Tune in to our Fireside Chat about the Global Vanilla Market
Our Vice President of International Operations Henry Todd recently held a Fireside Chat with the Institute of Food Technologists’ Jay Gilbert, Scientific Programs and Career Pathways Director. During the conversation, they discussed how global vanilla leaders like Virginia Dare remain committed to improving Malagasy vanilla smallholders’ livelihoods by working to reduce market volatility, promote financial inclusion, and provide a Living Income.
Recent market developments and the imposition of Madagascar’s minimum price policy have provoked international debate about how to best carry on with this work. Throwing in a global pandemic on top of all of this, industrial users of vanilla are more vigilant than ever about protecting margins and aggressively managing costs.