CATCH THE BUZZ
Honey Report, by Ron Phipps of CPNA International, Ltd.
geo-political tensions between: 1. Ukraine and Russia, 2. Vietnam and
China, and 3. Different sects within Iraq add a dimension of uncertainty to
currency valuations and economic stability, which were unanticipated as 2014
Vietnamese honey crop is darker than usual. Honey that was typically
70-85mm in color is ranging 80-100 mm. Given the overall international
shortage of honey, the demand on Vietnamese honey is great but supplies are
tight. For each of the past 6 weeks prices in the field for Vietnamese LA
and Amber honey have been rising and export prices for limited quantities are
rising correspondingly. The gap for prices of white, ELA, LA and Amber
honey continue to narrow. But the fundamental issue has become getting
industry meetings with a variety of US government agencies are addressing the
needs to: 1) continue to be vigilant to prevent circumvention in new forms, and
2) establish reasonable tolerance levels and meaningful testing limits for
honey as the international agricultural community needs to find more effective
and realistic ways to protect the health of humans and the health of the crops
and bees upon which human health depends.
within an increasingly globally integrated and interdependent economy to
harmonize standards, data bases, tolerance levels and testing limits and
procedures is increasingly transparent. Such an imperative is mandated by
the World Trade Organization and the Free Trade Agreements under negotiation.
The Mythology of Ultra-Purity, like other myths, is collapsing. The need
for establishing scientifically sound standards, based upon Average Daily
Intake (ADI) is becoming clearer to all segments of the international honey
industry including producers and packers, exporters and importers.
very difficult to get 40mm and 50mm Argentine honey, and even more difficult to
obtain 25mm and 34mm. As consumption is slower in July and
August, the immediate focus is to secure white honey as it becomes
available. This is compounded as meterologists report the development of
the El Nino in the Pacific which could affect the next Argentine, Uruguayan and
in the U.S. the Dakotas report the bees are in excellent condition, the soil
has good moisture and clover bloom is abundant. Nonetheless, beekeepers
remind us that “farmers are always optimistic in the Spring” and it is wise not
to sell honey before it is in the barrel.
previously, there are problems with honey production in Eastern Europe:
and Eastern Europe the blooming period of the main honey plant acacia, (Black
Locust) is completed. During the middle of the bloom of the acacia trees
a cyclone hit with winds of 120 kilometers/hour and cool temperatures
prevailed. High winds persisted for a week and the total yield of the
prized acacia crop fell to only 20-30% of the average yearly crop. This
occurred as well in Slovenia, Romania, Slovakia and Bulgaria. As a
consequence the prices of honey from eastern Europe have attained historic
highs. Prior to the bloom of the acacia trees, the average yields of rape
honey were between 22 and 35 lbs./hive, depending on the region.
inventories of honey from both European beekeepers and packers are exhausted as
the 2013 crop has been sold and used.”
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