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Where is the maple industry headed? Where are bulk prices headed? Is the global market demand for syrup keeping pace with the expansion in production? This panel discussion includes Bruce Bascom (Bascom Maple Farms), John Kingson (Butternut Mountain Farm), David Hall (Quebec Federation of Maple Producers) and Mark Cannella (UVM Extension Farm Business Specialist). The session is moderated by Mark Isselhardt (UVM Extension Maple Specialist)
What is the state of the industry? Where are bulk prices headed? How will the increase in Quebec quota impact the world supply of syrup? Industry professionals lead this panel discussion. Recorded at the 2017 Vermont Maple Conference.
Maple and the maple industry are synonymous with Vermont with its sugar houses and mountain sides with colorful leaves in the fall. The maple industry, beyond producing maple products, contribute to the image of Vermont and to its tourism. This report focuses on the economic contribution of the maple production supply chain from equipment manufacturing, equipment sales, installation to sugaring, packing and production of maple products. Though putting a dollar amount on the contribution of the maple industry to tourism in Vermont would be a complex task, and beyond the scope of this report, the contribution is likely very significant.
There is ample room to grow the maple market in Ontario. OMSPA commissioned this report and the accompanying budgeting tool to assist maple entrepreneurs in building a solid BUSINESS PLAN to tap into this incredible business opportunity. The accompanying Excel budgeting tool facilitates the exploration of various scenarios of yield, scale, and capital investment to measure the impact on the bottom line profitability.