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I was shocked this summer when I saw the price of maple syrup virtually double in a few weeks' time. My family sweetens a lot of our food with maple syrup as we are working to reduce overly ...
A swath of Canada better known for maple syrup is being tested to mass produce berries normally grown in warmer locales, making it the unexpected beneficiary of extreme weather, local demand and ...
The high price of maple syrup is leading to some sticky crimes in Quebec, Canada, where someone recently broke into a sugar shack and stole eight barrels of maple syrup worth $16,000 to $18,000 ...
The reserve is used to support global maple syrup prices and supply, and has been called "the OPEC of the maple syrup world" by The Economist. [ 8 ] [ 9 ] A barrel is worth about $1,200 or $2.88 per pound which is 10-18 times the value of U.S. crude oil.
The Great Canadian Maple Syrup Heist (French: vol de sirop d'érable du siècle, lit. 'maple syrup heist of the century') was the theft over several months in 2011 and 2012 of nearly 3,000 tonnes (3,000 long tons; 3,300 short tons) of maple syrup, valued at C$18.7 million (equivalent to C$24.1 million in 2023) from a storage facility in Quebec.
Cost-push inflation is a purported type of inflation caused by increases in the cost of important goods or services where no suitable alternative is available. As businesses face higher prices for underlying inputs, they are forced to increase prices of their outputs. It is contrasted with the theory of demand-pull inflation.
It is rare for price spikes to hit all major foods in most countries at once, but food prices suffered all-time peaks in 2008 and 2011, posting a 15% and 12% deflated increase year-over-year, representing prices higher than any data collected. [38] One reason for the increase in food prices may be the increase in oil prices at the same time ...
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