DOWN
Banned
http://nypost.com/2016/03/29/the-ice-cream-man-will-screw-you-this-summer/
There's a vanilla shortage. In 5 years it's price jumped 1000%.
There's a vanilla shortage. In 5 years it's price jumped 1000%.
Soaring vanilla prices could make New Yorkers scream over the cost of ice cream this summer.
A bad harvest in Madagascar caused the price of vanilla beans to spike to about $400 per pound up from about $40 per pound in 2011 in America and world wide, according to Food Business News.
The bean shortage is a blow to Big Apple ice cream companies including favorites such as Blue Marble, Ample Hills and Van Leeuwen and some may be forced to raise prices, owners said.
Its a big deal. I got a letter from our vanilla supplier and nearly fell out of my chair the cost had doubled in two months, said Jennifer Dundas, owner of Brooklyn-based Blue Marble Ice Cream, which sells a popular Organic Vanilla flavor.
I may have to raise prices. I wouldnt be surprised if you see ice cream companies raise prices across the board on scoops and pints in grocery stores, she said.
Ice cream makers may increase the price of all flavors, not just vanilla, to account for the bean shortage, she said.