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  1. #461
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    souris, manitoba, canada
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    Default Re: Bulk honey prices and market outlook

    no, Argentina jump was only a currency effect, from a friend in Chile
    Last edited by JohnK and Sheri; 05-03-2010 at 05:01 PM. Reason: off topic

  2. #462
    Join Date
    Jan 2009
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    Hattiesburg, MS
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    47

    Default Re: Bulk honey prices and market outlook

    Has anyone heard if that warehouse fire in Houston has had any affect yet on this year's honey prices? Last I heard ELA might be $1.60 this year... could this be the year for $2 a pound for white?

    Just wondering... it's been almost a month since anyone posted on this thread.

  3. #463
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    Default Re: Bulk honey prices and market outlook

    HONEY PACKERS’ & MARKETERS’ASSOCIATION AUSTRALIA (HPMAA) REPORT
    As at 1 April 2010
    Packers now report better holding levels of honey due to improved weather conditions around the country (despite the storms, drought or fire effects). Sales vary according to who you are talking to but overall there is a sense of normality on them. Noted points are:
    • Consumption appears to have had a very slight increase as the Retail World data for year ending 2009 showed this. Taking into account the larger unknown of beekeeper direct sales once could deduce this same pattern in the market.
    • Packers report it is difficult to make margins these days as a result of increased costs and supermarket demands.
    • Packers’ brands remain under enormous pressure to house branded/generic labels with the major chain still having a high focus on them.
    • Supermarkets are now demanding their brand suppliers to start to undertake Ethical sourcing audits, carbon foot printing and a range of other criteria. All this just adds costs to the packer. In the end the last in the line suffers as they (supermarkets in general) don’t pass this added cost onto consumers so they can stay highly competitive and their margin is not eroded.
    • The high Australian dollar is seeing reduced exports. This will mean that as honey comes back to normal levels farm gate values will be under pressure to fall.
    • In the world market there is a sense that honey prices will fall adding further pressure on Australian producers as we compete against cheap competition.
    • Export information from the ABS shows that packaged product volumes remained much the same for the December period this financial year as last year. Export bulk rose very marginally. Imports showed an increase in bulk honey but the data is skewed as a proportional amount is re-exported to specialised customers who request a certain flavour profile product which is a blend with Australian. Another variable has been Canadian bulk honey being imported then re-exported back again as value added product – however with the packer existing some of this market, the data will, in time, take on a more normalised result

    from http://www.honeybee.org.au

  4. #464
    Join Date
    Aug 2003
    Location
    Lancaster, Ky. / Frostproof Fl.
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    994

    Default Re: Bulk honey prices and market outlook

    sold orange ex white for 1.60...three major packers all offering 1.60 with barrel exchange and picked up at your dock!

  5. #465
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    Default Re: Bulk honey prices and market outlook

    FROM http://skamberg.com/honey.htm

    Honey Update:

    May 2010

    The 2009 U.S. honey crop was the poorest U.S. honey crop in recorded history. The 144 million pound crop was down 12% from the 2008 crop, and down 28% from the 200 million average crop levels of 10 years ago. Over the last 5 years, the U.S. honey crop has averaged 156 million pounds.



    Some of the reasons for the poor 2009 U. S. crop are listed below:

    *

    Weather – Drought conditions in the West, and very cool, wet weather in the upper Mid-West
    *

    Reduced forage area – Much of the prime forage area for bees has been turned into farm land for
    *

    cash crops or developed for commercial or residential use.
    *

    Fewer bees – Colony Collapse Disorder and increased pesticide use in what was once bee forage
    *

    areas has reduced bee colony numbers.

    The decline in U.S crop production, along with poor honey crops produced in most of the world’s leading honey producing countries, has created critical supply shortages. Since demand for this honey has not fallen significantly, raw honey prices in the world market are rising.



    The South American honey crop was poor due mostly to poor weather conditions. South American honey is very expensive and most of that honey is being sold to Europe.



    India produced a good honey crop, but Sioux is finding much of that honey to be adulterated, which means that smaller volumes of that honey are available from Sioux. Pricing for this honey is about 15% to 20 % higher than last year.



    Although the Vietnam honey crop is better than last year, the total volume is small, and competition for this honey is high.



    Most of the Chinese honey is being sold to Europe. The U. S is still receiving Chinese honey being sold as honey syrup or circumvented through a 3rd country, which has created and sustained a second tiered market. Deception is the concern for any Chinese honey entering the U.S., with adulterated and contaminated honey being the main concerns.



    The best that most can hope for price relief is a bumper U.S. crop in 2010, but even if that happens, prices will start out very high and only drop back if buying drops off.

  6. #466
    Join Date
    Jan 2009
    Location
    Hattiesburg, MS
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    47

    Default Re: Bulk honey prices and market outlook

    What is White, ELA and LA going for now that the crop is starting to come in (at least in the South)? I don't have a feel for 2010 prices yet... does anyone else?

  7. #467
    Join Date
    Nov 2009
    Location
    Nipawin, Sask, Canada
    Posts
    2

    Default Re: Bulk honey prices and market outlook

    There is a rumor that the current offering price for white honey is $1.68 (US) or more- can anyone confirm that.

  8. #468
    Join Date
    Feb 2009
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    Pigeon Falls, WI
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    Default Re: Bulk honey prices and market outlook

    WI packer only offering $1.60 lb for ELA/WH(clover, basswood, alfalfa).
    Leer Family Honey Farm-Shannon Leer

  9. #469
    Join Date
    Dec 2005
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    Brasher Falls, NY, USA
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    28,420

    Default Re: Bulk honey prices and market outlook

    Do you have to show the packer a honey standard certificate?
    Mark Berninghausen
    The answers are the end. The questions are the journey. Journey on.



