CNN reports that "amid shortages, Canada is tapping into its strategic reserves.
"This time, for maple syrup.
"The Quebec Maple Syrup Producers, a leading trade group, said it is releasing roughly 50 million pounds from its strategic maple syrup reserves, almost half of the stockpile … The government-supported organization, which is often called the OPEC of maple syrup, uses its reserves to control syrup prices and supply. As of 2020, Quebec produced 73% of all maple syrup in the world, and its biggest customer by far is the United States, which accounts for around 60% of Canada's export volume.
"The strategic reserve was created to keep maple syrup in stock during bad harvest seasons or when demand spikes. That is the case right now following a hot and short spring that led to a lower yield. Historically, 2021 was an average year for maple production in Quebec, with a harvest estimated at 133 million pounds, but sales rose 21% compared to last year, straining the available supply."
- KC's View:
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Sort of puts the whole supply chain issue into context, doesn't it?
Me, I like my maple syrup from Vermont - no offense meant to Canadian readers. My favorite is from Runamok, which I think makes the best maple syrup out there, bar none. Especially the cinnamon-vanilla infused version, and the bourbon barrel-aged variety.
