Monthly Archive for July, 2009

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Isle seed industry flourishing

Posted on: Saturday, July 11, 2009

Value of state’s biggest farming sector hits record $146 million, study finds

By Andrew Gomes
Advertiser Staff Writer

Click for larger image

Click for larger image

Hawai’i’s fast-growing seed crop industry forecasts spending $276 million over the next 10 years, up from $164 million in the past 10 years, suggesting the state’s biggest farming sector expects continued expansion.

The forecast for capital expenditures was included in a new study commissioned by the Hawai’i Farm Bureau Federation and paid for by the Hawaii Crop Improvement Association, a trade group representing seed companies.

©COPYRIGHT 2009 The Honolulu Advertiser. All rights reserved.

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Weekly Hawaii and Related Ag Stock Report

Maui Land and Pineapple (MLP) weekly performance
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Alexander and Baldwin (ALEX) weekly performance
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Monsanto (MON) weekly performance
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Archer Daniels Midland (ADM) weekly performance
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PowerShares DB Agriculture (DBA) weekly performance
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PowerShares DB Agriculture Dble Long ETN (DGA) weekly performance
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Market Vectors Agribusiness ETF (MOO) weekly performance
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Hawaii Avocado Report.

Here is the PDF file for the Hawaii Avocado Report.

Click for complete Avocado Report

Please visit the website for more information: http://www.nass.usda.gov/hi/

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Contact Information:
Mark E. Hudson, Director
USDA NASS Hawaii Field Office
1421 South King Street
Honolulu, HI 96814-2512

Office: (808) 973-9588 / (800) 804-9514
Fax: (808) 973-2909
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Hawaii avocado production declines 14 percent

Click for pest control tips

Click for pest control tips

Hawaii avocado production is estimated at 1.0 million pounds for the 2008/09 season, down 14 percent from the previous season. A 6 percent decline in harvested acreage to 330 acres and a 9 percent drop in average yields to 3,000 pounds per acre contributed to the overall lower harvest.

Avocado growers noted that uneven rains and the overall dry weather were major factors for the lowering yields during the 2008/09 season.

Farm price reaches record high

Hawaii avocado growers received an average a record high 73.0 cents per pound for the 2008 harvest, 7 percent higher than the previous season’s average farm price of 68.0 cents per pound.

California’s harvest lowest since 1979/80 season

California, which produces almost 78 percent of the U.S. total, suffered its lowest avocado harvest in 29 seasons (see next page). California’s 2008/09 harvest was hurt by record high heat last June which damaged the fruit that was beginning to mature on trees. Average farm prices, however, rose to a sixseason high of $2,000 per ton.

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