The annual charts have bee updated. CLICK HERE to view. The 200 day comparative price, line and histogram charts, page has been updated also. CLICK HERE to view.
Maui Land and Pineapple (MLP) 10-09-09
Calavo Growers (CVGW) 10-09-09
Alexander and Baldwin (ALEX) 10-09-09
Monsanto (MON) 10-09-09
Syngenta (SYT) 10-09-09
DUPONT E I DE NEM (DD) 10-09-09
DECATUR, Ill. (TheStreet) — Agriculture and fair competition have had a strained relationship.
Price-fixing scandals, such as the lysine conspiracy, have marred the industry. (Lysine is a vital component of livestock feed and the subject of the new movie "The Informant.")
Regardless, the industry is growing in appeal as the world’s population expands, straining food production. More food is needed from less space as cities grow, claiming more farm land. Companies such as Archer Daniels Midland(ADM) is a big source of food, and its shares will benefit as a result. Archer Daniels has risen 37% over the past year, compared with a decline for the benchmark S&P 500 Index. Archer Daniels’ growth potential is all but guaranteed.
Still, not all food producers have risen quite like Archer Daniels. Bunge(BG) and Corn Products International(CPO) declined during the past year, while The Andersons(ANDE) is little changed. Some of the biggest players in the industry, such as Cargill, are closely held.
Global population growth stands at 1.1% a year, which doesn’t sound like much, but in reality means there will be 77 million more people every year, taxing an already stretched food supply and leaving a huge hole to fill by food producers. Food isn’t a complex industry to understand: Everyone needs it, and it’s all basically the same.
That last point gives the industry most of its character. Commodities, be they corn, grain or lysine, require hedging, which is a huge task. Archer Daniels, for example, has nearly $2 billion in derivative contracts to help guard against a decrease in price or other events that could affect profits, such as foreign-exchange risk.
The annual charts have been updated also. CLICK HERE to view.
Maui Land and Pineapple (MLP) 10-02-09
Calavo Growers (CVGW) 10-02-09
Alexander and Baldwin (ALEX) 10-02-09
Monsanto (MON) 10-02-09
Syngenta (SYT) 10-02-09
DUPONT E I DE NEM (DD) 10-02-09
The annual charts have been updated also. CLICK HERE to view.
Maui Land and Pineapple (MLP) 09-25-09
Calavo Growers (CVGW) 09-25-09
Alexander and Baldwin (ALEX) 09-25-09
iPath DJ AIG Sugar TR Sub-Idx ETN (SGG) 09-25-09
Monsanto (MON) 09-25-09
Syngenta (SYT) 09-25-09
The annual charts have been updated also. CLICK HERE to view.
Maui Land and Pineapple (MLP) 09-18-09
Calavo Growers (CVGW) 09-18-09
Alexander and Baldwin (ALEX) 09-18-09
iPath DJ AIG Sugar TR Sub-Idx ETN (SGG) 09-18-09
Monsanto (MON) 09-18-09
Syngenta (SYT) 09-18-09
The annual charts have been updated also. CLICK HERE to view.
Maui Land and Pineapple (MLP) 09-11-09
Calavo Growers (CVGW) 09-11-09
Alexander and Baldwin (ALEX) 09-11-09
iPath DJ AIG Sugar TR Sub-Idx ETN (SGG) 09-11-09
Monsanto (MON) 09-11-09
Syngenta (SYT) 09-11-09
HONLULU — The head of the state agriculture department said Wednesday she’s located funds to cut in half the number of agriculture inspectors who may be laid off because of the state’s budget crisis.
The Lingle administration plans to use money from a new user fee that the governor tried to veto two years ago.
In August, the state notified 50 agriculture inspectors they could be laid off — that’s two-thirds of the staff who check Christmas Trees and incoming produce for invasive pests like snakes and insects.
The farming industry is upset, because a lack of inspectors will slow down outgoing shipments of everything from corn seed to fish grown in aquaculture operations.
The Chairperson of the State Agriculture Department said she plans to use money from two funds to cut the amount of layoffs in half to 25 inspectors.
"That would give us some breathing room as we continue to look for more funds and at least to stave off the initial layoffs during this period," said state agriculture chairwoman Sandra Kunimoto.
August 30th, 2009 by peoplesdialectic
I’ve always been impressed with the quality of events Kanu Hawaii puts on to help the community and raise awareness about important issues.
The Eat Local Challenge is no exception. In fact, it strikes at the heart of possibly one of the most immediate and important questions for our islands. Eating local is beneficial on both an economic and environmental level. And the light the Challenge shines on food channels couldn’t have come at a more crucial time.
The Honolulu Star-Bulletin featured on Wednesday, August 12, an article discussing plans to develop 1,500 acres of some of ‘the best ag land’ on Oahu for a 12,000 home community. The loss of this prime agricultural land to tract housing, shopping centers, and business parks will be a significant loss of our ability to grow food for ourselves.
There was a day when the economy of our islands didn’t depend on visitors from around the world. While no one suggests we return to the plantation culture, we do need to diversify our economy away from tourism. With a revenue stream that is so fundamentally tied to the vacation plans of people around the world, Hawaii is particularly vulnerable to economic hard times and recessions. We can no longer afford to depend so heavily on the disposable income of others. Hawaii must once again become self-sufficient.
The annual charts have been updated also. CLICK HERE to view.
Maui Land and Pineapple (MLP)
Calavo Growers (CVGW)
Alexander and Baldwin (ALEX)
iPath DJ AIG Sugar TR Sub-Idx ETN (SGG)
Monsanto (MON)
Syngenta (SYT)
