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  1. #941
    Join Date
    Jun 2003
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    Lakeland FL
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    848

    Default Re: Bulk honey prices and market outlook

    what does the crop look like in the mid west? From what i have been hearing it started out great then didn't finish all that good.
    Nick

  2. #942
    Join Date
    Feb 2006
    Location
    Herrick, SD USA
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    4,044

    Default Re: Bulk honey prices and market outlook

    Quote Originally Posted by swarm_trapper View Post
    what does the crop look like in the mid west? From what i have been hearing it started out great then didn't finish all that good.
    Nick
    That's pretty much my assessment as well. I have heard mixed reports around the Dakotas but the extended period of cool rainy weather took a toll no doubt
    "People will generally accept facts as truth only if the facts agree with what they already believe."- Andy Rooney

  3. #943
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    745

    Default Re: Bulk honey prices and market outlook

    HONEY PRICE UPDATES ON the Honey Hot line 763 658 4193....intersting , one load sold for 2.50, also some crop reports, not sounding good


    http://bigstory.ap.org/article/cool-...ney-production
    Last edited by irwin harlton; 08-29-2013 at 06:08 PM. Reason: more info added

  4. #944
    Join Date
    Jul 2013
    Location
    Atascadero, California, USA
    Posts
    8

    Default Re: Bulk honey prices and market outlook

    Trevor, as a newbie wannabee honey broker - could you give me an example of what is considered "bulk" quantities? In anticipation of a positive response I thank you in advance....
    P.S. Are the prices FOB "packing house" ???

  5. #945
    Join Date
    Feb 2006
    Location
    Herrick, SD USA
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    4,044

    Default Re: Bulk honey prices and market outlook

    Honey is almost always bid in semi load lots (usually around 42,000 lbs, net) and are normally fob producer.
    "People will generally accept facts as truth only if the facts agree with what they already believe."- Andy Rooney

  6. #946
    Join Date
    Jan 2005
    Location
    Clear Lake, WI / Sebring, FL
    Posts
    616

    Default Re: Bulk honey prices and market outlook

    Quote Originally Posted by RichardTHB View Post
    Trevor, as a newbie wannabee honey broker - could you give me an example of what is considered "bulk" quantities? In anticipation of a positive response I thank you in advance....
    P.S. Are the prices FOB "packing house" ???
    Im not sure what you mean by "Honey Broker" can you explain what that is?
    What Jim said.
    Clear Lake Wi. / Sebring Fl.

  7. #947
    Join Date
    Jul 2013
    Location
    Atascadero, California, USA
    Posts
    8

    Default Re: Bulk honey prices and market outlook

    Trevor,

    Basically, IMO a "Honey Broker" is someone who buys and sells HONEY. This activity may be by "direct acquisition" and held in storage or purchasing for a client per contract for direct delivery to end user. I hope this answers your question.

    What Jim said - sounds reasonable on the UP end, but relatively sure there are many smaller sellers wanting to go through a "brokerage house" as well ......... Thanks for your input Jim

  8. #948
    Join Date
    Jan 2005
    Location
    Clear Lake, WI / Sebring, FL
    Posts
    616

    Default Re: Bulk honey prices and market outlook

    Quote Originally Posted by RichardTHB View Post
    Trevor,

    Basically, IMO a "Honey Broker" is someone who buys and sells HONEY. This activity may be by "direct acquisition" and held in storage or purchasing for a client per contract for direct delivery to end user. I hope this answers your question.
    I guess I don't understand why a large or small packer would go thru a broker to buy domestic honey.The only way a producer would sell you honey for less than what a packer is paying is if you picked it up with cash in hand ,especially for a semi-load. I wish you the best of luck and if you can make a dollar doing it then go for it, Im just not seeing the need for a broker of honey.
    Clear Lake Wi. / Sebring Fl.

  9. #949
    Join Date
    Feb 2006
    Location
    Herrick, SD USA
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    4,044

    Default Re: Bulk honey prices and market outlook

    Quote Originally Posted by Trevor Mansell View Post
    I guess I don't understand why a large or small packer would go thru a broker to buy domestic honey.The only way a producer would sell you honey for less than what a packer is paying is if you picked it up with cash in hand ,especially for a semi-load. I wish you the best of luck and if you can make a dollar doing it then go for it, Im just not seeing the need for a broker of honey.
    Nor do I. Honey is expensive to transport. It must be warehoused somewhere and it must be miticulously sampled for color, moisture, taste and contaminants. After all of that there must be a margin for profit. Most end users prefer to strike up their own relationship with a producer. The export/import business is quite another situation, though. I currently have a pretty large inventory of honey that I am told would be quite marketable in Europe but that the impediments to getting it there make it a near impossibility. A broker that knew how to jump through all the hoops could be quite valuable in many such scenarios.
    "People will generally accept facts as truth only if the facts agree with what they already believe."- Andy Rooney

  10. #950
    Join Date
    Jul 2013
    Location
    Atascadero, California, USA
    Posts
    8

    Default Re: Bulk honey prices and market outlook

    Why deal through a broker? Is brokering a necessary added cost in today's market? Both good questions - and my answer could only be speculative at this point in time, since I am not yet a broker. So, your feedback is very important to me.

