Vanilla bean prices have been running between the equivalent of $1,000 and $1,200 per pound, nearly five times what it was a few years ago. And that’s rippling through the ice cream industry. One key reason for the increased cost is last year’s cyclone in leading vanilla producer Madagascar, which created a huge crop shortage. Larger ice cream companies, like Minnesota-based Kemps, a top-selling brand in the Upper Midwest, are having to make some adjustments. A Kemps spokesperson said the higher production costs might force customers to pay an extra 25 cents to 50 cents per gallon.
Click the audio player above to hear the full story.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.
make public service
Thank you for doing your part!