Honey is one of the delicacies par taken of in The Valley and, therefore, forms part of The Valley's goods based economy.
Honey plays a big part in the actions of Fone Bone at the start of The Great Cow Race. Fone Bone becomes very jealous when Thorn flirts with a honey seller called Tom from the southern end of The Valley. In order to win over her affections he tries to get some honey from himself.
In doing so he discovers that, as with other insects in the Valley, the bee is of a disproportionate size compared to reality.