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Home OPEC

Canada’s ‘OPEC of maple syrup’ records record harvest of 211.3 million pounds

12 months ago
in OPEC
Canada’s ‘OPEC of maple syrup’ records record harvest of 211.3 million pounds
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LOS ANGELES – The world may be facing shortages of most products due to the ongoing COVID-19 pandemic and a war in Europe, but there’s one commodity that is overflowing: Maple syrup. 

The world’s largest supplier of maple syrup recorded a record harvest of the sweet gooey goodness thanks to promising weather conditions, Quebec syrup producers reported. 

211.3 million pounds of syrup was harvested this spring in the French-speaking Canadian province, according to the region’s agri-food consultant Groupe Ageco.

This years harvest tops a previous record set in 2020 of 175 million pounds. 

“We benefited from excellent weather conditions this spring,” Luc Goulet, president of the Quebec Maple Syrup Producers, said Friday in the statement.

Pancake Breakfast

FILE – Woman puts maple syrup on her pancakes.

Producers say they were aided by cool spring temperatures which allowed farmers to tap their trees for a longer period of time.

Last year, Canada’s “OPEC of maple syrup” announced it was releasing roughly half its strategic reserves – to the tune of 50 million pounds of maple syrup – due to a worldwide shortage of the traditional waffle and pancake topping.

The Quebec Maple Syrup Producers comprised of some 11,000 Canadian maple syrup producers controls roughly 70% of the world’s maple syrup supply, and its stranglehold on the market has been “compared to the Organization of the Petroleum Countries’ grip on oil” according to The New York Post.

During the exodus of workers from their offices to their homes, the Quebec Maple Syrup Producers said they were hit with a surge in demand due to more folks cooking at home amid the pandemic, coupled with a 24% year-over-year drop in production due to warmer temperatures during spring along with a shorter season.
 



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Tags: CanadasFood DrinkHarvestlifestylemaplemillionMoneyNewsOPECpoundsrecordrecordssyrupUs Economy
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