The Not-So-Sweet Fight Over Maple Syrup

The video discusses Quebec's significant role in global maple syrup production, controlling 71% of the supply. Quebec producers operate like a cartel, setting prices and quotas to prevent market flooding. This system is compared to OPEC's oil production control. However, some producers bypass quotas, leading to a black market. The demand for natural sweeteners, including maple syrup, is rising globally. In the US, particularly Vermont, maple syrup production is growing, with no quotas, affecting market dynamics.

What is the current benchmark price for maple syrup set by Quebec producers?

How has the number of taps in Vermont changed over the past eight years?