Monthly Archive for April, 2010

Hawaii and Related Agriculture Daily Charts for the week ending 04-30-2010

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The annual charts have bee updated. CLICK HERE to view.

The 360 day comparative price, line and histogram charts, page has been updated also. CLICK HERE to view.

Maui Land and Pineapple (MLP) 04-30-2010
Maui Land and Pineapple (MLP)

Whole Food Markets (WFMI) 04-30-2010
Whole Food Markets (WFMI)

Calavo Growers (CVGW) 04-30-2010
Calavo Growers (CVGW)

Alexander and Baldwin (ALEX) 04-30-2010
alexweek043010

Monsanto (MON) 04-30-2010
Monsanto (MON)

Syngenta (SYT) 04-30-2010
Syngenta (SYT)

DUPONT E I DE NEM (DD) 04-30-2010
Syngenta (SYT)
Continue reading ‘Hawaii and Related Agriculture Daily Charts for the week ending 04-30-2010′

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S.C. farmers hungry for sweet-onion market – The State

South Carolina, which grows more peaches than the Peach State next door, might be putting a dent in another famous Georgia product soon – sweet onions.

Dozens of farmers joined leaders of the S.C. Department of Agriculture on Friday to start a publicity campaign for what they hope can expand from a new niche crop into another sweet source of profit from the fields.

Sweet onions aren’t a big deal here yet. South Carolina farmers have planted a little more than 60 acres this year, compared to about 14,000 acres of sweet onions in the Vidalia region of Georgia.

Palmetto Sweet Green Onions: "Eat one of these, and you’ll never want another Vidalia onion as long as you live," says Rep. Harry Ott, D-Calhoun, the only full-time farmer in the S.C. Legislature.

"We’re not trying to compete with Vidalia," said Martin Eubanks, director of marketing for the S.C. Department of Agriculture. On a broad scale, "we’re not going to be able to compete with 14,000 acres."

But others at the news conference apparently didn’t get that memo.

"Eat one of these, and you’ll never want another Vidalia onion as long as you live," said Sen. Harry Ott, D-Calhoun, the only full-time farmer in the S.C. Legislature.

Chris Rawl planted 6 acres of sweet onions this season on his family’s Lexington County farm, which hosted Friday’s gathering. They were the first in this soil since 2002, when Rawl ended a 10-year experiment with sweet onions that he believes was killed by marketing – or lack thereof.

"I’d get them to the market and people would ask, ‘Are they Vidalias?’ I’d say no, and they’d just walk," Rawl said.

But he insists South Carolina-grown onions taste just as sweet as Vidalias. "It’s not the soil, it’s not the climate," Rawl said. "Vidalia onions are just a fad, a marketing niche the Vidalia growers created."

Vidalia onions, by Georgia law, are grown only in 20 counties in that state. Growers there claim sulfur in the soil contributes to the onions’ unique flavor. Sales of Vidalia onions are estimated at $50 million annually.

Other famous sweet onion varieties are grown in Texas, New Mexico, Nevada and Hawaii.

Continue reading ‘S.C. farmers hungry for sweet-onion market – The State’

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Hawaii and Related Agriculture Daily Charts for the week ending 04-23-2010

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The annual charts have bee updated. CLICK HERE to view.

The 360 day comparative price, line and histogram charts, page has been updated also. CLICK HERE to view.

Maui Land and Pineapple (MLP) 04-23-2010
Maui Land and Pineapple (MLP)

Whole Food Markets (WFMI) 04-23-2010
Whole Food Markets (WFMI)

Calavo Growers (CVGW) 04-23-2010
Calavo Growers (CVGW)

Alexander and Baldwin (ALEX) 04-23-2010
alexweek042310

Monsanto (MON) 04-23-2010
Monsanto (MON)

Syngenta (SYT) 04-23-2010
Syngenta (SYT)

DUPONT E I DE NEM (DD) 04-23-2010
Syngenta (SYT)
Continue reading ‘Hawaii and Related Agriculture Daily Charts for the week ending 04-23-2010′

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Talkin’ Hawai‘i agriculture blues » Honolulu Weekly


Food security in Hawaii / Neil Abercrombie’s gubernatorial campaign hosted an animated discussion at its Ward Warehouse headquarters on Monday night, one that put some of the most contentious questions in Hawaii agriculture on the table.

The event was billed as non-partisan exploration of “food security in Hawaii,” and Abercrombie stayed mostly true to his opening pledge to leave the campaigning aside and keep the focus on the question of achieving food security for the Islands.

Yet despite moderator Andrew Aoki’s early assurance that “we all share the same goal” when it comes to food security, it was evident that panelists did not.

