Description: Canadian maple-syrup output is capped by the Federation of Quebec Maple Syrup Producers, a kind of government-sanctioned cartel that accounts for 71 percent of world supply. But Quebec growers are now demanding the shackles be loosened as they watch competitors in Canada and the northern U.S. boost supplies to meet rising demand. Bloomberg’s Pamela Ritchie has more on “Bloomberg Markets.” (Source: Bloomberg)
Source: Bloomberg.com – video report
Date: Feb 26, 2016
Questions for Discussions:
- What does this report say about the efforts to control the price of maple syrup?
- Why is it likely to become increasingly more difficult to control?
- How should the industry respond to market conditions, in your opinion?