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Another big hit to our Big Island economy!
#1
Aloha!

Dairies, chicken farms, cruise ships (tourists) - now trouble with the macadamia nut business! [Sad]

ML Macadamia Orchards, L.P. is the world’s largest grower of macadamia nuts, owning or leasing 4,189 acres of orchards. All of its orchards, assets and employees are based on the island of Hawaii where macadamia yields are the highest in the world.

"Many farmers in Hawaii and Australia are unable to sell their crop at any price at this time," the company said. [Sad!] [V]

The article - "ML Mac seeks to process own crop
In the face of rotting crops, the Big Island firm wants to process and market its nuts."

http://starbulletin.com/2008/02/14/busin...ory01.html

Globalized markets have severely hurt American/Hawaiian farming at times dropping the market price below actual production costs. I was never for tariffs or subsidies because of the higher consumer prices and artificial markets they can create - now I'm not so sure?

Mahalo!

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Messages In This Thread
Another big hit to our Big Island economy! - by Menehune - 02-14-2008, 04:46 AM
RE: Another big hit to our Big Island economy! - by Guest - 07-19-2008, 12:58 PM

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