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2016 Maple Business Benchmark, Mark Cannella, Christopher Lindgren
2016 Maple Business Benchmark, Mark Cannella, Christopher Lindgren
UVM Extension Faculty Publications
At the time of this report (January 2018) market prices have dropped to near $2.00 per pound for bulk syrup and organic premiums have declined modestly. The current US bulk market prices have de-coupled from an exact calculation of the Federation of Quebec Maple Syrup Producers (FPAQ) pricing levels adjusted for US-Canadian currency exchange rates. Several public presentations from industry leaders at VT Maple Conferences have confirmed that markets continue to grow but that there is short term surplus syrup inventory following strong 2016 and 2017 crop years. This market situation continues to prompt dialogue about the industry outlook, policy …