The Maple Syrup Cartel
The Indicator from Planet Money
The Maple Syrup Cartel
The Maple Syrup Cartel
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The Indicator from Planet Money
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More than 70 percent of the world's maple syrup comes from the Canadian province of Quebec. Producing maple syrup is very dependent on the weather, but global demand doesn't quit just because of a bad spring. So the maple syrup producers of Quebec set production quotas to control over-production and a reserve, to make sure the supply never runs dry. That's right, there's a global strategic reserve of maple syrup.
Today on The Indicator, big maple. How Quebec's supply management system affects the rest of the syrup-producing world, and what that means for your breakfast table.
Music: Fancy Funk. Find us: Twitter/ Facebook. Instagram: @planetmoney
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