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The strategic reserve allows producers to keep prices stable — and the prices are not insignificant. Around the time of the heist, maple syrup was trading for $32 per gallon, or $1,800 per ...
Along with rising food prices, a weaker ruble following the latest round of American sanctions in November has fueled inflation and driven up the cost of imports into Russia. A huge increase in ...
I have a whopping $50 per month set aside for sweeteners, and between the disappearance of bees and the rising prices of maple syrup, it 25 things vanishing in America, part 2: Maple syrup Skip to ...
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.
A sugar maple tree. Three species of maple trees are predominantly used to produce maple syrup: the sugar maple (Acer saccharum), [5] [6] the black maple (), [5] [7] and the red maple (), [5] [8] because of the high sugar content (roughly two to five per cent) in the sap of these species. [9]
Flour War – occurring in 1775, this was an uprising caused by the excessive price of bread in France before the French Revolution. Early in the season for wheat harvesting and flour production, the government enacted fewer price controls than later in the year, leaving prices to the free market. This caused the price of flour to climb, 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 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.
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