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

*July 2009*

Raw honey prices are still very firm and may actually increase with the
onset of the U.S. crop should buying activity be heavy. Although there is
still no surplus, overall world raw honey supply is pretty good right now,
but there is not a lot of favorably priced honey, with China being the
exception.

U.S.A. - The California crop is shorter than last year's poor crop, with
darker honey. The Southern honey crop is shorter than last year's crop, and
prices have been strong. Conditions in the Upper Midwest (which produces
most of the honey in the U.S.) is looking pretty good, but still needs more
warm weather to produce a good honey crop. The crop will be later than last
year which usually equates to a smaller crop. Overall, we expect a good U.S.
crop, but probably smaller than the 2008 crop.

Canada - The weather has been very cool and wet in Canada. It looks like
their crop will be short. Canadian honey prices usually parallel U.S. prices
and may even be higher this year if the crop is very short.

South America - This year's very poor crop in Argentina is virtually sold.
Brazil, which produces almost year round, still has honey, but as Europe
competes more and more for that honey, those prices continue to increase.

India - Last year's crop is virtually sold out, waiting for the new crop.
Demand will be high, and prices will be strong, but should be lower than
U.S., Canada, or South American honey.

Viet Nam - Usually a good source for favorably priced legitimate light amber
honey, they had a very poor crop and what is available is now higher priced.


China - Last year's crop was very poor, and much of that honey was sold
through 3rd countries or sold as honey syrup to avoid duties. Europe is
buying more Chinese honey. Still highly suspect for contamination and
adulteration, Chinese honey will be less expensive than other countries
legitimate honey.

Ukraine - Getting more honey into the market. Much of this honey is being
bought by Europe and some of this honey is highly suspect as being
circumvented Chinese honey.

Mongolia - Like the Ukraine, they are getting more honey into the market,
and much of this honey is highly suspect as being circumvented from China.


-- 
Juanse Barros J.
APIZUR S.A.
Carrera 695
Gorbea - CHILE
+56-45-271693
08-3613310
http://apiaraucania.blogspot.com/
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