Bulk honey prices and market outlook

[Joel]

Thanks for the post Irwin - this is the type of in depth information that is useful. It is kind of scary the chinese honey, frequently the winner in the adulterated poor quality stock catagory, had more value in 2011 than other closer sources.

[Ian]

Consistently strong Canadian honey market

I love the $0.00 listed for China nearly year long

[Joel]

Consistently strong Canadian honey market

I love the $0.00 listed for China nearly year long

OK Ian - I can hear you humming "God Save the Queen" as you type! I'll say that water white Canadian Clover really makes nice creamed honey seed!
I have to wonder when I see the $0.00 how much of the china honey is coming through other ports?

[Ian]

I hope not, other ports like where?

[Roland]

India, Thailand, Vietnam, Indonesia, Philippines, etc,.....

Crazy Roland

[rainesridgefarm]

A packer that post in abj as buying and selling honey has just purchased 900,000lbs of chinese honey to blend. He is low balling anyone who calls them saying there is plenty of honey out there that they do not need it. I have a customer food manufacture that I am talking to that will make my honey mustard and he stated he was buying pals from them for 1.60 a pound. He sounded very suprised when I told him it was chinese honey he was buying.

[Roland]

Might that "un"said packer be in the Verona(Wis) area?


Crazy Roland

[benstung]

i dont think Pure sweet buys 900,000 lbs of chinese honey. they are much better then that

[benstung]

that 900,000 lbs was bought buy someone in the surplus business not in the honey business. it came in through CA

[The Honey Householder]

These big packers have big contracts to fill, and with honey @$2 they can't make enough $. Shelf price on 12 oz bears in the box stores selling at $3.60 can't bee real honey. Might just drag the bee though the syrup at that price.

[Nick Noyes]

[QUOTE=The Honey Householder;888863]with honey @$2 they can't make enough $. Shelf price on 12 oz bears in the box stores selling at $3.60 can't bee real honey.
I am against adulterated honey being sold as pure honey period. It needs to be stopped and has in several states. Which is great news to america's beekeepers.
However using the above numbers there is $1.50 worth of wholesale honey being sold for $3.60 retail. That's $2.10 per bear to get it from the barrel to the shopping cart. I believe that can be done with 100% honey on a large scale.
Correct me if I am wrong here maybe I missed something?

[jim lyon]

[QUOTE=Nick Noyes;888897]

with honey @$2 they can't make enough $. Shelf price on 12 oz bears in the box stores selling at $3.60 can't bee real honey.
I am against adulterated honey being sold as pure honey period. It needs to be stopped and has in several states. Which is great news to america's beekeepers.
However using the above numbers there is $1.50 worth of wholesale honey being sold for $3.60 retail. That's $2.10 per bear to get it from the barrel to the shopping cart. I believe that can be done with 100% honey on a large scale.
Correct me if I am wrong here maybe I missed something?

It's pretty close Nick. Store markup is probably close to a dollar. That only leaves a little over a dollar for packaging, freight, commissions and packer profit.

[sqkcrk]

Shelf price has little to do w/ cost to the bottler or wholesale cost to the seller. I have no reason to think that cheap honey isn't honey. What we think we know and what we really know are two different things.

[max2]

I see honey in one super market ( in Australia) selling very cheap and labelled " from local and imported sources".
On the other hand...we had a group of visitors from the US visiting ( from near Seattle) and buying honey off me to take home and telling me " we can't get this quality at home".
Don't shoot me - I'm only repeating what they told me>

[sqkcrk]

I hear the same thing. Maybe they don't know any beekeepers.

[Ian]

I have customers from Texas who say the same thing

[Trevor Mansell]

Might that "un"said packer be in the Verona(Wis) area?


Crazy Roland

That sounds more like Groeb farms rather than Pure Sweet.

[irwin harlton]

USA- HONEY UPDATE JANUARY 2013 http://skamberg.com/honey.htm

Contrary to the report saying "demand for Canadian honey is at an all time high and their prices are approaching U.S. raw honey prices. The 2013 Canadian crop should also be in high demand and bring prices comparable to U.S. raw honey prices",last National USA Honey report stated sales for Dec. of Canadian ranged from 1.67 to 1.87, less freight and duty.Some Canadian honey is being held in hopes of higher prices,equal to what US producers are receiving, and all the more power to those Canucks who happen to know what their stuff is worth.Canadian honey is typically viewed as foreign honey and lumped into the rest of the foreign honey category but their are Canadian producers who are members of Sue Bee and they will enjoy a US producer price

[Ian]

>>Honey consumption in the U.S. alone is well over 400 million lbs. per year.

got to get that number up,

[soupcan]

12 oz bears ( store brand ) are on sale up the street this week for $2.79.
They were on sale last month for $2.39 as I think the normal shelf price is $3.19.
I think it very intresting with all the " to do " so to speak this past summer or fall with Costco doing a write up or article in there monthly magazine about there honey.
The article was intresting my wife & I thought as to how concerned Costco was and have a program called " Source Verified " and there label is stamped as such.
So a week or so ago I saw that Costco had moved the honey into a different place in the store.
I looked at both the 3-pack of 24 oz. bears & the 5# jug. The label clearly states product of the USA & Argentina & yes the label is still marked with there " Source Verified " stamp.