Friday, July 2, 2021

Honey sales to U.S. poised to strengthen

Canadian honey producers are likely to increase sales to the United States, and at higher prices, as the U.S. government cracks down on other suppliers.

The U.S. International Trade Commission has ruled that honey imports from five countries are hurting American beekeepers.

“There is reasonable indication that… imports of raw honey from Argentina, Brazil, India, Ukraine and Vietnam are allegedly sold in the United States at less than fair value,” the Trade Commission said.

The U.S. Department of Commerce will continue to investigate and is expected to impose duties this fall on honey imports from the five countries — the largest suppliers of honey to the American market.

“It is positive news for those Canadian producers who sell into the U.S,” said Rod Scarlett, Canadian Honey Council executive director.

“The short-term impact is it will probably increase prices for Canadian producers selling to the U.S.”