Bottom Line Limousin’s Commercial Connection
Fall 2012
Volume 14, Issue 2
Inside... Challenges The Beef Industry Is Facing Strategies to overcome them
Management Focus Pfizer offers quick tips
All-Natural Beef How Cross Four Ranch does business
Marketing Drought may dictate changes
New Products Pfizer launches two new products.
Government Drought, the farm bill and election day.
Challenges The Beef Industry Is Facing And Strategies To Overcome Them by Joe Epperly Assistant Executive Director North American Limousin Foundation
Bottom Line is published four times per year by the North American Limousin Foundation 6 Inverness Court East, Suite 260 Englewood, CO 80112-5595 (303) 220-1693; Fax (303) 220-1884
www.nalf.org Executive Director - Mark Anderson, Ext. 51 Dir. of Communications - Brooke Bennett, Ext. 49 Assistant Executive Director - Joe Epperly, Ext. 47
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n recent months, there have been many challenges facing the beef industry over lean, finely-textured beef (LFTB or “pink slime”), transgluterase, EPA fly-overs, antibiotic use, and animal rights activists’ attacks both in the legislature and on the farm (Harris Ranch). This is a function of the today’s media and social networks, and has led to the American consumer becoming more concerned about how their food is raised than ever before. These concerns do not fall on deaf ears as technology use and animal welfare have been at the heart of industry efforts for decades. The question becomes not only what technologies and techniques to use, but also how best to showcase
to consumers that the best management practices are being used. Survey information compiled by the National Cattlemen’s Beef Association (NCBA), shows that concerns over production practices are especially prevalent in the Millennial generation (ages 18-32). This is an age group that is important for the beef industry to capture to ensure future domestic markets, though current market conditions make it difficult as beef prices rise. The Millennial generation is starting to graduate from college, begin their professional careers and start families. This is a generation that is highly affected by price but is also more likely to be influenced by production practices. They are a generation that has grown up on continued on Page 2
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