    Perhaps I can just create a "picture" based on what I know and ask for your thoughts/conclusions. Here it is:

    Here in the USA, demand far outweighs production
    A fairly big percentage of honey is produced by many "small time" beekeepers
    Demand for honey is growing rapidly from a more diverse end-user (eg - Mead Producers, medicinal products etc etc.)
    The swings in price fluctuations are quicker and larger in spread.
    If you are "sitting" on honey, that you cannot move then, you are speculating or require a person (broker) who has the contacts and tools to move it for you.
    The import/export market (something very familiar to me) is going to have a big impact on local pricing.
    What would be the quickest method to getting to know the players in the local (USA) market - establishing a good re-pour/contact via "brokering" would be essential.

    Best regards - Richard

  11. #951
    Join Date
    Jan 2005
    Location
    Clear Lake, WI / Sebring, FL
    Posts
    616

    Default Re: Bulk honey prices and market outlook

    If you could do something internationally that would be your best bet. I dont know any producer that would pay you to sell there honey unless you are selling at a much higher price then they can get. I also cant imagine a packer paying more than the going price to a third person, but maybe Im wrong. Im not trying to be offensive but I think you are over thinking the whole process. I usually send some samples to people I trust ,ask what they are paying for it ,If I agree they send a truck and I load it. There really isn't allot to it. Trust is a huge factor ,especially at the current price of honey. Good Luck!!
    Clear Lake Wi. / Sebring Fl.

  12. #952
    Join Date
    Dec 2005
    Location
    Brasher Falls, NY, USA
    Posts
    24,470

    Default Re: Bulk honey prices and market outlook

    A friend sold three barrels of honey at $2.45/lb. The same buyer bought a semi load of MidWest Honey at $2.76/lb.

    Anybody else hearing of such prices?
    Mark Berninghausen "Ships at a distance have every man's wish on board." Zora Neale Hurston

  13. #953
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
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    745

    Default Re: Bulk honey prices and market outlook

    Those prices are way high of what I am hearing of current market prices.No doubt we have a short USA crop again from all reports I am hearing.It is a wise US packer who supports his supplier.Bees and beekeepers have been a endangered specis for quite awhile and Cheap Chinese honey has seemed to have lost its "in," into the US market

  14. #954
    Join Date
    Oct 2010
    Location
    Larned,Kansas,USA
    Posts
    13

    Default Re: Bulk honey prices and market outlook

    Just sold 10 barrels at 2.50 lb to a small packer.

  15. #955
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    745

    Default Re: Bulk honey prices and market outlook

    Odem bought a loadin the US for 2.65, from the HoneyHot LINE....... 763 658 4193

    Seems the honey hot line is running low on funding

  16. #956
    Join Date
    Feb 2009
    Location
    Ste. Rose, MB
    Posts
    28

    Default Re: Bulk honey prices and market outlook

    The honey hot line could set up a facebook page for free, any other ideas?

  17. #957
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    745

    Default Re: Bulk honey prices and market outlook

    Up she goes............... Honey price in Argentina http://www.apinews.com/es/contenido/...cio-de-la-miel

  18. #958
    Join Date
    Jan 2005
    Location
    FRASER VALLEY, BRITISH COLUMBIA
    Posts
    1,276

    Default Re: Bulk honey prices and market outlook

    Irwin:

    I opened the link but there was no information as to the rising prices.

    Jean-Marc

  19. #959
    Join Date
    Jan 2005
    Location
    souris, manitoba, canada
    Posts
    745

    Default Re: Bulk honey prices and market outlook

    try reloading current page

  20. #960
    Join Date
    Jun 2013
    Location
    Stevens Point, WS
    Posts
    3

    Default Re: Bulk honey prices and market outlook

    Quote Originally Posted by RichardTHB View Post
    Imperial folks use 44 gallon drums - US gallon is smaller. My mistake, should have made sure it was more clearly defined. Drum is the same size, but not Barrels that is a different measurement ......
    A gallon is a gallon is a gallon. A gallon of honey is equal to a gallon of oil or water or any other liquid volumetrically. That is why a "gallon" is a standard unit of measurement. There is no bigger or smaller gallons.... I dont know who you mean by "imperial folks" either. There are two popular systems of measurements...English and Metric so if someone is using the English system all Gallons of all Liquids are the same in volume...they differ in weight/density ect. I too, have never heard of honey being sold in a 44 gallon increment.

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