Beekeeping is a profitable business

Routes to finance

Beekeeping has grown in popularity in recent years and is a profitable endeavor for many hobbyists and professionals. While honey is the obvious source of income for beekeepers, you might be surprised that there are many other sources of income related to beekeeping. Here are some of the many ways you can make money from bees:

honey

Honey is the most obvious crop in beekeeping and is hugely popular with consumers, making it a marketable product.

Each bee colony can produce an average of 20 to 60 pounds of honey per year (depending on a variety of factors such as geographic location, weather, temperature, pests, local flora, and more). Some hives can produce much larger quantities under ideal management conditions. According to the National Honey Board, honey prices have steadily increased from $ 3. 88 per pound retail in 2006 (wholesale $ 2.74 per pound) to $ 6. 75 per pound retail in 2015 (wholesale $ 5.09 per pound).

Beeswax

Beeswax can be converted into many different products such as candles, soap, and lip balms. You've probably heard of Burt's Bees, a very successful company that started making beeswax-based candles and lip balms. The prices of beeswax can vary greatly depending on the quality and color of the wax. Handmade beeswax-based products have been particularly popular in recent years, both in retail stores and online craft markets like Etsy.

Bee pollen

Bee pollen granules are referred to by many health food enthusiasts as a "superfood" that boosts immunity and other health benefits such as minimizing seasonal allergies, treating osteoporosis, and acting as an antioxidant. Bee pollen is becoming increasingly popular in health food stores, health food stores, and some drug stores.

Propolis

Most people have never heard of propolis, a sticky and resinous substance that bees use to seal small gaps in the hive. It is claimed to have a variety of medicinal uses, including treating wounds, acting as an antioxidant, and boosting immunity. It's also used in commercial products like cosmetics, car wax, and chewing gum.

Commercial pollination services

Did you know that there are many farm producers who have to pay to have their hives temporarily moved to their fields to provide pollination services? Beehives are typically ordered to serve for a period of three to five weeks. In 2005, the lease cost per floor for almond pollination was $ 76. In 2009 that rental fee had increased to a whopping $ 157 per floor. Most commercial operators of pollination services are in California, closely followed by Texas, Florida, North Dakota, South Dakota and Montana. A recent study by the USDA found that the pollination industry had sales of more than $ 655 million in 2012. Dollars. Almond fruits have the highest demand for commercial pollination, followed by sunflowers and canola.

Starter bees or replacement bees

New bee operations always need supplies to start their hives and established beekeepers may need replacement bees due to swarming or disease.

Many beekeepers start a profitable sideline for their own honey-making or pollination operations - by making bees (and custom-made hives or kits) available to others in the industry. Bees can indeed be shipped through the U.S. Postal Service, making for an interesting visit to the post office for a new hobbyist (and you can be sure that everyone will want to get out of their way when they hear the buzz of that shipping). Container!).

Final Word

Beekeeping can be a fun and profitable hobby or business, and it's pretty affordable to get started (most equipment and supplies for a beehive or two will cost well under $ 1,000). With proper management, a beehive can make profits relatively quickly, especially if the beekeeper is willing to consider all potential sources of income. It may be an unusual pet business idea, but beekeeping is certainly something to consider for aspiring animal professionals.