Continue reading ‘Talkin’ Hawai‘i agriculture blues » Honolulu Weekly’

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Bananas need no hype to be considered good – Hawaii Features – Starbulletin.com

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Nearly everyone has received e-mails proclaiming that a particular food possesses magical qualities. One such e-mail espouses bananas to be a superfood. The e-mail claims that a professor of physiological psychology provided the amazing information about bananas. There are a number of urban legend websites posting this message that don’t point out what is fact and fiction. Here are some of the claims and the facts about them.

Continue reading ‘Bananas need no hype to be considered good – Hawaii Features – Starbulletin.com’

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Scientists Try Algae ‘Alchemy’ to Grow Oil in Paddies – BusinessWeek

Bloomberg

By Shigeru Sato and Yuji Okada

April 20 (Bloomberg) — As Japan’s rice fields turn fallow and its farming communities decline, a new army of workers is preparing to make the countryside fertile again. This time the crop is motor fuel and the laborers are microscopic algae.

At least 75 developers globally are studying algae, which has the potential to generate more energy per hectare than any other crop used for making fuel, according to Bloomberg New Energy Finance. The technology has attracted the U.S. Department of Energy and big oil including Exxon Mobil Corp., which plans to spend as much as $600 million on research over five years.

Japan abandoned a $132 million algae project in the 1990s, when oil prices dropped below $10 a barrel and climate change took a back seat to reviving the economy in what became known as “the Lost Decade.” Now companies including Toyota Motor Corp. and refiner Idemitsu Kosan Co. may join a study into the microorganisms that can turn waste water into oil, scrub carbon dioxide out of the air and reduce dependence on fossil fuels.

Continue reading ‘Scientists Try Algae ‘Alchemy’ to Grow Oil in Paddies – BusinessWeek’

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SEC Filings for MLP – MAUI LAND & PINEAPPLE CO INC

Form 8-K for MAUI LAND & PINEAPPLE CO INC


19-Apr-2010

Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

(e) On April 12, 2010, the Compensation Committee of the Board of Directors of Maui Land & Pineapple Company, Inc. (the "Company") approved an annual salary increase to $225,000 for Ryan L. Churchill. The compensation adjustment was made in recognition of Mr. Churchill’s February 8, 2010 appointment as the Company’s President and Chief Operating Officer.

Summary of MAUI LAND & PINEAPPLE CO INC – Yahoo! Finance

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Sore spot for citrus | FLORIDA TODAY


BY JIM WAYMER
FLORIDA TODAY

Call it canker on steroids.

Citing ineffective quarantines and other stopgap measures, a new warning from agriculture officials tells homeowners to get rid of backyard citrus trees and stop planting them.

The goal: Stop "citrus greening," which experts say could devastate the state’s $9.3 billion citrus industry.

"It’s the enemy at the doorstep," said Bud Crisafulli of Crisafulli Enterprises, which operates groves on Merritt Island. "If you’re a citrus grower, you’ve got to be concerned about this."

The Asian citrus psyllid spreads the bacteria that causes greening to citrus stems and leaves. While growers stay on the lookout and immediately destroy infected trees, backyard trees often are left to deteriorate and continue the spread of the incurable disease.

Officials acknowledge that convincing people to abandon their orange, grapefruit, lemon and lime trees may be going out on a limb in the Sunshine State, given citrus’ deep roots in Florida culture.

"People are attached to their trees. People love their trees. But citrus greening is a disease that many people have yet faced," said Nolan Lemon, a spokesman with the U.S. Department of Agriculture. "Trees that would normally thrive 50 to 100 years, you’re looking at them dying within five to 12 years of infection."

Continue reading ‘Sore spot for citrus | FLORIDA TODAY’

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ML&P plan to raise money, pay down debt – The Maui News

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Company seeking approval to nearly double common stocks

By GREG WILES, The Honolulu Advertiser

Maui Land & Pineapple Co. is seeking shareholder approval to almost double the amount of its authorized common stock as it contemplates financing alternatives to pay down debt and raise money.

The company is proposing increasing the authorized shares to 43 million from the current 23 million, according to proxy material filed with the U.S. Securities and Exchange Commission.

The proposed increase comes after the company reported losses totaling $202.7 million during the past two years and the exit from the pineapple business on which it was built.

Maui Land had previously noted that it might have to sell shares as it looked to generate additional cash, use stock in compensation plans and make acquisitions.

"Our cash outlook for the next 12 months and ability to continue to meet our financial covenants under our credit facilities is highly dependent on generating additional capital, including the sale of equity," said the filing.

The filing said the company has no definite plans for the shares should they be authorized, but that it may need to sell shares in excess of its current authorized number.

