Woolworths to stop buying Tasmanian beef from 2027

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Woolworths' decision to stop sourcing Tasmanian beef from 2027 highlights persistent cost pressures in food supply chains, including slaughter capacity constraints and high freight costs. The news is locally significant for Tasmanian producers and upstream processors but has limited direct read-through to broader listed markets. Near-term impact is mainly on regional agricultural margins and supplier contract dynamics, with transition support extending purchases through end-2026.
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Woolworths has confirmed it will stop buying Tasmanian beef from 2027, a move that affects the state and Australia’s domestic market. The retailer has been sourcing the product via JBS Foods’ abattoir in Longford. Local farmers say the decision is a major blow to their businesses. Woolworths said it will keep buying Tasmanian beef through to the end of 2026 and work with affected parties on the transition.