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  1. #801
    Join Date
    Sep 2010
    Location
    Stafford, Virginia
    Posts
    289

    Default Re: Bulk honey prices and market outlook

    I have customers coming to us and saying they will not buy from Wal-Mart, Target, Sue-Bee out of concerns there is funny-honey. Our prices have been 10.00 retail and 7.50 wholesale to large scale groceries who buy in bulk.

  2. #802
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    758

    Default Re: Bulk honey prices and market outlook

    Talked to an USA beekeeper friend I have know for over 30 years and who happens to be an past president of the AHPA, he stated that the bulk price had risen to $2.00, BUT RECENTLY DROPPED BACK to 1.95........he runs bees in Montana and he had been up there and said things were ugly.He calls honey harvesting and extracting an rodeo and boy it sure can be that.I sometimes think while in that process of pulling honey and getting the extraction done......this has got to be my last rodeo but it seems I always come back for more......a definition of insanity , doing the same things over and over but expecting different results

  3. #803
    Join Date
    Feb 2006
    Location
    Herrick, SD USA
    Posts
    4,322

    Default Re: Bulk honey prices and market outlook

    It really isnt unusual to see the honey price drifting lower this time of year. There are always some folks who are anxious to pay down a little debt and how can you argue with $1.95 in the hand. I did hear one troubling report from a major packer who said that they were getting some price resistance from a major customer who had always specified a domestic produced product (not sure if that includes Canadian or not). According to this report they were willing to price a cheaper imported product if prices get much higher. Yeah I know a lot of negotiating games get played but it is also important to remember that ultimately it is the consumer walking down the grocery aisle that has the biggest say in honey prices.
    "People will generally accept facts as truth only if the facts agree with what they already believe."- Andy Rooney

  4. #804
    Join Date
    Jan 2005
    Location
    Clear Lake, WI / Sebring, FL
    Posts
    620

    Default Re: Bulk honey prices and market outlook

    Allot of this is supply and demand. Some of this is devaluation of the dollar because of our debt. $2.00 per Lb. honey is not unrealistic when you consider 4 or 5 dollar a gallon diesel . The fact is people are getting out of the bee business allot faster than they are getting in. People have to eat so demand is not going away anytime soon.
    Clear Lake Wi. / Sebring Fl.

  5. #805
    Join Date
    Dec 2006
    Location
    Amador County, Calif
    Posts
    3,166

    Default Re: Bulk honey prices and market outlook

    some really nice post here, nice to see some really thought out post. Some of us (me) really appreciate the read.
    NUTRA-BEE feed supplements

  6. #806
    Join Date
    Dec 2005
    Location
    Brasher Falls, NY, USA
    Posts
    26,736

    Default Re: Bulk honey prices and market outlook

    Quote Originally Posted by matt1954 View Post
    Our prices have been 10.00 retail and 7.50 wholesale to large scale groceries who buy in bulk.
    For what? Quarts? Pound jars?
    Mark Berninghausen "That which works, persists."

  7. #807
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    758

    Default Re: Bulk honey prices and market outlook

    Honey Update:

    August 2012

    http://www.skamberg.com/


    In early May 2012, the U.S honey crop projections were somewhat favorable. Moderate early spring rains were alleviating some of the moisture concerns caused by the very dry winter conditions in many of the prime honey producing regions of the U.S. Then in late May and early June, the rain just seemed to stop in many regions of the country, and intense heat started burning everything up.

    Current 2012 U.S. honey crop projections are now for only a slightly better crop than last year's dismal 148 million lb. crop.

  8. #808
    Join Date
    Feb 2006
    Location
    Herrick, SD USA
    Posts
    4,322

    Default Re: Bulk honey prices and market outlook

    Quote Originally Posted by irwin harlton View Post
    Honey Update:

    August 2012

    http://www.skamberg.com/


    In early May 2012, the U.S honey crop projections were somewhat favorable. Moderate early spring rains were alleviating some of the moisture concerns caused by the very dry winter conditions in many of the prime honey producing regions of the U.S. Then in late May and early June, the rain just seemed to stop in many regions of the country, and intense heat started burning everything up.

