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The Canadian leading trade group, Quebec Maple Syrup Producers, is releasing nearly 50 million pounds of its reserve, which is about half of. The Canadian federation that controls close to three-quarters of the world’s maple syrup production recently announced it will release about. The Quebec Maple Syrup Producers — a group known as the world’s maple syrup cartel and sometimes compared to the Organization of the Petroleum.
 
 

 

Canada releases maple syrupy meaning.Canada releases 50 million pounds from maple syrup reserve amid global shortage

 

Canada’s maple syrup industry has become an international focus in recent days, with headlines shouting that the country has been forced to tap into its strategic reserve to make up for shortages. Quebec produces about 73 per cent of all the maple syrup in the world. For some, the headlines may have been an eye-opener that Canada even has a stockpile of maple syrup. CBC Explains the purpose of this reserve, why it had to be tapped into, and explores whether there was ever a shortage of maple syrup.

Quebec’s maple syrup industry is subject to a supply-management system, meaning it employs a quota system run by the QMSP which dictates market volume. That site alone can store 25 million kilograms of maple syrup, or 94, barrels. When properly stored in barrels, maple syrup can last for many years, said Michael Farrell, the former director of Cornell University’s Uihlein Forest, a maple syrup research and extension field station in Lake Placid, N.

In years when the yield is good, and more syrup is produced than needed, the extra can be sold to the QMSP and stored “so that when there’s bad years, you have enough to keep people stocked up with syrup on their pancakes,” Farrell said. In , there was about 60 million kilograms of maple syrup produced, an average amount when compared to past years but down 18 million kilograms compared to However, worldwide demand has increased by more than 20 per cent — a spike industry experts believe was partly fuelled by more people cooking at home during the pandemic — and that has strained the supply.

And this was one of those years which was not ideal in terms of maple syrup production, according to Abby van den Berg, a research associate professor at the University of Vermont’s Proctor Maple Research Center in Underhill, Vt.

Many places didn’t have good weather for sap flow until later in the production season, she said, noting that in order for sap to flow, there has to be freezing temperatures, followed by above-freezing temperatures. It actually wasn’t terrible. It wasn’t as good as it had been in past years, and the reserve was there to perform its function,” she said. There is no shortage.

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. CBC Explains the purpose of this reserve and why it had to be tapped into, and whether there was really a shortage of maple syrup.

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