Vanilla Woes...

[niankhsekhmet]

All of us who love vanilla are going to be in for sticker shock. In the last three years there has been a 210% increase in the price of vanilla. The reason? In the late 90's low prices spurred less vanilla cultivation, then a typhoon damaged the vanilla crop in Madagascar. The following year, another Typhoon, Huda, caused speculation in the vanilla market and the product rose in price.

These prices led the farmers to harvest their crops too early, which caused even more damage to the vanilla vines. Poor weather, bad harvesting practices, and the civil war that is now going on in Madagascar has made the supply of vanilla beans quite limited and the prices continue to climb. This year, Magagascar has had another bad harvest year. For the first time in alot of years Frontier may actually RUN OUT of vanilla beans and or vanilla extract - just like we have run out of true arrow root which grows only in specific areas, the one we carry grows in one place on the entire planet, that being St Vincent Island. The crop was very bad, McCormick Spice got the bulk of it, we got a little bit...we now don't have it in bulk, but only in small spice bottles. Also missing in action is quality Eucalyptus Globus Essential Oil - particularly anything orgainc and Fennugreek Seed organic.

Welcome the wonderful world of finite resources. :-/

Comments

finite resources

[dumud.livejournal.com]

jeez...
well, I'll skip my first impulsive response (you can imagine..)

when progress means having to secretly cultivate privately without social peer, technology fails us

that's about all I can say about that crap

on a brighter note...
watch the mailbox
:)

Re: finite resources

[niankhsekhmet.livejournal.com]

I wanted to say thank you to you my friend, but it seems I have been deleted from your friends list so I am unable to offer my thanks there. Hopefully, this comment will get to you by email.
Anyway, I thank you for the wondeful gifts, Dean. That was very sweet of you and everything is just wonderful. I am humbled by your generosity. Thank you again.

[jamesbaxter.livejournal.com]

With the information you've disseminated, sounds like a good time to investigate the commodity charts. Perhaps making money on the vanilla futures market could offset your personal expenditure on vanilla. I think I'll look into that myself, thanks for the information, keep on letting us know any info you find as you look into these resources.

[niankhsekhmet.livejournal.com]

You know, I thought about that, too. When a gallon of vanilla (wholesale price) is over $300, that' when you say, gee, investing in Vanilla from Madagascar is a no brainer! There is still Tahitian Vanilla, but it isn't nearly as good or flavourful.