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Asked by: Ilai Uternohlen
food and drink non alcoholic beveragesIs maple syrup worth more than oil?
Last Updated: 18th January, 2020
It's also in place because the production of maple syrup can fluctuate year to year depending on the weather. That makes a barrel of maple syrup worth $1,327 US. By comparison, a barrel of Brent crude is $53.19 US, making the syrup twenty-five times more expensive than oil.
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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.
Similarly, why is real maple syrup so expensive? The sugaring season (that's right, maple syrup is a seasonal crop) begins at the end of winter and the beginning of spring, when the frozen sap of the maple trees thaws and begins to flow. So while maple syrup is expensive, that price is a natural reflection of both its scarcity and its labor-intensive production.
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.
Is Grade A or B maple syrup better?
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.