Argentine Beekeepers' Magazine



April 1st, 2024

Versión en Castellano

(Espacio Apícola, April 1st, 2024) The price of Argentine honey in the US continues to fall. The recent report of the USDA rectifies the missing information of the previous and reveals significant data on the price paid for Argentine honey, that of other supplier countries and that of the American beekeepers themselves also.

Clearly the "organic" honey from Brazil and Uruguay apparently certified by the same German company raises suspicions. They could not sell it in Europe due to quality problems. Some Brazilian exporters admit that they process honey with dehumidification systems which is why it is considered adulterated or because it has levels of glyphosate that are not compatible with the European market. Neither of the two causes would be a problem to sell the honey in the United States, which stopped publishing honey adulterated events in the import alerts more than two years ago (Import Alert 36-1). On the other hand, buying that "organic" seal also coming from India in the United States would be advantageous for marketing the product between poorly educated consumers and, as we have already explain in detail, this drags down the prices of conventional honey, even though many of these are of better quality than that offered as organic. (see: La Miel Orgánica Brasileña y el Mercado Estadounidense en Espacio Apícola 140 -subscribe to access-).

The fall in domestic honey prices in the United States
There has been a year-on-year drop in prices paid to US beekeepers by the local industry that ranges between 20 to 30%, which is reflected in these varieties that we have been able to compare in the first two months of 2023 and 2024.

Bloom Highest price per kg - Feb 2023 Highest price per kg - Feb 2024 Variation
Clover 6,16 USD/kg 4,95 USD/kg -20%
Alfalfa 5,74 USD/kg 4,40 USD/kg -24%
Canola (white) 5,74 USD/kg 4,40 USD/kg -24%
Brazilian pepper 5,94 USD/kg 3,98 USD/kg -30%
Spurge 5,74 USD/kg 3,98 USD/kg -30%

Average prices of Argentine honey sold to the United States during February 2023 and February 2024 according to its color
Color nane & Pfund scale Average price USD/mt Feb 2023 Average price USD/mt Feb 2024 Variation
White - 0 a 34mm 3615,93 USD/mt 2323,70 USD/mt -35%
Extra Light Amber - 35 a 50mm 3547,21 USD/mt 2290,40 USD/mt -35%
Light Amber - 50 a 85mm 2422,31 USD/mt 1881,35 USD/mt -23%
On these prices the buyer pays insurance, freight, port expenses in the United States and anti-dumping duties.

Top prices paid by US companies for organic honey
Country Price USD/kg Feb-2023 Price USD/kg Feb-2024 Variation
Brazil - organic honey 4,36 USD/kg 3,43 USD/kg -22%
India - organic honey - 1,52 USD/kg -
Uruguay -organic honey 3,30 USD/kg 2,29 USD/kg -30%
On these prices the buyer pays insurance, freight, port expenses in the United States and anti-dumping duties on Brazilian and Indian honeys only. Uruguayan honey is not punished in the US.

Data from the respective Honey Market Reports of the US Department of Agriculture.

Fernando Esteban

Information generated by "Espacio Apícola" the Argentine Beekeepers' Magazine