    Current 2012 U.S. honey crop projections are now for only a slightly better crop than last year's dismal 148 million lb. crop.
    2006 155 million pounds
    2007 148 " "
    2008 161 " "
    2009 146 " "
    2010 176 " "
    2011 148 " "
    I'm not real sure what the folks at Skamberg are expecting from the US crop anymore, the days of 200 million pound crops have been over for quite some time. The US honey crop has averaged only 156 million pounds over the past 6 years. Perhaps last years 176 million pounds was the aberration, if you take that out you arent much over a 150 million pound average, about what they are hinting 2012 might be.
    "People will generally accept facts as truth only if the facts agree with what they already believe."- Andy Rooney

  9. #809
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    758

    Default Re: Bulk honey prices and market outlook

    150 million lb crop in the US would still leave an importation of 275 M lbs to match consumption........

  10. #810
    Join Date
    Feb 2006
    Location
    Herrick, SD USA
    Posts
    4,322

    Default Re: Bulk honey prices and market outlook

    Good point. Five or ten million pounds one way or the other really dosent change the big picture too much. People love to complain about honey imports (and I do to the extent that I expect them to be pure and clean) but isn't it a good thing that the US now has an appetite for over 400 million pounds a year? Just raise a good quality product folks and don't stress about whether the shortage is being filled in by foreign production.
    "People will generally accept facts as truth only if the facts agree with what they already believe."- Andy Rooney

  11. #811
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    758

    Default Re: Bulk honey prices and market outlook

    and I do to the extent that I expect them to be pure and clean)

    I think history tells us this not the case, a lot of inferior product imported, blended and sold

    that the US now has an appetite for over 400 million pounds a year? the appetite maybe based on large percentage OF INFERIOR PRODUCT
    The US producer is finally getting a good price for his premium product, we in canada however are not enjoying the same good prices

  12. #812
    Join Date
    Aug 2011
    Location
    Polk county, Florida
    Posts
    13

    Default Re: Bulk honey prices and market outlook

    I think we will see a steady increase in the price. I had a long conversation with the owner of what is stated on their web site as the worlds largest honey processor, which i'll not name you can google , after I was told they were not buying dark honey here in sunny FLA.
    Seems all the imports they have been buying are dark, 75 to almost 85 mm and white honey is not to be found . He said he would'nt be suprised to see by years end prices of 2.20 a pound for good light USA honey and there is a huge demand for it . Of course you have to have strong , live hives and a necter source to get that , but it certainly looks stable for the future at least in the next year or two.
    I can only hope that the beekeepers of other countries remember where the prices are and don't drive them down if they do get large crops in the future.

  13. #813
    Join Date
    Aug 2005
    Location
    Manitoba, Canada, North of the 50th Parallel
    Posts
    217

    Default Re: Bulk honey prices and market outlook

    Anything new on prices? We haven't gotten a post in this area in over a month. Anybody selling? What is to be gotten for light honey?


    Jh
    Happiness comes from within

  14. #814
    Join Date
    Dec 2005
    Location
    Brasher Falls, NY, USA
    Posts
    26,736

    Default Re: Bulk honey prices and market outlook

    Got $2.00/lb in 5 gallon buckets for light honey from extracting earlier in the year and the same for darker honey just recently extracted.
    Mark Berninghausen "That which works, persists."

  15. #815
    Join Date
    Jan 2003
    Location
    Manitoba Canada
    Posts
    5,847

    Default Re: Bulk honey prices and market outlook

    Doesn't that sound familiar! ha ha ha

    Quote Originally Posted by irwin harlton View Post
    Talked to an USA beekeeper ........he runs bees in Montana and he had been up there and said things were ugly.He calls honey harvesting and extracting an rodeo and boy it sure can be that.I sometimes think while in that process of pulling honey and getting the extraction done......this has got to be my last rodeo but it seems I always come back for more......a definition of insanity , doing the same things over and over but expecting different results
    Ian Steppler >> Canadian Beekeeper's Blog
    www.stepplerfarms.com

  16. #816
    Join Date
    Mar 2008
    Location
    Montreal,Quebec,Canada
    Posts
    36

    Default Re: Bulk honey prices and market outlook

    Honey Update:

    November 2012

    http://www.skamberg.com/
    A worldwide shortage of bees, increased consumer demand, and diminishing forage area for bees to gather nectar have all contributed to a worldwide honey shortage. Price offerings in the world market range from 4% to 12% higher than last year at this time. With the U.S. Customs and the Justice Dept. cracking down on "honey laundering", shipments of fraudulent honey entering the U.S. has slowed. This stopped a lot of the very low priced honey that was entering the U.S. market and has narrowed the gap on the two tiered honey pricing that we have seen for several years. Much depends on each subsequent countries honey crop as it enters the world market, with good crops helping to stabilize prices and poor crops driving prices higher.

