Canada taps into strategic reserves to deal with shortage of maple syrup

Re:Canada taps into strategic reserves to deal with shortage... by refurb on Friday November 26, 2021 @10:42PM (#29357167)

It’s basically a cartel. But Canada does that with a lot of its agricultural products. Dairy is notorious for restricting supply to keep prices high. It’s why Canadians are shocked to see the price of cheese in the US. A block of Parmesan that costs $20USD might be $70CAD.

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Re:Canada taps into strategic reserves to deal with shortage... by Scoundreller on Saturday November 27, 2021 @12:24AM (#29357713)

Thing is, this cartel has no legal standing. There’s nothing stopping a supermarket from selling Ontario or Vermont maple syrup.

Quebec is ~70% of world production though, but it’s up to them and them only to control the price. Everyone else benefits without restricting supply. #2 exporter is Myanmar (? this must be a mistake).

It’s kinda like OPEC losing its power as other countries up their production. (And every OPEC member cheating).

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Re:Canada taps into strategic reserves to deal with shortage... by refurb on Saturday November 27, 2021 @08:16AM (#29359922)

Without the cartel it would be a bunch of random producers selling in a competitive market. Now it’s a single seller of Quebec Maple Syrup and you have to buy through them. It looks like some exceptions (small producers).

https://en.m.wikipedia.org/wiki/Federation_of_Quebec_Maple_S...

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Re:Canada taps into strategic reserves to deal with shortage... by Scoundreller on Saturday November 27, 2021 @12:46PM (#29361907)

You have to buy through them if you want to buy Quebec maple syrup, but you can also buy any non-Quebec syrup you want. Even in Quebec.

This is very unlike the other food cartels Canadians have a gun to their head to deal with.

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Re:Canada taps into strategic reserves to deal with shortage... by egberts1 on Saturday November 27, 2021 @07:47AM (#29359759)

Sugar maple, red maple, black maple.

Acer genus, Section Rubra provides most of their sugar export in Northern Myanmar despite having their own Maple genus.

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Re:Canada taps into strategic reserves to deal with shortage... by jimbob45 on Saturday November 27, 2021 @12:26AM (#29357721)

Why not just nationalize it at that point and just subsidize the farmers? Restricting supply is just leaving money on the table somewhere.

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Re:Canada taps into strategic reserves to deal with shortage... by pomian on Saturday November 27, 2021 @04:38AM (#29358917)

because this works. and had a for a long time. just seems strange from a distance. might not be few perfect, but it works.

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