Fear not, pancake lovers: maple syrup OPEC sticky reserve New Foods

He said Quebec maples are draining nearly 50 million pounds (22 million kg) of syrup from the barrels in his strategic reserve.

Don’t be afraid, pancake fans. In maple syrup OPEC plans to dive into its sticky warehouse to cover the basic shortcomings of breakfast.

Quebec Maple Syrup Producers said nearly 50 million pounds of syrup is being drained from barrels in its strategic reserve, about half of the warehouse and most since 2008. The number being released is equal to more than a third of this year’s harvest. In the French Canadian province, the world’s leading supplier. Production fell by 24% this year after a warmer and shorter spring harvest due to higher foreign demand, according to the group.

“We need to produce more Astignar syrup,” spokeswoman Helene Normandin said in a telephone interview. “The reservation is there to ensure that we are always able to sell and offer this product.”

Quebec accounts for more than 70% of the world’s maple syrup production and its supply is directed by a sort of government-approved cartel. Quebec Maple Syrop Producers sets bulk prices, limits production, and sends unsold product to a warehouse in Laurierville, Quebec, allowing the agency a level of control over oil markets.

“In our case the pandemic helped people prepare more at home and see us using more local products,” Normandin said. “It’s not just in Quebec that demand is growing.”

Export sales rose to £ 113.5 million from January to September, up 21% from a year earlier. Next year, the group expects to allow Quebec producers to add 7 million syrups in response to rising demand. ,

The time to produce maple syrup is short and the “sugar time” usually occurs in late February and late April, as tree sweat is only able to flow when the daytime temperatures freeze and thaw. Warm temperatures in Quebec shortened the harvest season this year.

Production problems also occur after the agency moves to increase the number of faucet trees to slow black market sales and maintain market share. Quebec farmers have expressed frustration with production limits in recent years as American producers want to increase their production. Production of maple syrup in the U.S. fell 17 percent to 3.42 million gallons this year, and the number of taps rose 2 percent from a year earlier, according to the U.S. Department of Agriculture.

The reserve, which was the scene of a notorious robbery found in 2012, has not been taken advantage of in three years thanks to a few combinations.