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Thread: Bees Wax Prices

  1. #1
    Join Date
    Oct 2006
    Location
    Omaha Ne
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    80

    Default Bees Wax Prices

    My son called Dadant's the 1st part of the week & made a deal to trade a ton of beeswax for $2.00 towards equiptment.
    He got the load in to them yesterday & got the bad news that the price had dropped almost .40 cents a pound.
    They did honor the $2.00 deal but talk about a kick in the jimmies.
    WOW.

  2. #2
    Join Date
    Nov 2007
    Location
    Freedom Indiana
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    30

    Default

    Huh. We been selling it for $7 a pound around here.

  3. #3
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    Jun 2005
    Location
    Greensboro, N.C.
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    5,080

    Default

    Since they honored the deal, what's the problem. Prices change regularly. Maybe by the time he collects another ton, it will be up to 2.50.
    It does teach that you need to deal before shipping, not just ship for going rate.

  4. #4
    Join Date
    Oct 2006
    Location
    Omaha Ne
    Posts
    80

    Default Bees wax

    Your talking retail for the $7 bucks deal.
    Wax was as high as $2.35 60 days or so ago.
    That's a 20% drop in a few days time.

  5. #5
    Join Date
    Jan 2003
    Location
    Manitoba Canada
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    6,627

    Default

    I sold my cappings for 1.9$/lbs white wax price net. Rendering is about .2$ cost.

    What was the reason given for the .4$ drop? The wholesale price of wax doesnt tend to fluctuate that much.
    Ian Steppler >> Canadian Beekeeper's Blog
    www.stepplerfarms.com

  6. #6
    Join Date
    Jan 2005
    Location
    omaha nebr. USA
    Posts
    494

    Default wax prices

    Same ole story.
    No demand & seems lot of big guys were sitting on how many years worth of product.

  7. #7
    Join Date
    Nov 2006
    Location
    Tulsa, OK
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    3,590

    Default Just curious

    About how many hives does it take to make a ton of wax in a year?

  8. #8
    Join Date
    Jan 2007
    Location
    berkshire county MA
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    1,472

    Default

    retail price went up at Betterbee. Last year it was $75 for a good clean 20lb block. Around nov/dec it jumped to $90 and is still there

  9. #9
    Join Date
    Feb 2006
    Location
    Herrick, SD USA
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    4,627

    Default beeswax prices

    I wouldn't necessarily view Dadant's lowered bid as an indication of a lower wax market. It could just be a situation where they are well stocked for their needs for awhile and they are only willing to buy if they can get a bargain. I might qualify as one of those "big guys" sitting on a number of years of production. My logic is that A: Beeswax is a very scarce commodity when one considers how little is produced. Relative to honey production it seems to me it should be worth far more than about double the price. B:At some point with oil prices always on the climb and paraffin as it's main competitor won't their come a point where, at the very least, it becomes more valuable simply because of the heat it produces.C: Some unforseen use may emerge such as the patenting of a product to clean up oil spills that used beeswax (never hear any more about that). and of course D: It keeps very well although not necessarily in raw capping form.

  10. #10
    Join Date
    Jan 2005
    Location
    omaha nebr. USA
    Posts
    494

    Default Prices

    That's just it Paraffin took a big jump up we were told.
    Dadant's told my son that there had record amounts of wax turned in in the past 60 days.
    With the short crops in the Dakota's we were surprised.
    As far as how many hives it take to make a ton of wax?
    We don't figure how many hives it takes but usually figure for evey 10 drum of honey we should get 100 to 125 pounds of rendered wax.

  11. #11
    Join Date
    Aug 2002
    Location
    Nehawka, Nebraska USA
    Posts
    46,763

    Default

    I'd be happy to pick 100 pounds up for $2.50 a pound or so...
    Michael Bush bushfarms.com/bees.htm "Everything works if you let it." ThePracticalBeekeeper.com 40y 200h 37yTF

  12. #12
    Join Date
    Jan 2003
    Location
    Manitoba Canada
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    Default

    I produced roughly 800-1000lbs of cappings off 600 producing hives
    Last edited by Ian; 01-20-2008 at 12:46 PM.
    Ian Steppler >> Canadian Beekeeper's Blog
    www.stepplerfarms.com

  13. #13
    Join Date
    Jan 2005
    Location
    omaha nebr. USA
    Posts
    494

    Default Wax

    Sorry Mike. Left it all at Dadant's in exchange for several 100 deeps.
    We like to add at least a 100 new ones a year with frames & plastic cell.
    He repaired several 100 last year & we both decided that it would not be to hard to to find a couple hundred to change out.
    That never seems to end.
    I will say in looking at the dates on some of the shells, many have been in service for up to 20 years and many only need a coat of paint.
    Got to love that copper napthate.

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