2018 Bulk Price

[markcasper]

It is hard to say precisely, because packers aren't marketing the syrup directly in many cases. They sell to wholesalers and retailers, so any margin is split between those parties. What I hear from packers is that the retailers (especially the big markets like Costco and Walmart) are squeezing them to lower their prices, but the stores are not dropping the retail price. So while having big reserves (in Quebec) is probably good for ingredient markets to keep prices stable, having an oversupply that retailers can see acts to drop the wholesale price they will pay to packers.

Then again, we have the U.S. $ to Canadian $ that still factors into it as well. It's all a bit murky at those levels....and the packers are obviously reluctant to discuss it because they don't want other packers to know their prices or customers.

Yes, after I wrote the previous......it dawned on me about what the big box stores are doing behind the scenes. With that being said, there was another post earlier in the year about the exchange rate and its relation to prices. At least a few months ago, most on here were at the consensus that US syrup should be worth $2.30 - $2.40 /lb. based solely on the exchange rate, NOT $2.00 /lb. for grade A.

[mellondome]

When I sold my first bulk syrup i got 3.20/lb for it. Just like any other ag segment, going down while the cost of everything else climbs.

So what do the packers and big box stores do when the exchange rate goes the other way and price goes back over $3?

[Haggard]

Keep in mind, there are tariff movements between the US and Canada now. Looks like there is going to be a proposed 10% tax on maple syrup/maple sugar imported from Canada (https://www.fin.gc.ca/activty/consul...cmpcaa-eng.asp, table 2) -- provided it is not just posturing, this could push estimates up for U.S. bulk sales prices. I'm crossing my fingers, but I am hoping this holds for the next couple of years before getting straightened out.

[DrTimPerkins]

I believe that tariff on maple syrup is for U.S. syrup imported INTO Canada, not the other way around.

[Haynes Forest Products]

Thank you for the clarification I know it a tit for tat issue that wont really work but get people thinking.

[Flat Lander Sugaring]

then lets tariff them 40%, we don't need their syrup A.

[Louie]

then lets tariff them 40%, we don't need their syrup A.

Why not 50% and then have a special team that grades the syrup.

[OneLegJohn]

I believe that tariff on maple syrup is for U.S. syrup imported INTO Canada, not the other way around.

Is the tariff for bulk and/or packed syrup?