Overview
- The Québec producers' association (PPAQ) said Thursday that the province’s strategic maple syrup reserve has been sold off and is expected to be fully depleted by the end of February 2027.
- PPAQ estimates buyers’ private inventories rose by more than 35 million pounds after large purchases last year, with US importers buying extra stock amid tariff fears.
- The association says no immediate supply shortage is expected because private warehouses are currently full, but the reserve’s withdrawal removes an official cushion against production shocks.
- Producers are asking the provincial government for additional financial support and the Parti Québécois plans to open 50,000 hectares of public forest for commercial maple production to boost future output.
- Quebec dominates global supply—about 90 percent of Canada’s production and roughly 75 percent of world output in 2025—so a poor 2027 harvest could quickly translate into higher prices and push buyers toward alternatives as happened in 2007–08.