Kapalua resort bulk of company business in the fourth quarterA much-shrunken Maui Land & Pineapple Co. finished 2009 losing $123.3 million, equivalent to $15.33 a share.
The year before, it had lost $79.4 million, or $9.98 a share.
With Maui Pineapple Co. gone and the Community Development segment almost at a standstill, in the fourth quarter the company business was mostly Kapalua resort.
The resort had revenue of $6.8 million, down from $8.5 million in the last quarter of 2008, reflecting the decline in the visitor industry. Its operating loss was $4,672,000, down from $6,621,000 the year before.
For the year, Kapalua had revenue of almost $30 million and losses of $16.1 million. Thus the resort accounted for about three-fifths of the company’s total operating revenues in 2009 of $50 million, and about 13 percent of losses.
Pineapple had continued at a low level through the end of the year, and it continued to pile up losses. The loss from discontinued operations of $24.7 million accounted for four-fifths of the $30.3 million in losses in the fourth quarter.
Since then, ML&P has sold much of its Maui Pine assets to Haliimaile Pineapple Co., run by former employees, who are attempting to revive pine cultivation, although with a market to be limited almost entirely to the islands.
Of all the losses during the year, pine made up $11 of the $15.33 per share.
Continue reading ‘ML&P ends ’09 with $123.3M in losses – The Maui News’
When Maui Land & Pineapple Company stopped planting fruit last December, it looked like the end of an era—and an island way of life.
Story by Jill Engledow
Pineapple was plentiful when I passed through Kahului Airport in mid-December. A Hawaiian-style Santa beckoned from colorful boxes stacked outside shops, inviting passersby to pick up some Maui Gold for the trip home. So it was a bit of a shock when, returning to Maui just after Christmas, I hit the farmers’ market and found no pineapple on display. Only days earlier, Maui Land & Pineapple Company had ceased its harvest. Though in fact pineapple was still available in some stores, its absence from the farmers’ market was a sad reminder that a crop was disappearing. Suddenly the future of agriculture on Maui looked a lot less sweet.It’s hard to imagine Maui without pineapple: the orderly silver-green rows of spiky tops stretched across acres, the dusty laborers in sunny fields, the luscious golden fruit. How many kids paid for college by working summers in the cannery? How many generations earned a decent living growing pine, and climbed from immigrant beginnings to middle class?
Continue reading ‘Aloha, Pine – Maui Magazine – March-April 2010 – Maui, Hawaii’
Stop the presses!
That fruit overhanging into your property does belong to you, at least in Hawaii.
Continue reading ‘Tree’s owner loses right to overhanging portions – Starbulletin’
In the biology department, an assistant professor sits in front of a continuous screen of green letters reminiscent of scenes from "The Matrix."
He is analyzing the gene sequences of wasps –wasps that are being used as an alternative to chemical pest controls in agriculture.
The wasp, Nasonia vitripennis, is being used as a form of chemical-free pest control "whose larvae parasitize various life stages of other arthropods such as insects, ticks and mites," according to a paper published Jan. 15 in "Science."
"In the 1950s, they didn’t know about these wasps, so they used chemicals," Christopher Smith, an SF State associate professor on the project, said. "Now, agriculture chemicals sterilize water systems and kill arthropods. Even household pesticides are a big problem –they reduce biodiversity in the ecosystem."
Parasitoids like the wasp are used nationally and are bred to attack pests that negatively affect agricultural crops.
"It’s where the frontier of science is at right now. When I was in grad school, there were no genomes," Smith said.
Smith is one of a team of researchers contributing to a larger study on the wasps. p>
His job is to receive the insect’s genome, then sequence and analyze the DNA he gets on the computer.
Continue reading ‘Golden Gate [X]press : Researchers abuzz for wasps as pesticides’
Beautiful plants from the time of the dinosaurs now threatened by thieves.
By Erin Conway-Smith — Special to GlobalPost
Published: March 9, 2010 07:06 ET
JOHANNESBURG, South Africa — The thieves knew exactly what they were looking for when they broke into the Durban Botanic Gardens on a Saturday night. They smashed open the lock on a gate, drove past where security guards should have been patrolling and headed straight for some of the rarest varieties of cycads in the world.
They roughly but selectively dug up 20 of the most highly endangered plants of a collection of 150, a haul worth $65,000, loaded them into their vehicle and rolled out.
It was a brazen theft but not at all uncommon in South Africa, where demand from collectors at home, in the United States and Asia is behind the widespread plundering of rare cycad varieties.
Cycads are the oldest seedling plants on earth, with fossil records dating them to before the time of the dinosaurs. During the Jurassic period they were spread across the earth, but today they are found only in diminishing numbers in certain tropical and subtropical areas of the world.
Now, in a high-tech bid to fight the cycad smugglers, scientists at the University of Johannesburg have launched a DNA barcoding project that aims to create a database of cycad species. The project could eventually help police and customs officials to identify specimens being stolen and trafficked across borders, with the hope of deterring crimes like the one in Durban late last year.
Dispite the heroic efforts of Haliimaile Pineapple to resurrect the industry after Maui Land and Pineapple abandoned stewardship if their lands and their responsibility for their former employees hundreds of acres of Pineapple have been plowed under in Haiku Maui.
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) 03-05-2010

