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Where is our Market Headed?. Presentation to Canadian Bison Association November 23, 2009. YTD bison slaughter - USDA. Processors Face Tight Supplies . YTD bison slaughter- USDA. Prices Stay Near Historic High. Consumers staying with bison. Custer Sale Results 2009.
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Where is our Market Headed? Presentation to Canadian Bison Association November 23, 2009
YTD bison slaughter - USDA • Processors Face Tight Supplies
Prices Stay Near Historic High • Consumers staying with bison
Custer Sale Results 2009 • Demand strong for females Average Price – 2009 vs. 2008 Ave. Price Per Lb. - 2009 vs. 2008
Top trends • Retail sales will continue strong • More demand for low-end cuts • Casual dining struggling
Top trends • People want a community around food • The story around food is important
Top trends • Green cooking seen as a efficient, healthy and a good value
Top trends • Local is surpassing organic as a key motivator • Consumers also looking for locale
Top trends • Restaurant menus increasingly carrying calorie count and other nutritional info
Top trends • Americans looking for tighter controls • People don’t trust conventional food system
“The Responsibles are in the vanguard and represent 38% of Americans 18 and older, or about 86 million people…They tend to be well-off but not wealthy, and they have done many things that people in the other groups haven't, such as buying a household appliance on the basis of its energy rating or a product because they like the values of the company that made it.
“They do not fit neatly into any political category: a third are liberal, 37% are conservative, and 28% are moderate. They are younger than the Skeptics and more diverse and look more like what America will look like in 20 or 30 years. Source: TIME Magazine
Our challenges/opportunities • Food safety • Continued promotion • Non-commoditization • and • New producers
Promotion • Focus on foodservice • Marketing materials • Continued public relations • Education/Outreach • Farmers Market Promotion
Recruiting a new generation USDA Price Report NBA Checkoff
Bison Producers’ Handbook • 30+ authors • Experts from U.S. and Canada • All new information • Best resource available
Thank You Join us: January 21-22 – NBA Annual Conference Renaissance Hotel – Denver, CO January 22-23 – GTSS National Western Stock Show