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Date: | Thu, 15 Mar 2007 16:16:00 -0400 |
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Talking to a independant honey buyer here today, about the Canadian honey
market.
He suggested the packer who had dropped the prices to 70 cents Canadian
didnt get any honey, so has brought the quote up by 5 cents Canadian.
Still not getting much.
He knows of a load selling for 85 cents Canadian,
Talking of the new crop honey coming of Argentina,
there is a projected 120,000 metric tonnes high end to 60,000 metric
tonnes low end. Figuring that the actual production will be around the
80,000-100,000 metric tonnes mark. Commenting again on the darkness of
the honey coming off there.
Also commenting on the reported hive losses in the US, and how this might
influence our Canadian market.
Also commenting on how very little amount of white honey there actually is
in the world right now.
Thinking that the price of white honey right now is undervalued.
The conversation was positive, thinking of better honey prices to come.
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