Whole Food Markets (WFMI) 03-05-2010

Calavo Growers (CVGW) 03-05-2010

Alexander and Baldwin (ALEX) 03-05-2010

Monsanto (MON) 03-05-2010

Syngenta (SYT) 03-05-2010

DUPONT E I DE NEM (DD) 03-05-2010

Continue reading ‘Hawaii and Related Agriculture Daily Charts for the week ending 03-05-2010′
Statutes on overhanging trees are unclear, but experts say the fruit belongs to the tree’s owner, not his neighbors
QUESTION: A neighbor’s fruit tree canopy extends significantly into our yard and creates an abundance of work and green waste for us to handle. Often more of the canopy is overhanging our yard (and other neighbors’) than the trunk owner’s yard. For more than 20 years, the tree owner concurred that the neighbors owned the fruit over their yards. But the owner recently sold, and the new owner seems to feel differently. Any "right of way" or "common law" created by long-term previous activity? Who is entitled to the fruit that grows over onto our yard? Considering we have to do the cleanup, it would seem that we should be entitled to some, if not all, of the fruit.
ANSWER: While the prevailing law in Hawaii, and elsewhere, is that if a neighbor’s tree overhangs into your yard, you have the right to trim the tree up to the property line, there is nothing specifically addressing ownership of any overhanging fruit.
At least nothing that we could uncover.
However, according to a national authority on neighbor law, the fruit belongs to the owner of the tree, no matter how much the tree overhangs onto your property.
But in Hawaii, where neighbors tend to share any bounty of fruit, the question really hasn’t been an issue. It actually hasn’t been a matter of law in other states, as well.
While many disputes involving a neighbor’s tree have been mediated, "we’ve never had one where one has accused the other of stealing their fruit," said Tracy Wiltgen, executive director of the Mediation Center of the Pacific. The organization formerly was called the Neighborhood Justice Center.
She said she did not know of any law that dealt with that subject.
Continue reading ‘Fruits of labor – Hawaii News – Starbulletin.com’
By Hugo Martín and P.J. HuffstutterMarch 5, 2010 | 9:00 p.m.
Because of frigid temperatures in Florida, you might have to enjoy a BLT without the T.
Freezing winter weather in the Sunshine State has wiped out nearly 70% of its tomato crop, sending prices soaring in many parts of the country and forcing fast-food restaurants to ration supplies of the plump, popular fruit.
In California, with a $363-million fresh tomato crop last year, the Florida freeze is being felt to a degree. At a Wendy’s eatery in Santa Clarita, for instance, the staff had taped up a sign near the drive-through menu that broke the bad news: The Florida chill was making tomatoes scarce, at least for the time being.
Inside the restaurant, a customer frowned after biting into a cheeseburger. The only red on the sandwich was from the ketchup.
A representative for Atlanta-based Wendy’s said tomatoes would be included in its meals only at the customer’s request. In Oak Brook, Ill., McDonald’s said the tomato crisis had not changed operations at the restaurant chain. A spokeswoman for Quiznos Sub Shop declined to comment on the tomato chill.
Continue reading ‘Florida chill puts tomato prices up the vine – latimes.com’
HILO — As it dismantles the last vestiges of its coqui-control program, Hawaii County plans to sell off the equipment some community groups say is essential to their voluntary eradication efforts.
The move comes just as scientists say the county’s coqui population is maturing into much larger frogs. Where once they were described as the size of quarters, a coqui was recently reported the size of a tennis ball, said Mark Munekata of the Hawaii Island Economic Development Board.
"The coquis don’t have any budget cuts," Munekata said, adding that the frogs seem to rapidly adapt to Hawaii conditions. "Once you think you understand them, they do something else and throw you for a loop."
