{"id":12995,"date":"2015-09-04T09:00:28","date_gmt":"2015-09-04T13:00:28","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=12995"},"modified":"2015-09-04T08:19:09","modified_gmt":"2015-09-04T12:19:09","slug":"the-economics-of-canadas-maple-syrup-strategic-reserve","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2015\/the-economics-of-canadas-maple-syrup-strategic-reserve\/","title":{"rendered":"The Economics Of Canada\u2019s Maple Syrup Strategic Reserve"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/09\/090415_1201_TheEconomic1.jpg\" alt=\"\" width=\"640\" height=\"427\" \/><\/p>\n<p>We&#8217;ve previously covered Canada&#8217;s &#8220;<a href=\"http:\/\/www.centives.net\/S\/2012\/strategic-reserves\/\">strategic maple reserve<\/a>&#8220;. Ian Austen looked at why it was there and the wider maple syrup cartel:<\/p>\n<ul>\n<li>Quebec produces 70% of the world&#8217;s maple syrup and has a federation that enforces production quotas.<\/li>\n<li>Those that try to skirt the federation&#8217;s rules get massive fines and can even have their production equipment seized.<\/li>\n<li>Maple syrup is notoriously difficult to make. The sap that it requires only flows from trees at a very specific temperature.<\/li>\n<li>Before the federation prices would fluctuate wildly as the amount of sap that trees produced drastically changed from year to year.<\/li>\n<li>The federation stepped in and set up a strategic reserve. If maple production exceeds quotas it is stored in the reserve. When production is low the reserves are released to maintain a stable price.<\/li>\n<li>The federation charges a membership fee of several hundreds of thousands of dollars. It also taxes each pound of syrup 12 Canadian cents.<\/li>\n<li>That money is then used to enforce production quotas, and promoting maple syrup around the world.<\/li>\n<\/ul>\n<p>Read about the farmers who are very upset with the quotas, the threat from the United States, and more over <a href=\"http:\/\/mobile.nytimes.com\/2015\/08\/23\/business\/international\/canadian-maple-syrup-producers-clash-with-law.html?_r=0\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/mobile.nytimes.com\/2015\/08\/23\/business\/international\/canadian-maple-syrup-producers-clash-with-law.html?_r=0\">The New York Times<\/a><\/p>\n<p>Via: <a href=\"http:\/\/marginalrevolution.com\/marginalrevolution\/2015\/08\/the-maple-syrup-cartel.html\">Marginal Revolution<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We&#8217;ve previously covered Canada&#8217;s &#8220;strategic maple reserve&#8220;. Ian Austen looked at why it was there and the wider maple syrup cartel: Quebec produces 70% of the world&#8217;s maple syrup and has a federation that enforces production quotas. Those that try to skirt the federation&#8217;s rules get massive fines and can even have their production equipment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/09\/090415_1201_TheEconomic1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=12995"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12995\/revisions"}],"predecessor-version":[{"id":13001,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12995\/revisions\/13001"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/12994"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=12995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=12995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=12995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}