Canada taps into strategic reserves to deal with massive shortage of maple syrup. Quebec produces nearly 70% of the world's maple syrup, with the US being its biggest client. The Canadian group Quebec Maple Syrup Producers recently announced it was releasing about 50 million pounds of its strategic maple syrup reserves.

Maple syrup is made from the sap from maple trees, which is traditionally harvested by installing a metal tap into the tree's trunk. Modern sap harvesting typically involves a system of plastic tubing and vacuums to collect the sap. This year's short and warm Spring resulted in an uncharacteristically low yield for producers.

In 2012, more than 3,000 tons of maple syrup were stolen from the stockpile over the course of months. The Quebec Maple Syrup Producers' communications director said they were already planning for the future. "What we can figure at this moment is maybe the season here in Quebec will start a bit earlier in February, instead of March, and end earlier also," she said.

The Quebec Maple Syrup Producers will be tapping 7 million more trees in the near future. The value of the heist was estimated at nearly $19 million Canadian dollars. So go ahead and top off those pancakes and waffles with the Canadian liquid gold this holiday weekend.
Tap to copy the Short Url to this post: 
All Business News on a Single Page. Join for Free →