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Canadian Maple Syrup Producers Release Extra Product in Face of High Demand

This winter, Canadian maple syrup producers are releasing an additional 50 millions pounds of product from their “strategic reserves” to make up a shortfall caused by higher-than-normal demand. A trade group called the Federation of Québec Maple Syrup Producers confirmed the decision, according to NPR. The organization represents more than 11,000 producers responsible for almost three-quarters of the global syrup supply, and it sets prices and controls production levels in the Canadian province. While production levels were fairly typical this year, demand has risen by more than 20 percent compared to last year, CNN reports. The reserve release may help ensure all pancake lovers get their fix this winter. 

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Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game

Video: Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game


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