This would be needed to facilitate meeting obligations as well as its ability to redeem $40 million of convertible notes that become redeemable in July 2011.

Maui Land’s annual shareholders meeting is scheduled for 8:30 a.m. May 13 at the Kapalua Village Center in West Maui.

Continue reading ‘ML&P plan to raise money, pay down debt – The Maui News’

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Hawaii and Related Agriculture Daily Charts for the week ending 04-16-2010

hawaii-agriculture-logo

The annual charts have bee updated. CLICK HERE to view.

The 360 day comparative price, line and histogram charts, page has been updated also. CLICK HERE to view.

Maui Land and Pineapple (MLP) 04-16-2010
Maui Land and Pineapple (MLP)

Whole Food Markets (WFMI) 04-16-2010
Whole Food Markets (WFMI)

Calavo Growers (CVGW) 04-16-2010
Calavo Growers (CVGW)

Alexander and Baldwin (ALEX) 04-16-2010
alexweek041610

Monsanto (MON) 04-16-2010
Monsanto (MON)

Syngenta (SYT) 04-16-2010
Syngenta (SYT)

DUPONT E I DE NEM (DD) 04-16-2010
Syngenta (SYT)
Continue reading ‘Hawaii and Related Agriculture Daily Charts for the week ending 04-16-2010′

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MLP: MAUI LD & PINEAPPLE INC SEC Filings | SCHEDULE 14A Proxy Statement

MAUI LAND & PINEAPPLE COMPANY, INC.

April 19, 2010

To Our Shareholders:

We are pleased to invite you to our 2010 Annual Meeting of Shareholders, which will be held on Thursday, May 13, 2010 at 8:30 a.m. at the Kapalua Village Center Conference Room in Lahaina, Maui, Hawaii.

At the meeting, we will (1) vote upon an amendment to the Restated Articles of Association to change the minimum and maximum number of members of our Board of Directors to not less than five (5), nor more than nine (9), and to declassify the Board of Directors; (2) if Proposal No. 1 is approved, elect seven (7) members to our Board of Directors for a one-year term; (3) only if Proposal No. 1 is not approved, elect three Class Two directors for a three-year term; (4) vote upon an amendment to the Restated Articles of Association to authorize an additional 20,000,000 shares of the Company’s Common Stock; (5) ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm to serve for the 2010 fiscal year, and (6) transact such other business as may properly come before the meeting or any continuation, postponement or adjournment of the meeting. We know of no other matters to be brought up at the meeting.

This meeting is an opportunity to communicate with our shareholders and it is important that your shares be represented and voted whether or not you expect to attend the meeting in person. You may vote your shares by proxy using the Internet, by telephone, or by returning the enclosed proxy card or voting instruction form forwarded by your bank, broker or other holder of record. Please review the instructions on the enclosed proxy card or voting instruction form regarding each of these voting options. If you attend the meeting, you may withdraw your proxy and vote in person, if you wish.

We look forward to seeing you at the meeting should you be able to attend.

Sincerely,

WARREN H. HARUKI
Chairman


MAUI LAND & PINEAPPLE COMPANY, INC.
870 Haliimaile Road
Makawao, Maui, Hawaii 96768-9768
(808) 877-3351 begin_of_the_skype_highlighting              (808) 877-3351                 (808) 877-3351       (808) 877-3351 (808) 877-3351



NOTICE OF ANNUAL MEETING OF SHAREHOLDERS



TO THE SHAREHOLDERS OF
    MAUI LAND & PINEAPPLE COMPANY, INC.:

Notice is hereby given that the Annual Meeting of Shareholders of Maui Land & Pineapple Company, Inc. will be held on Thursday, May 13, 2010 at 8:30 a.m., local time, at the Kapalua Village Center Conference Room in Lahaina, Maui, Hawaii for the following purposes: Continue reading ‘MLP: MAUI LD & PINEAPPLE INC SEC Filings | SCHEDULE 14A Proxy Statement’

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Stumped by tree care? A Washington Consumers’ Checkbook report

CLICK HERE for Professional Tree Services on Maui

By Robert Krughoff

Washington Consumers’ Checkbook
Thursday, April 15, 2010

Most of us don’t actually hug trees. But many of us love them, and for good reason. Trees provide shade that helps cool your home. They may flower in the spring and turn lovely colors in the fall. They lend privacy and add character and resale value to your property. They improve air quality.

But sometimes trees need work. The most common services are pruning, preventative spraying and fertilizing. In some cases, trees may need to be removed.

For that work, most homeowners will hire a professional. It is wise to do that carefully.

