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Millions of dollars in maple syrup stolen
Talk about sticky-fingered thieves. They've struck in Quebec, snatching millions of dollars worth of maple syrup from a warehouse in Saint-Louis-de-Blandford, between Montreal and Quebec City.
Up to 10 million pounds of syrup was in the warehouse, according to a statement from the Federation of Quebec Maple Syrup Producers, which bills itself as keeper of the global strategic maple syrup reserve.
Officials could not say exactly how much of the product was stolen, but a Quebec police official told The Globe and Mail it was a substantial quantity.
“We know that it’s millions of dollars that was stolen,” Sgt. Richard Gagné is quoted as saying. “It’s a very large amount.”
The 10 million pounds of syrup that was in the warehouse is worth more than $30 million, according to the federation statement.
The theft was discovered during a routine inventory check of the warehouse, which "had been secured by a fence and locks, and visited regularly," federation president Serge Beaulieu said in the statement.
The barrels that originally contained the syrup were empty, meaning it was somehow transferred to some other kind of containers to complete the theft, the federation said.
The warehouse where the theft occurred was being used to temporarily store the sweet stuff while a new facility was being prepared.
As much as 80% of the world's maple syrup comes from Quebec, the federation said.
Though the federation is insured for the loss, if the stolen syrup makes its way onto the market, it could hurt the group's 10,000 members.
"The marketing of the stolen maple syrup will affect the entire maple industry. It is crucial to identify those responsible for this crime," the statement said.
“Obviously those people stole the maple syrup to sell it somewhere,” federation director Anne-Marie Granger Godbout told The Globe and Mail. “If it’s a big volume, it could be very harmful for the maple syrup industry. The companies that are working in this industry will have to compete with some company that didn’t pay for the maple syrup.”
The federation said the theft shouldn't affect supplies available to the public.
"The sales agency's maple syrup inventory is spread across several storage locations which were not subject to theft," Beaulieu said in the statement.
The amount in the warehouse represents about one-10th of Quebec's 2012 harvest and more than 25% of the federation's stock, CNN affiliate CBC reported.
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"Them" are here!
I believe you will find one very satisfied bear, who has changed his diet due to global warming.
How do I get maple syrup for just $3/pound. I end up paying $10 for 6oz
I know that struck me as odd too. I want the stuff!!!!!!!!!
because that's just the maple syrup... it might not have been totally processed yet, so you're also paying for the labor/ingredients put into it, and also the labor to make it, and the packaging. Not to mention, if the company wants to survive/advertise/expand, that has to be paid for with the product (and stocks perhaps). All of that together is usually worth a fare amount more than the actual product, with just about everything on the market. Also the time it takes to get it through customs, and make sure it's good enough to sell in the US by the FDA standards, etc etc etc... i could keep going for pages. so $10 is actually not that bad.
That would be bulk, wholesale price.
AC there should be no other added ingredients to pure maple syrup. This isn't Mrs. Buttersworth syrup we are talking about here.
AC theres no processing done to it, you just put it in a different bottle or whatever, thats all. if anybody messes w the syrup they cant call it "pure" anymore and its not worth even $3/lb. Wow i didnt know there was such a horrendous markup on the stuff
A gallon retails for around $60 or $70. Fortunately I make my own every spring and don't have to worry about how much it costs.
Insurance job.
It was Aunt Jamima's. Or a biofuel plant.
Should this article be written in English and French?
I lol'd
An alien spaceship is using it for fuel to get back to their home planet WAF FLEs or its an insurance scam.
I hope they dont waffle on solving this crime
Those criminals are in a sticky situation,and soon they will be (french canadian) toast
10 mil pounds...
Maple flavored rum maybe? Don't think so.
I smell fraud......Maple syrup producers saw a drastic reduction in sap this year due to the early spring... just saying.
or........100 winos are going to be really unhappy when they find out the barrels are full syrup and not whiskey
Even if they find the thieves, the charges won't stick.
So they stole a bunch of syrup, now what? Talk about a liquidity risk! How are they going to convert that syrup into cash? Hold the syrup for ransom? I'm assuming they have no practical use for that much syrup. If they try to sell it in bulk it will raise a red flag immediately. Maybe they'll sell it off a few bottles at a time, like some kind of criminal pension plan. Or maybe a terrorist organization has found a way to weaponize maple syrup and their leader is delivering a monologue to James Bond as we speak...
lol strategic maple syrup reserve? that is great