by Rose Rementer
The growing appetite for bison is part of a wider trend toward organic foods, a small but expanding part of the food industry.
While prices have almost doubled in the last five years, consumer demand hasn’t waned because the cost of other forms of protein — notably pork and beef — has also surged, said Tom Riemann, president of the North American Bison Cooperative, a North Dakota-based processor.
“People have kind of gotten used to the prices and are willing to pay a little bit more,” Dave Carter, executive director of the Westminster, Colorado-based National Bison Association, said in an interview.
Supplies will probably remain tight until 2017, because it can take five years to increase herd sizes, according to Carter. Still, that supply response is already stirring. Ken Overby, a 61-year-old rancher in Manitoba, is considering expanding production after prices increased.
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Source: Bloomberg Business
