27 min

Like Butter in the Bank Your Brain on Facts

    • History

A strategic reserve is a commodity held back by governments to stabilize prices or protect against shortage.  Your mind may go immediately to the 35 million barrels or so of crude oil that the US has in storage, but there are all kinds of strategic reserves around the world.  From cotton in China, to butter and wine in the EU, to the Global Strategic Maple Syrup Reserve, we talk about strange stockpiles (mostly food) and their effect on producers and consumers.

A strategic reserve is a commodity held back by governments to stabilize prices or protect against shortage.  Your mind may go immediately to the 35 million barrels or so of crude oil that the US has in storage, but there are all kinds of strategic reserves around the world.  From cotton in China, to butter and wine in the EU, to the Global Strategic Maple Syrup Reserve, we talk about strange stockpiles (mostly food) and their effect on producers and consumers.

27 min

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