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  1. #1
    Join Date
    May 2008
    Location
    Snowmass, Colorado, USA
    Posts
    2,497

    Default Honey Market Report June 08

    June 2008

    Raw honey prices continue to escalate with Light Amber honey prices starting
    to escalate more rapidly. This was expected with the large price disparity
    between Light Amber honey and White honey, and as Light Amber honey fills
    the void for the short supply of White honey. There are reports of several
    hundred containers of imported honey being held up by customs for possible
    adulteration, and this has added to the supply issue.

    The California honey crop, although better than last year, is still
    projected to be below average. In the prime honey producing areas of the
    Upper Midwest, conditions look favorable as rains have helped to relieve
    some drought areas in that region. Things can change very quickly, but right
    now weather conditions look favorable for a good crop. The issues that
    could negate good crop conditions are:

    Reduced forage areas as much more of this area is turned over to cropland or
    is lost to urbanization.

    Colony Collapse Disorder is becoming a bigger problem than originally
    expected with more and more reports of heavy bee losses. Many beekeepers
    will again opt to forsake a honey crop to rebuild their colonies for the
    very lucrative pollination season.

    Although expectations are for a better crop than last years' dismal 148
    million lb. crop, we don't expect anything close to an average crop in the
    U.S. The 200 million lb. average crops of a few years ago are probably
    history as that number continues to drop, and 170 to 180 million lb. crops
    may become the normal.

    The Canadian honey crop is also expected to be below average, and prices
    should mirror U.S. honey prices. Most of the 2008 South American honey crop
    has been bought up by Europe as the U.S. found it difficult to compete for
    that honey with our weaker dollar.

    In summary, the raw honey price should remain strong through the end of this
    year into 2009. Needed to stabilize prices will be more honey entering the
    world market from Asian countries, but with many of these countries
    utilizing their honey for their own needs, and with reluctance on the world
    market to buy some of this honey for quality reasons, this will probably not
    ease the supply issue. Not until raw honey prices reach a level that
    reduces the demand for honey, will we see softening prices.

    Report taken from this website. http://skamberg.com/

  2. #2
    Join Date
    Mar 2004
    Location
    Huntington, West Virginia, USA
    Posts
    438

    Lightbulb thanks for posting this

    My honey is selling very fast, now I see why! Thanks again - Danno

  3. #3
    Join Date
    May 2007
    Location
    Hays, Kansas, USA
    Posts
    1,080

    Default

    I have a concern with ranking members of our state association who 'give' their honey away retail-wise. I feel they should help set an example for other members to follow of charging a reasonable price for an unequaled product. I saw some local raw honey (within 70 miles) being sold in a relatively high priced organic food store (although the honey was not "organic") for way less than our retail - and that was after the retailer's markup. If honey is of late worth more and I believe it is, then we should be charging more (within reason).

    I'm not recommending we set up a price fixing situation, but we should be getting a reasonable price for our products considering value, operating costs, etc. We don't seem to have a problem selling, but ours is sold at about 95% direct retail.

  4. #4
    Join Date
    Jul 2008
    Location
    Damascus, Maryland
    Posts
    376

    Default


    I just took some but have never sold any........ I was wondering how much I should sell it for if and when I ever need to. Right now the wife wants it: she is canning an needs sugar.

    also how should I sell it?

    quarts gallons what??

    thanks JB:}
    "Life without God is like an unsharpened pencil - it has no point."

  5. #5
    Join Date
    Jun 2006
    Location
    Oxford, Kansas
    Posts
    1,988

    Default

    Quote Originally Posted by Swobee View Post
    I have a concern with ranking members of our state association who 'give' their honey away retail-wise. I feel they should help set an example for other members to follow of charging a reasonable price for an unequaled product. .
    .Swobee I couldnt agree with you more on this. Sounds like you have been at the state association meeting when they asked what people sold there honey for. A large majority of them are retailing at $3.00 lb I couldnt believe it makes no sense. With a glass Jar costing over $1.00 each with shipping plus your expenses they are going in the hole.

  6. #6
    Join Date
    Jul 2008
    Location
    greer south carolina USA
    Posts
    86

    Default price

    I have been getting $10 a quart. Some hesitate a second then buy. Just a few think its overpriced.

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