Profitable Beekeeping?

Discussion in 'Beekeeping' started by justgojumpit, Nov 18, 2004.

  1. justgojumpit

    justgojumpit Well-Known Member

    Messages:
    428
    Joined:
    May 5, 2003
    Location:
    North Salem, NY
    Hello all,

    I'm interested in starting a small sideline operation of about 50 hives for local orchard pollination and honey production. I currently have three hives and will hopefully increase to fifteen by the end of next year after purchasing new colonies and splitting them into new hives. I already have a market for my honey at a local store, where I sell for $6.18 per pound. I understand that it would be wise to lower my price to perhaps $5.00 per pound in order to sell more honey through this location. There are also other stores in the area that i would consider for selling my honey. I was wondering if anyone here keeps bees on a profitable basis and could offer me any advise or other information.

    My thanks in advance,

    justgojumpit
     
  2. MullersLaneFarm

    MullersLaneFarm Well-Known Member

    Messages:
    10,220
    Joined:
    Jul 23, 2004
    Location:
    NW-IL Fiber Enabler
    At the end of my 2nd year with keeping 2-3 hives, I have broken even. Next year, barring unforseen circumstances, I will be makin pur profit from my hives.

    I don't think that is what you're truly asking though, is it. I will safely say that it will take 2 to 3 years to recoop any expense of new equipment and livestock.
     

  3. Mutti

    Mutti Well-Known Member Supporter

    Messages:
    4,440
    Joined:
    Sep 7, 2002
    Location:
    Missouri
    Having just spent over $600 on foundation and frames for 10 more colonies I'm pretty sure we're not gonna be making any money next summer! Prices have gone up on package bees ($53 for 3 lb. pkg. with queen plus shipping) and Cheryl at W.T.Kelley told me that supplies will be shorter this year as Canada has opened its borders and their beekeepers will be able to import bees again. So early ordering will be imparative. DEE
     
  4. electronrider

    electronrider Well-Known Member

    Messages:
    290
    Joined:
    Nov 10, 2004
    Location:
    West Central Indiana
    There is a beekeeping outfit here in indiana that is going to be selling starter NUCs for about 60 bucks a piece. seems like a better deal that just 3lb of bees..
    cant remember the name at the moment, pm me if ya need it. I think they are down in southern indiana.