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  • This is saffron, and just one pound of it can cost you $5,000.

  • It's easily the world's most expensive spice.

  • The next most expensive spice?

  • Vanilla at about $600 a pound.

  • So, what makes saffron so wildly expensive?

  • For starters, saffron is a complicated spice to harvest.

  • My name is Arash Ghalehgolabbehbahani. I am a post-doctoral research associate at the University of Vermont.

  • To harvest the saffron, you need a lot of hand work to pick up the flowers, separatesaffron is the dehydrated or dry stigma.

  • The stigma is the female part of the flower. You have to separate the stigma, dry that, and for all of these procedures, you need hand works, laborers.

  • I prefer to harvest the flowers by hand because I don't like to damage the other parts of the plants.

  • Saffron comes from the Saffron Crocus flower, and each flower has three red stigmas.

  • That's the saffron.

  • The yield of saffron is really low. You know, you have to hire a lot of laborers to harvest 4 pounds of saffron per acre. That's nothing.

  • Just one pound of saffron requires 170,000 flowers.

  • The purple flowers bloom over a six week period from late September to early December.

  • There's also a specific time of day to harvest them.

  • When we have a higher relative humidity in the air, it can affect the saffron quality.

  • Also, sunlight can break the chemical structure in the saffron.

  • So, we prefer to harvest the saffron early morning every day, or, if you don't have flowers every day, every two days.

  • 90% of the world's saffron is grown in arid fields in Iran.

  • But harvesting all that saffron comes at a price.

  • Why is Iran the main producer of saffron? Because workers are available and they are cheap.

  • In some parts, it's like slavery, their behavior with laborers. I hate that, I should say.

  • Based on my experience, you know, they usually, the workers came to farms in Iran around 5,6 a.m. and they left around 4 p.m.

  • Most saffron harvesters are women, getting paid a maximum of five dollars a day.

  • Saffron is not only grown in Iran.

  • It's grown in Morocco, Spain, Italy, the Netherlands, Afghanistan, India, and even in the United States.

  • Why the US?

  • Though many Americans have never eaten saffron, the US imported 25 tons in 2013 and 46 tons in 2016.

  • I knew that saffron has a good resistance to the cold weather. If you cover Vermont state with a layer of plastic, you will have the same situation that we have in Iran.

  • What's so great about saffron?

  • Over centuries, it's proven useful in many situations.

  • Saffron is most commonly used in cooking.

  • As an Iranian, every day we use saffron in our dishes, you know. We cook with saffron a lot. So far, I cannot find an alternative for the taste of saffron.

  • It gives paella its signature flavor and golden color.

  • It's also used in broths, breads, and marinades.

  • When saffron is broken down, it creates a golden dye.

  • Everything is not just about saffron production procedures.

  • Saffron contains some chemical components, which are really expensive, like picrocrocin, crocin, and safranal.

  • They are three main components or compounds, which are responsible for the taste and color and smell of saffron.

  • When we are talking about saffron quality, technically we're talking about these three chemical components. Saffron, inherently, is a valuable thing.

  • People have tried passing turmeric, red marigold petals, and lily flower stigmas as saffron.

  • But the flavor and dye is totally different.

  • In large quantities, saffron can be a potent, happiness-inducing narcotic.

  • And research suggests, it may help reduce the symptoms for Alzheimer's, depression, and PMS.

  • Who knew this little spice packed such a punch?

This is saffron, and just one pound of it can cost you $5,000.

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