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2019 Northeast Maple Business Benchmark, Mark Cannella, Christopher Lindgren
2019 Northeast Maple Business Benchmark, Mark Cannella, Christopher Lindgren
UVM Extension Faculty Publications
The 2019 production season rebounded with a 1% increase in US national syrup production from the previous crop in 2018. Bulk market prices continued a slow decline following reports of a strong 2019 crop year and continued strength of the US dollar.
General reports from maple producers and sellers indicate an environment of increasing competition for sales. Successive strong crop years bolstering supply, downward price pressure from Canadian import dynamics and more US producers pursuing direct and wholesale market channels reinforced the increased competition. By 2019 the signals to maple owners were clear, business performance in the modern maple era …