Current Weather
The Spy FM

Thieves Hit Warehouse Holding $30 Million Of Canadian Maple Syrup

Filed by KOSU News in World News.
August 31, 2012

Every nation stockpiles vital resources — think of the U.S. Petroleum Reserve, for instance. In Canada, they have warehouses holding millions of pounds of maple syrup. And recently, one of them was the site of what may be “the sweetest heist of all time,” as The Vancouver Sun reports.

The Federation of Quebec Maple Syrup Producers, which announced the theft Thursday, says that a routine check of its reserves found a warehouse in St-Louis-de-Blandford, northeast of Montreal, had been hit by thieves.

“In total, the burglarized warehouse held over 10 million pounds of maple syrup amounting to over 30 million dollars in value,” according to the syrup federation.

That figure is in Canadian dollars. At current exchange rates, it represents $30.4 million. And the criminals seem to have been very crafty, siphoning the syrup into other containers so they could leave behind what looked like undisturbed barrels of amber sweetness.

As police investigate, the federation and an audit firm are giving the warehouse a careful examination to learn how much syrup was stolen.

The Quebec syrup producers’ group says it has about 10,000 members, “and is responsible for the administration of the bulk maple syrup sales agency as well as the global strategic maple syrup reserve.”

That may sound like hyperbole — to anyone who doesn’t enjoy syrup. But the theft comes at a vulnerable time for maple syrup supplies. The Canadian federation notes that U.S. syrup producers suffered “a very low, indeed catastrophic, harvest during the 2012 season.”

Quebec provides two-thirds of America’s syrup, and between 70 and 80 percent of the world’s supply, according to the federation’s Caroline Cyr. The group says that Quebec province’s maple trees yielded 96.1 million pounds of syrup this year.

Calling the thieves “sticky-fingered,” The Montreal Gazette notes that “all maple syrup inventories are fully insured.”

The syrup federation’s president, Serge Beaulieu, insists that the reserves are adequately secured and monitored. And, he notes, “The sales agency’s maple syrup inventory is spread across several storage locations that were not subject to theft.” [Copyright 2012 National Public Radio]

Leave a Reply

2PM to 3PM PRI's The World

PRI's The World

Get a fresh perspective of people, events and trends that shape our world. Host Lisa Mullins covers a wide range of topics, including science, business, technology, sports, art and music.

Listen Live Now!

3PM to 6PM All Things Considered

All Things Considered

For two hours every weekday, All Things Considered hosts Robert Siegel, Michele Norris and Melissa Block present the program's trademark mix of news, interviews, commentaries, reviews, and offbeat features.

View the program guide!

6PM to 6:30PM Marketplace


Hosted by Kai Ryssdal, award-winning Marketplace is public radio's daily magazine of business and economics.

View the program guide!

Upcoming Events in your area (Submit your event today!)

Streaming audio and podcasts

Stream KOSU on your smartphone

Phone Streaming

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services

We're perfecting the patient experience - Stillwater Medical Center