By Shelia Grobosky, Marketing Brand Manager – Dealers & PR
Corn and soybean harvest begins to wind down, and the leaves crunch under foot on the way to the barn each morning. Those subtle reminders combined with the need for a hoodie or light jacket are evidence that Thanksgiving is just around the corner. There are many things to be grateful for this year, including the opportunity to work with those of you who market the BioZyme® products I am passionate about, and ultimately show care that comes full circle.
Of course, there is an election this month. I hope everyone took time to go to the polls and made their voices heard. We still live in a democracy, last I checked, and the process still should thrive.
I don’t have to remind the dealers how big of a logistical nightmare that transportation is; however, just in case you tried to forget, there is a looming railway strike that could yet happen in November. In late October, the National Cattlemen’s Beef Association (NCBA) joined more than 100 other national and state trade organizations in sending a letter to President Joe Biden urging him to work with the railroad unions and railroads to avoid a strike. The letter made clear “the overwhelming concern that a rail shutdown would have a significant impact on the U.S. economy and lead to further inflationary pressure.”
With the holiday season basically upon us, many folks are focused on the economy – both from a spending and a profit standpoint. According to Rabobank analysts’ forecast, lower real wages will negatively impact protein consumption in the remainder of 2022 and the first half of the new year.
In one article on porkbusiness.com, Glynn Tonsor, professor of Ag Economics at Kansas State University who also tracks consumers buying habits through the Meat Demand Monitor, said the country is indeed in a recession. One indicator of that can be tracked by consumer spending, including protein.
“We’re seeing some trading down within the protein complex. Think about going from a bacon product to a ham product, or from a ribeye steak to a sirloin steak. There’s a lot of examples like that,” Tonsor said.
So, while the economy and transportation issues might feel like we are in a world of gloom, remember, there is still always something to be thankful for. Count your blessings each day and remember what is most important. Faith, family, friends, good business partners and the promise a bright future.