Beekeeping Multiproduct Costs and Break-Even Calculations

Courtney Bir and Camryn Lucas ( July, 2023 )

Summary

This fact sheet provides information regarding the production and pricing of honey and related products. This paper specifically discusses the potential for lip balm and lotion. More generally, we aim to aid beekeepers in the creation, budgeting and marketing of bee-related products. Costs associated with production may vary by location, and breakeven prices may exceed what consumers are willing to pay. This fact sheet is to serve as an information guide and includes an interactive Excel sheet. Information regarding the startup costs associated with beekeeping can be found in fact sheet AGEC-20021 . To fill out the budget for this fact sheet, you will need to first complete the interactive Excel sheet from fact sheet AGEC-2002. Alternatively, you can use the example startup cost of $684.20 from the example calculations. If you need information about how to harvest honey, it can be found in fact sheet AGEC-272.

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Publisher

Oklahoma State

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Website