According to the National Agricultural Statistics Service, revenue from farms in Hawaii had increased by 7 percent in 2012 to $719.5 million. As a comparison, in 2008 the industry had only $600 million in revenue. Cattle revenue saw an 50 percent increase thanks to a new program setting prices at a regional level, while the algae production saw a 51 percent increase. Macadamia nuts had a 27 percent increase in revenues and sugar can had a 12 percent increase. Seed corn and other seed crops had a modest 2 percent gain. Papayas, coffee, cabbage, anthuriums, and potted dendrobiums saw revenue decreases.
Pineapples are not reported due to the fact that Dole Food Company is the only producer of that crop.
Source: Honolulu Star Advertiser, 12-23-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
