As I wrote earlier, the USDA’s 2007 honey report had some encouraging news about Colony Collapse Disorder (CCD). It also indicated that honey prices were virtually unchanged in 2007. They use something called the “all honey price,” which is a weighted index of different kinds of honey, in different regions, sold through retail and wholesale outlets in the United States. It fell from $1.036/lb, at the end of 2006, to $1.032/lb by the end of 2007. Here’s a table of honey prices that I keep an eye on, and how they changed from the last time I reported on them (August 2007):
Source and Type | Price August 2007 ($/lb) | Recent Price | % Change |
Costco Clover | 1.47 | 1.47 | 0 |
Sam’s Club Clover | 1.53 | 1.53 | 0 |
Miller’s Honey Clover | 1.45 | 1.55 | +6.9 |
Miller’s Honey Wildflower | 1.08 | 1.15 | +6.5 |
Dutch Gold Clover | N/A | 1.30 | – |
Dutch Gold Wildflower | N/A | 1.26 | – |
Though it’s up a bit from last time, that Miller’s Honey wildflower still looks like a bargain. Costco is a warehouse store in the US that sells honey at near-wholesale prices in near-retail sizes (6 lb or 2.7 kg at my local store). Right now, they sell clover honey at a lower unit price, and in much smaller sizes, than Miller’s Honey. If you live close to one of their stores, you can take advantage of this deal and avoid shipping charges. Dutch Gold is a packer on the east coast that commenter Dick Adams recommended, and I’ll be including their prices going forward.
Better reporting of honey prices
I’d like to make some improvements to my Honey Prices feature. Up to now, I’ve been publishing a report when I buy honey or after some news comes out about honey prices. I’ll make a point of including year-end prices, to make my data more comparable with the USDA’s. I’m also interested in tracking honey prices in other countries. Maybe you can help. Do you know any reliable suppliers of inexpensive bulk honey that post prices on the web in English? How about government reports, again in English, on honey production and prices? I’d love to hear about them so I can track honey prices globally. Please let me know by leaving a comment.
Update 10/6/08 – What a difference seven months make!
My latest price reportindicates surging honey prices of between 6.5% and 38.9%.