Vanilla is a hot commodity at the moment.
At our current rate of consumption, we’re driving vanilla prices sky-high. The price for a kilo of the brown stuff has jumped from $25 to $40 in a single day, which means your summer ice creams might be an even more expensive treat than usual.
Virtually all of the world’s vanilla supplies are grown in Madagascar, Mexico and India. But in the last year, Mexico’s yield has dropped by a staggering 90 per cent, reports Management Today. In fact, India’s yields are struggling too, leaving Madagascar as pretty much the sole source…
Continue reading… “A worldwide vanilla shortage is making ice cream a luxury”
