Posts tagged “price

Syrup Slumps – Bad production season

Well It turns out that this year was pretty bad for everyone, not just Sugar Island Maple Grove.

A recent article in the Ottawa citizen show that there was an industry slump in both Maple Syrup Production and Honey production.

you can read the full article here.

Canada production was down from 5.1 million gallons last year to 4.9 million gallons of maple syrup this year, a 4.8% drop in production. The main culprit was of course the weather, even though I think ours was more of the stack!

This however drives the price of syrup up as there in more demand than supply. So if you are an independent producer of maple syrup SELL NOW!

Christmas is a perfect time to sell maple syrup because many people want to give it as gifts in addition to regular consumption. Once Christmas is over I feel that the price will drop again until the end of the year. Kind of like the price of pumkins in the simpsons.

Syrup as a commodity

I ran into this story about a shortage of maple syrup due to a new cook book by a Nigella Lawson. If you have syrup to sell to the UK now might be the time. It is funny because the recipt only calls for about 80ml of syrup. They are calling this the Nigella effect.  I just goes to show that when there is a demand for Maple Syrup it can shoot up at a moments notice.

Read the whole story here: Nigella effect strikes again as sales on maple syrup soar.

I also wanted to find out more about the industry on maple syrup in Ontario and Canada. I found the Statistics Canada commodity number which is 17022020 but that is about it.

Maybe I will pay the 3 bucks and get the report some day.