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Asked by: Ilai Uternohlen
food and drink non alcoholic beveragesIs maple syrup worth more than oil?
Accordingly, is maple syrup more valuable than gold?
The price of the breakfast-table treat, made from the sap of maple trees, has climbed 182 per cent since the end of 1980, more than crude oil and gold. The price paid to producers in Quebec — where more than three-quarters of the world's syrup originates — rose 0.7 per cent to $38.34 per gallon.
Besides, how much is a barrel of maple syrup worth?
With the value of maple syrup at roughly $1,300 a barrel, it's time everyone knew about FPAQ, the Canadian group that controls 72 percent of the world's supply.
Grade A is said to be the most preferred grade by consumers because of its light maple flavor and reminiscence of synthetic maple syrups, aka corn syrup based impostors. Grade B is produced later in the season and has a darker, grittier color, thicker viscosity, more robust maple flavor and more minerals.