  10. #470
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    Default Re: Bulk honey prices and market outlook

    ? Wasn't mentioned ?
    Leer Family Honey Farm-Shannon Leer

  11. #471
    Join Date
    Aug 2003
    Location
    Lancaster, Ky. / Frostproof Fl.
    Posts
    994

    Default Re: Bulk honey prices and market outlook

    You do NOT have to prove you have a test meeting honey standard! IF a packer or a beekeeper finds adulterated honey then you can use the standard to go after the dishonest person(company). At no time have I ever heard of anyone having to have test before they sell honey! And I am very good friends with the person who got the first one passed in Florida and also know the attorney who helped get it established! Its the best thing that has happened to honest beekeepers/honey producers!

  12. #472
    Join Date
    Dec 2005
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    Brasher Falls, NY, USA
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    Default Re: Bulk honey prices and market outlook

    Well, apparently in WI you can't legaly sell honey w/out a license and w/out having tested honey that meets the standard. According to what I read on another Thread.
    Mark Berninghausen
    The answers are the end. The questions are the journey. Journey on.



  13. #473
    Join Date
    Nov 2008
    Location
    Grand Rapids, Ohio
    Posts
    870

    Default Re: Bulk honey prices and market outlook

    For me to keep it all fair I send my samples to three different packers. They each sent me back color grade, % of moist, and if there is any thing that shouldn't be in pure honey like (HFCS). It's funny how different some test come back.
    A packer called me to see if I had a load, and quoted me $1.68 on Wht. No barrel exchange. 30 day payout.( sorry not a bank)
    Come on that price was last years price.
    The way it looks the beekeeper will get all my honey again this year.

  14. #474
    Join Date
    Dec 2008
    Location
    Menomonee Falls, Wis.
    Posts
    2,825

    Default Re: Bulk honey prices and market outlook

    SQKCRK - I am unaware of any promogulation of the administrative codes for honey in Wisconsin. It was expected to take 12-18 months. The Bill only directed the Ag. department to promogulate the rules, Please correct me, anyone, if I am wrong. I have the e-mail of the person who was to promogulate the rules. When Summer is over, I will check on their progress.

    Roland

  15. #475
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    Dec 2005
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    Brasher Falls, NY, USA
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    Default Re: Bulk honey prices and market outlook

    Thanks Roland.
    Mark Berninghausen
    The answers are the end. The questions are the journey. Journey on.



  16. #476
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    souris, manitoba, canada
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    Default Re: Bulk honey prices and market outlook

    from the start of this Thread in 2005
    " Deflation , then inflation and currently a whole bunch of de-leveraging going on in this crazy economy, which I hear from the majority with crystal balls, that is only going to get worse as a recession or a depression .'

    Now today in July 2010 the US is essentially broke , bankrupt, whats coming next......higher honey prices?......maybe down the road when the official crop results come in,and inflation kicks in .Things are not looking good , crop wise here or from what I hear in western Canada or elsewhere.So todays packers offerings are shall I say MEAGER OR INSULTING

    From what I hear we or the powers that be have been unable to stop the flow of Chinese honey, it no doubt has been the kiss of death to this industry and is continuing on a larger scale.I hear new plans of attack on this curse, meetings with gov't ... homeland security

    Here's something to ponder
    http://www.lifeaftertheoilcrash.net/...iledState.html

    Food maybe become short in supply, expensive........honey included.
    Truth is in short supply but it is out there

    http://georgewashington2.blogspot.co...1_archive.html

    There will be pain in Canada from this financial mess,perhaps leading to hyper inflation cause we are so tied into your economy with our trade ,etc
    Last edited by irwin harlton; 08-11-2010 at 08:25 PM. Reason: INFO ADDED,added more

  17. #477
    Join Date
    Jan 2005
    Location
    FRASER VALLEY, BRITISH COLUMBIA
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    1,350

    Default Re: Bulk honey prices and market outlook

    I've extracted a good portion of the 2010 crop. It's time for me to sell it. What prices are being offered and by what packers? I'll have a load.

    Jean-Marc

  18. #478
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    Jan 2005
    Location
    souris, manitoba, canada
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    787

    Default Re: Bulk honey prices and market outlook

    "It's time for me to sell it."

    Not a good time to sell,Jean Marc, unless you can get the price you want .It seems current offerings coming from packers are low balling....1.50 and their advice is prices are going down in the future ( I f you knew prices were going to be cheaper in the future why would you be buying now)...ITS THE OLD WAITING GAME, TO see who and what moves first , prices or honey at current prices Every load the packers get at current prices MAY INFLUENCE the price later on

  19. #479
    Join Date
    Jan 2009
    Location
    Grosse Ile, Michigan, USA
    Posts
    2,901

    Default Re: Bulk honey prices and market outlook

    Not being a commercial beekeeper and not having large volumes of honey to move I don't follow what the packers pay that closely, but it must be common practice for packers to low ball the buy price every year at harvest time, sounds like something they would do. John

  20. #480
    Join Date
    Feb 2009
    Location
    Pigeon Falls, WI
    Posts
    2,529

    Default Re: Bulk honey prices and market outlook

    It is.
    Leer Family Honey Farm-Shannon Leer

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