Agriculture Commons^™

2013 Maple Business Benchmark, Mark Cannella, Mark Cannella, Chris Lindgren, Betsy Miller

UVM Extension Faculty Publications

Strong market prices, technology improvements and increasing sugar bush sizes are key features of the Vermont maple industry. The continued growth of maple production and maple investments elevate the interest in the financial performance of harvesting maple sap and processing maple syrup. The 2013 Maple Business Benchmark is the result of the first year of focused collection of financial information for the sector. University of Vermont Extension worked with 10 maple producers to complete financial analysis of their maple enterprise. Participants each received a detailed financial summary of their business that included information on sales, expenses, investments and profitability. That …