What’s Going On With Vanilla? Second only to saffron in cost of production, vanilla has always been a pricey spice. However, in the last seven years vanilla prices have skyrocketed, increasing almost 400x since 2011 (for premium vanilla beans). So what’s going on? Although vanilla is native to Mexico, and is grown commercially in many places around the globe, about ¾ (79%) of the world’s ... Continue Reading about Vanilla Prices – So What’s Going On?