Maple Syrup Cartel to Release 50% of Reserves Amid Shortfall



Canada has a message for the world: never fear, there will be syrup.

The Quebec Maple Syrup Producers, also known as the "OPEC of maple syrup", announced in recent days that it would release almost 50 million pounds of syrup from its strategic reserve, following a shortfall in the year's expected production and increased demand overseas. The group is draining 50 million pounds of syrup.

Quebec Maple Syrup Producers, which establishes bulk prices, tells producers how much they can harvest, and saves any unsold syrup for the reserve, which has resulted in a decrease in output this year. 70% of the world's maple syrup is produced by the group.

Normandin said last week that we need to produce more maple syrup. The reserve is there to make sure that we are always able to sell this product.

This is the largest amount of maple syrup the group has released in a couple of years.

The group said that production was affected by a warmer and shorter spring harvest season. Maple syrup production is dependent on the weather. Before trees can be tapped for syrup, they have to be at least 30 years old. They need warm days and nights to produce syrup. The harvest season was cut short this year because of warm weather, but typically runs from February to April.

Between January and September, export sales of maple syrup increased by 21%. As more people cook at home and use local products, this was caused by the Pandemic.

Maple syrup producers have to worry about a lot more than weather and demand. The Washington Post reports that climate change and logging pose a threat and could impact the supply of healthy trees, which gives you another reason to care about the fate of the planet and take action where you can.

You will get your pancake topping if you use maple syrup. If we don't address climate change, the cartel will have its hands tied. Will the reserves be tapped if there are fewer trees? The quality of what trees produce is still up in the air. Climate change beer tastes gross.