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Sunday, September 23, 2012

Will Cashews Become Next Cash Crop?

For decades the macademia nut has been one of the top income producers for Hawaii’s farmers. Recently, however, the State Department of Agriculture have been trying to get local farmers interested in also growing cashews, which they say Hawaii’s climate is well suited for.  Most importantly, Department of Agriculture officials note that cashews grow on “marginal farmland” which would allow farmers to grow them at little or no expense to their other crops. Sharon
Experts note that Hawaii won’t be able to produce enough cashews to compete with countries such as India, Brazil, Vietnam, Ivory Coast and Nigeria. However, it is believed that Hawaii can produce enough premium and or organic cashews to fill a nitch market. High end cashews retail for approximately $8 per pound. It should be noted that it takes cashew trees between three to five years to become mature enough to produce the nuts.
Source: Honolulu Star Advertiser, 9-23-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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