Editor’s note
The following abstract describes a publication that is only available as a downloadable PDF.

See the Missouri Beekeeping Enterprise Budget (XLSX) for related information.

Ryan Milhollin
Assistant Extension Professor, Agricultural Business and Policy

Using this budget, farmers can estimate the costs and returns of beekeeping. Table 1 presents estimates for Missouri based on price forecasts in March 2024. Detailed assumptions and capital investments are summarized in Tables 2 and 3. Establishment reflects someone’s first year of beekeeping with 2 hives. Honey producing operations with 10, 20 or 30 hives are modeled. Going from establishment to 10 hives can take 3-5 years with normal growth. Sales estimates reflect selling honey in one-pound bottles and selling beeswax in one-pound blocks. For more information and support, it is recommended to find a beekeeping mentor and/or beekeeping club near you. Use the “Your estimate” column to plan your beekeeping operation’s costs and returns.


  • Beekeeping
  • Crop budget
  • Farm budget


  • 2
Publication No. G692