MALP Educational Meeting — Free to the public
"Common Plant Health Problems in Hawaii Landscapes"
Our speaker for March is Dr Scot C. Nelson, he will be discussing Common Plant Health Problems in Hawaii Landscapes,.
Tuesday March 23rd 6.30pm (Pupu served)
Maui Community Services Bldg., next to CTAHR Extension Service at the Maui Community College Campus. Click Here for MapDr. Nelson has been employed as a plant pathologist at the University of Hawaii at Manoa since 1992, having been stationed at Manoa, Hilo (his current location) and in Kona. He has experience with plant pests and diseases in landscape settings, at homes, businesses, tourist destinations and resorts throughout the state.
Continue reading ‘Maui Association of Landscape Professionals’
Students in Professor Jan Wampler’s class, Architecture Design Studio, spent eight days designing affordable dwellings for farmers in Hawaii
Hawaii Island is caught in a Catch 22 situation.
Although the island boasts a fertile landscape that can easily support a broad range of agriculture, 85-90 percent of food consumed is imported from the mainland. High real estate costs have been partially responsible for perpetuating this dependency, prohibiting many young families from owning and farming the land as their parents did. Some locals have even left Hawaii in search of work.
As part of a larger effort to revitalize Hawaii’s agricultural economy, MIT architecture students, led by Professor Jan Wampler, have partnered with the local non-profit Kohala Center and the Starseed Ranch to provide young farmers with land and housing.
Continue reading ‘Revitalizing the land of plenty with affordable housing | MIT news’
Haliimaile Pineapple Company (HPC) is turning out consistently super sweet Maui Gold Pineapple. I’m amazed at the quality. Small Co.=better!
By KEVIN MCCULLEN
TRI-CITY HERALDRICHLAND, Wash. — Scientists in Eastern Washington are at the forefront of research into an ancient practice that shows promise as a clean fuel source, a way to improve soil condition and to capture carbon that otherwise would be released into the atmosphere.
Researchers from Pacific Northwest National Laboratory, the federal Department of Agriculture’s research station in Prosser and Washington State University have been integral figures in studies of biochar and its potential uses.
Biochar, a charcoal-like material, is produced when biomass – including wood, plant and animal waste – is burned in the absence of or under low oxygen conditions so the material doesn’t combust.
This process, called pyrolysis, thermally decomposes the waste into biochar, bio-oil and syngas. Biochar and bio-oil show commercial promise and syngas offers a power source that can run a pyrolyzer.
The USDA’s Agricultural Research Service has estimated that if the United States were to pyrolyze 1.3 billion tons of various forms of biomass annually, it could replace 1.9 billion barrels of imported oil with bio-oil. That would represent about 25 percent of the annual oil consumption in this country. In addition, USDA estimates the country could sequester 153 million tons of carbon annually by adding biochar to soils.
Continue reading ‘E Wash scientists study biochar for energy’
We’ve determined that Whole Foods Market (WFMI) was more relevant to the development of Hawaiian Agriculture do to their commitment to sell fresh local agricultural products rather then tracking an index so PowerShares DB Agriculture (DBA) has been replaced.
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) 02-26-2010
14.02% GAIN from the open on the 12th to the close on the 19th
open 3.28 02/12/2010 close 3.74 02/19/2010
activity on the 19th was extraordinary

Whole Food Markets (WFMI) 02-26-2010

Calavo Growers (CVGW) 02-26-2010

Alexander and Baldwin (ALEX) 02-26-2010

Monsanto (MON) 02-26-2010

Syngenta (SYT) 02-26-2010

DUPONT E I DE NEM (DD) 02-26-2010

Continue reading ‘Hawaii and Related Agriculture Daily Charts for the week ending 02-26-2010′













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