Poll: Expected Bulk Price

[OneLegJohn]

Where do you expect the bulk price for Medium Amber to be in the 4th QTR?

Less than $3.00/lb
$3.00-$3.50/lb
$3.50-$4.00/lb
Greater than $4/lb

[Greenwich Maple Man]

I would go with choice number one less than three or three at the most. I'v heard that there is till a surplus in Canada. Boy I do hope Im wrong and it is the last choice.

[OneLegJohn]

I'm going with $3.50-4.00.

[CBOYER]

check this thread:
http://mapletrader.com/community/showthread.php?16933-bulk-syrup-prices&p=186005#post186005, post #12

Québec federation still have 36.5 Millions pounds in reserve to maintain price, and 2012 seems to be normal for eastern part of Qc, where most producers are. if you get more than prices show there, it will be only due to transport cost.

[OneLegJohn]

I'll take that as $3 or less. The counter argument is The Federation can not make Wisconsin or Ohio Syrup. Therefore, strategic reserves will have very little impact on our business in an Ohio loyal market.

Producers and industry leaders should not shy away from the most significant question to their industry - what is going to happen to the bulk price in 2012?