Continue reading ‘Stumped by tree care? A Washington Consumers’ Checkbook report’

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Report Finds GE Crops Benefit Farmers, But Management Needed to Maintain Effectiveness

Date: April 13, 2010

Contacts: Jennifer Walsh, Media Relations Officer

Molly Galvin, Senior Media Relations Officer

Alison Burnette, Media Relations Assistant

Office of News and Public Information

202-334-2138

Genetically Engineered Crops Benefit Many Farmers,
But The Technology Needs Proper Management to Remain Effective

WASHINGTON — Many U.S. farmers who grow genetically engineered (GE) crops are realizing substantial economic and environmental benefits — such as lower production costs, fewer pest problems, reduced use of pesticides, and better yields — compared with conventional crops, says a new report from the National Research Council. However, GE crops resistant to the herbicide glyphosate — a main component in Roundup and other commercial weed killers — could develop more weed problems as weeds evolve their own resistance to glyphosate. GE crops could lose their effectiveness unless farmers also use other proven weed and insect management practices.

The report provides the first comprehensive assessment of how GE crops are affecting all U.S. farmers, including those who grow conventional or organic crops. The new report follows several previous Research Council reports that examined the potential human health and environmental effects of GE crops.

Continue reading ‘Report Finds GE Crops Benefit Farmers, But Management Needed to Maintain Effectiveness’

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Hawaii and Related Agriculture Daily Charts for the week ending 04-09-2010

hawaii-agriculture-logo

The annual charts have bee updated. CLICK HERE to view.

The 360 day comparative price, line and histogram charts, page has been updated also. CLICK HERE to view.

Maui Land and Pineapple (MLP) 04-09-2010
Maui Land and Pineapple (MLP)

Whole Food Markets (WFMI) 04-09-2010
Whole Food Markets (WFMI)

Calavo Growers (CVGW) 04-09-2010
Calavo Growers (CVGW)

Alexander and Baldwin (ALEX) 04-09-2010
alexweek040910

Monsanto (MON) 04-09-2010
Monsanto (MON)

Syngenta (SYT) 04-09-2010
Syngenta (SYT)

DUPONT E I DE NEM (DD) 04-09-2010
Syngenta (SYT)
Continue reading ‘Hawaii and Related Agriculture Daily Charts for the week ending 04-09-2010′

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Is biofuel Hawaii’s next great industry? – Pacific Business News

Potential exists to turn state’s renewable-energy needs into a cash crop

Save the last of the Surgar Cane industry in Hawaii
Sugar on Maui FOREVER!
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Hawaiian Electric Co.’s search for long-term suppliers of biofuels derived from local feedstocks stands to ignite a new form of agriculture in Hawaii.

But major challenges lie ahead for both the utility and potential producers.

Acres of fallow pineapple and sugar fields across the state potentially could be converted to high-oil-yielding plants such as jatropha, soybean and microalgae.

The utility says it is interested in buying enough biofuels to run its power plants on Oahu, Maui, Molokai, Lanai and the Big Island.

Clean-burning biofuels are attractive to HECO because they can be used in its existing generators, which currently run on liquid fossil fuels including bunker oil and diesel.

“We’ve talked and talked about biodiesel in Hawaii, and now we can guarantee that we’ll purchase their products down the road, so we’re looking for people to make proposals,” said HECO spokesman Peter Rosegg. “If we’re going to get to the state’s mandate of 40 percent renewables by 2030, which is just 20 years away, a chunk of that will have to come from biofuels. The best situation would be one where the feedstocks are grown here.”

Continue reading ‘Is biofuel Hawaii’s next great industry? – Pacific Business News’

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Mill smokestack restoration to start – The Maui News

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LAHAINA – Restoration of the Pioneer Mill smokestack in Lahaina will begin this month, the Lahaina Restoration Foundation announced.

Work will include restoring the top 14 feet of the smokestack, which was removed in 2006 during the demolition of Pioneer Mill buildings.

The top will be fabricated from steel and painted to match the new paint being applied to the entire smokestack. It will replicate the design and size of the original smokestack, including the words "Pioneer Mill Co. Ltd. 1860."

The project is expected to take four months.

Other work includes installing 17 carbon steel tension bands to reinforce the smokestack, filling in the flue with masonry and outlining the flue perimeter with brick to match a brick walkway surrounding the base of the stack.

Cost of the renovation is around $600,000. The Lahaina Restoration Foundation is fundraising for the project through the sale of commemorative bricks that can be engraved and will be used in the walkway.

The price for a brick will increase from $100 to $125 on May 1, and bricks must be purchased by May 1 to be included in the first phase of the project.

Mill smokestack restoration to start – Mauinews.com | News, Sports, Jobs, Visitor’s Information – The Maui News

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