    Canada - The demand for Canadian honey is at an all time high and their prices reflect U.S. raw honey prices.

  17. #817
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    758

    Default Re: Bulk honey prices and market outlook

    "Much depends on each subsequent countries honey crop as it enters the world market,"

    Buyers are , and have been playing the lower priced Argentina card for quite some time,reportedly future contracts have been bought on this 2013 years production.How much of this crop will be white is the big question?The industrial, bakery trade market is reported as being very competitive, so much so that some players are thinking of withdrawing from it cause there's little profit to be made.Argentina imports are up in Canada from last year.

  18. #818
    Join Date
    Jan 2003
    Location
    Manitoba Canada
    Posts
    5,847

    Default Re: Bulk honey prices and market outlook

    Very dry reports coming from Argentina cropping reports, or the ones I have read anyway. One of the many reason why there is so much soybean production down there. The huge crop potential seems to have been squashed once again. If the cropping reports tells you anything. . . .

    BeeMaid suggests the honey market to be climbing from $1.75 /lbs. The suggested the big price discrepancy between US and Canadian honey to be narrowing to normal levels. Positive news in our honey market.
    Ian Steppler >> Canadian Beekeeper's Blog
    www.stepplerfarms.com

  19. #819
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    758

    Default Re: Bulk honey prices and market outlook

    http://www.openthemagazine.com/artic...ney-laundering

    Wouldn't be surprised to see a lot of white honey coming out of Argentina.....the prevailing duty on Argentina honey has been dropped

  20. #820
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    758

    Default Re: Bulk honey prices and market outlook

    from NHB
    International Bulk Prices

    Total Average Bulk Prices of Honey Imported from Four Countries. Source: U.S. Department of Commerce, as reported monthly in the USDA National Honey Report using c.i.f. import value and therefore excluding U.S. import duties
    2010 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    Canada $1.63 $1.55 $1.58 $1.59 $1.54 $1.56 $1.65 $1.47 $1.56 $1.56 $1.65 $1.63
    Mexico $1.30 $1.19 $1.28 $1.46 $1.47 $1.40 $1.45 $1.26 $1.38 $1.25 $1.28 $1.19
    Argentina $1.36 $1.42 $1.41 $1.45 $1.46 $1.48 $1.48 $1.47 $1.45 $1.45 $1.45 $1.45
    China $0.00 $0.00 $1.21 $1.20 $1.22 $1.27 $1.38 $0.00 $1.38 $1.51 $1.50 $0.28
    Average $1.43 $1.38 $1.37 $1.43 $1.42 $1.43 $1.49 $1.40 $1.44 $1.44 $1.47 $1.14


    2011 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    Canada $1.71 $1.73 $1.75 $1.72 $1.69 $1.64 $1.89 $1.60 $1.67 $1.69 $1.69 $1.58
    Mexico $1.29 $1.19 $1.51 $1.66 $1.66 $1.60 $1.46 $1.40 $1.17 $1.17 $1.31 $1.41
    Argentina $1.45 $1.47 $1.50 $1.49 $1.51 $1.51 $1.52 $1.48 $1.45 $1.42 $1.45 $1.44
    China $1.50 $1.52 $1.53 $1.55 $1.53 $1.53 $1.57 $1.58 $1.50 $0.00 $0.00 $2.08
    Average $1.49 $1.48 $1.57 $1.61 $1.60 $1.57 $1.61 $1.52 $1.45 $1.43 $1.48 $1.63


    2012 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    Canada $1.67 $1.66 $1.63 $1.67 $1.68 $1.76 $1.77 $1.70 $1.75
    Mexico $1.29 $1.25 $1.28 $1.32 $1.48 $1.45 $1.40 $1.37 $1.32
    Argentina $1.37 $1.37 $1.33 $1.34 $1.36 $1.36 $1.37 $1.39 $1.37
    China $0.00 $0.00 $0.00 $1.45 $0.00 $0.00 $0.00 $0.00 $0.00
    Average $1.45 $1.43 $1.41 $1.44 $1.51 $1.52 $1.51 $1.48 $1.48

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