Canada releases 50 million pounds from maple syrup stockpile

7 octobre 2022by Blair Dane

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Maple Syrup | Maple from Canada.Canada releases 50 million pounds from maple syrup reserve amid global shortage – MarketWatch

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Quebec forests generate nearly three-quarters of the world’s maple syrup under a quota system that centrally manages supply. QMSP said this month it would release more than half of the million pound 45 million kg reserve by early next year. The Global Strategic Maple Syrup Reserve spans , square feet 24, square meters , the equivalent of five football fields, securing syrup in sterilized gallon liter barrels stacked five-high.

Thomson Reuters. Between and , around 3, tonnes were stolen from a storage facility in Quebec. But it was a few years earlier than that when the strategic reserve actually did run dry. Prices spiked. We lost a lot of markets for pure maple syrup, » he said. Farrell said the There are currently around 50 million maple syrup taps in Quebec. He covers Canadian and U. It is the first time in three years the reserve has been used. And we won’t miss maple syrup! Quebec produces almost three-quarters of the world’s maple syrup.

In , 83m kg of maple syrup was produced worldwide and 60m kg came from Quebec’s forests, according to QMSP. And the QMSP is already planning ahead to next year’s harvest, where it will tap an extra 7 million trees. This is not the first time Quebec’s maple syrup reserve has made headlines.

In , more than 3, tons of maple syrup were stolen from the stockpile over the course of months. The Quebec Maple Syrup Producers will be tapping 7 million more trees in the near future to replenish their reserves and to make sure they can meet demand next year. So go ahead and top off those pancakes and waffles with the Canadian liquid gold this holiday weekend.

The audio version of this story was produced by Gustavo Contreras and edited by Jonaki Mehta. Accessibility links Skip to main content Keyboard shortcuts for audio player.

 
 

 

– Canada releases maple syrup

 

The Biden administration is trying canada releases maple syrup reign in gas prices by releasing oil from the US strategic reserve — but a different sticky supply situation north of the border has spurred Canadians to tap their emergency stockpile of maple syrup amid a major shortage of the sweet stuff. The consortium of more than 11, Canadian maple syrup producers said this week that a warmer- and shorter-than-expected spring led releses a 24 percent year-over-drop in production of the pancake topping.

Amid surging demand for syrup as more people cook at home amid the pandemic, the cartel has been forced to tap a whopping 50 releasfs pounds of syrup from its strategic reserve. Helene Normandin, spokeswoman for the group, which sets bulk syrup prices, caps production and controls the stockpile, said the group will authorize more production of syrup next season in order to make источник статьи for the shortfall this year.

Export sales reportedly rose to The short and warm spring season hit maple syrup production particularly hard because tree sap is only able to canada releases maple syrup harvested during a small window rfleases the temperature alternates between freezing and thawing. The syrup was quietly syphoned off from the reserve over canada releases maple syrup course of months. Previous Next. View Larger Image. By Will Feuer November 26, -New York Post The Biden administration is trying to reign in gas prices by releasing oil from the US strategic reserve — but a different sticky supply situation north of the border has spurred Canadians to canada releases maple syrup their emergency stockpile of maple syrup amid a major shortage of the sweet stuff.

This year marks the first time in three canada releases maple syrup, though, that the group has to tap its reserve. Related Posts. Original Airdate: September 25,

 
 

Blair Dane

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