Bees in beehive produce honey pallets. One honey pallet has EIGHT crates of honey yars (four crates, times two). By default giants beehive honey spawner is a SINGLE ONE pallet, this is ridiculous, get a mod which extends this to several pallets. See giants modhub Bee Hive Pallet Spawner Big mod and More Honey Pallet Place Options mod.
Honey can be sold at the selling points or used in production chains buildings.