Thursday, November 13, 2025
New York CT
No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
No Result
View All Result
newyorkCT
No Result
View All Result
Home Business

Canada releases 50 million pounds from maple syrup stockpile

admin by admin
November 28, 2021
in Business
0
Canada releases 50 million pounds from maple syrup stockpile
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


The Biden administration is making an attempt to reign in gasoline costs by releasing oil from the US strategic reserve — however a unique sticky provide state of affairs north of the border has spurred Canadians to faucet their emergency stockpile of maple syrup amid a serious scarcity of the candy stuff.

The Quebec Maple Syrup Producers is a government-sponsored cartel that controls some 70 % of the world’s maple syrup provide and is generally in comparison with the Group of the Petroleum Exporting International locations’ grip on oil.

The consortium of greater than 11,000 Canadian maple syrup producers stated this week {that a} warmer- and shorter-than-expected spring led to a 24 % year-over-drop in manufacturing of the pancake topping. 

Amid surging demand for syrup as extra individuals prepare dinner at residence amid the pandemic, the cartel has been pressured to faucet a whopping 50 million kilos of syrup from its strategic reserve.

That’s essentially the most the group has launched from the reserve in a single season since 2008 and quantities to about half of all the stockpile.

Helene Normandin, spokeswoman for the group, which units bulk syrup costs, caps manufacturing and controls the stockpile, stated the group will authorize extra manufacturing of syrup subsequent season in an effort to make up for the shortfall this yr.

Strategic Maple Syrup Reserve
Maple syrup producers weren’t in a position to meet demand this yr.
Québec Maple Syrup Producers

“That’s why the reserve is made, to by no means miss maple syrup. And we gained’t miss maple syrup!” she told NPR.

The French-speaking Canadian province produces greater than 70 % of the world’s maple syrup provide.

“What we are able to determine at this second is possibly the season right here in Quebec will begin a bit earlier in February, as a substitute of March, and finish earlier additionally,” Normandin added.

Export gross sales reportedly rose to 113.5 million kilos between January and September of 2021 — up a whopping 21 % from a yr earlier, as individuals turned to the sugary topping to sweeten home-cooked meals throughout the pandemic.

Maple Syrup stand
Demand for maple syrup surged for the reason that begin of the pandemic.
Xinhua Information Company through Getty Ima

The brief and heat spring season hit maple syrup manufacturing significantly exhausting as a result of tree sap is simply in a position to be harvested throughout a small window when the temperature alternates between freezing and thawing.

The harvesting of sap and subsequent refining of it into syrup will be an intensive course of that’s closely reliant on climate situations, making year-to-year provide risky.

This yr marks the primary time in three years, although, that the group has to faucet its reserve. 

In 2012 thieves stole over 3,000 tons of Maple Syrup that was worth millions of dollars.
In 2012 thieves stole over 3,000 tons of Maple Syrup that was value thousands and thousands of {dollars}.
Québec Maple Syrup Producers

It’s not the primary time Quebec Maple Syrup Producers’ strategic reserve has made headlines.

In 2012, thieves made off with greater than 3,000 tons of maple syrup — value some $19 million Canadian {dollars} — from the stockpile. The syrup was quietly syphoned off from the reserve over the course of months.



Source link

Tags: Canadamaplemillionpoundsreleasesstockpilesyrup
admin

admin

Related Posts

TJ Maxx, Marshalls employees to wear body cameras to curb thefts
Business

TJ Maxx, Marshalls employees to wear body cameras to curb thefts

June 6, 2024
Nvidia overtakes Apple as second-most valuable company
Business

Nvidia overtakes Apple as second-most valuable company

June 5, 2024
Elon Musk will bring video-only feed to X: sources
Business

Elon Musk will bring video-only feed to X: sources

June 5, 2024
Next Post
Chinese titan lavished Hunter Biden with 3-carat gem, offer of $30 million

Chinese titan lavished Hunter Biden with 3-carat gem, offer of $30 million

UNLV student Nathan Valencia dies after collapsing at fraternity ‘fight club’ event

UNLV student Nathan Valencia dies after collapsing at fraternity 'fight club' event

Michigan man Anthony Oliver shot dead by police after opening fire on bus

Michigan man Anthony Oliver shot dead by police after opening fire on bus

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Chip Roy introduces bill to label cartels as terrorists

Chip Roy introduces bill to label cartels as terrorists

3 years ago
Former U.S. Sen. Joe Lieberman dies at age 82

Former U.S. Sen. Joe Lieberman dies at age 82

2 years ago
How to make MLB playoffs, draft more fun and competitive

How to make MLB playoffs, draft more fun and competitive

4 years ago
The absurd ‘Russiagate’ Pulitzer of the NY Times and Washington Post

The absurd ‘Russiagate’ Pulitzer of the NY Times and Washington Post

4 years ago

Categories

  • Business
  • Entertainment
  • Fashion
  • Health
  • News
  • Opinion
  • Politics
  • Sports
  • Tech

Topics

Adams Apple Biden Bidens Big Bill cancer Case CBS CEO City Court COVID Day dead deal Elon George Gov Health Hochul home House Joe Judge man Mayor Musk NYC Office Report school star State time trial Trump Twitter Ukraine Vaccine win workers Yankees years York
No Result
View All Result

Highlights

NYC’s best secret beauty bargains for blowouts, massages and more

Teacher wears ‘inappropriate’ outfit

Wild outfits running the NYC Marathon

Women under 30 opting for major plastic surgery, alarming experts

Louis Vuitton exhibits two Impressionist masterpieces in its flagship store

2025 watch-buying advice from timepiece experts

Trending

NYC’s ‘beauty longevity clinic,’ where celebs get a peptide fix
Fashion

NYC’s ‘beauty longevity clinic,’ where celebs get a peptide fix

by admin
November 13, 2025
0

It’s a very important vacation spot. A stunning, intimate area that resembles an enthralling lodge slightly...

Women say this trendy drink is making their hair fall out

Women say this trendy drink is making their hair fall out

November 7, 2025
The sneaky way your phone is aging you

The sneaky way your phone is aging you

November 6, 2025
NYC’s best secret beauty bargains for blowouts, massages and more

NYC’s best secret beauty bargains for blowouts, massages and more

November 6, 2025
Teacher wears ‘inappropriate’ outfit

Teacher wears ‘inappropriate’ outfit

November 3, 2025

© 2021 Newyork CT All Rights Reserved

No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech

© 2021 Newyork CT All Rights Reserved