the business sought support from DIT to ramp up its exports to supermarkets in Singapore, Hong Kong and ...
Source: PigWorld

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