Quebec’s Maple Syrup Producers Association plans to release about half its strategic reserve inventory this year to meet export demand.
Demand for maple syrup is increasing, but the key Canadian industry has not had the best luck with crop quality since 2020. A maple syrup producer updated us on their current crop conditions as the end of the season approaches.
David Hall, a Quebec Maple Syrup Strategic Reserve board member, shared more about how unfavorable weather conditions have continued to impact flow and sugar quality.
The Board says their plans will draw down reserve inventory severely, but a necessity to maintain meeting demand for authentic maple syrup as the industry faces competition from cheaper, maple-flavored products.
This reserve is the world’s only commercial stockpile of maple syrup, with a storage capacity of about 150 million pounds.