Honey

pay more for honey

Honey lovers beware: After a surge in prices at the end of 2013, you will be shelling out a lot of money for the sweet, golden stuff.

Poor weather conditions and dwindling bee populations due to ongoing cases of Colony Collapse Disorder, have significantly reduced U.S. honey production in recent years. Meanwhile, consumer demand continues to grow, pushing prices upwards.

In December, average retail prices for honey reached $6.04 a pound, up nearly 7% from the beginning of the year, according to the National Honey Board, a trade group. In December, the American Bee Journal, a trade publication warned that many U.S. beekeepers expected to be sold out of honey by early 2014, which would likely keep prices high throughout the year.

First published January 5, 2014: 9:59 AM ET

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