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Economic Strength of Hawaii Seed Crop Industry Confirmed by Recent Reports
Date:9/22/2009

The seed industry's significant contributions to the state's economy were confirmed by two recent economic reports issued by the Hawaii Field Office of the National Agricultural Statistics Service (NASS) and well-known Hawaii economist Dr. Leroy Laney.

Honolulu, HI (Vocus) Sept. 22, 2009 -- The seed industry's significant contributions to the state's economy were confirmed by two recent economic reports issued by the Hawaii Field Office of the National Agricultural Statistics Service (NASS) and well-known Hawaii economist Dr. Leroy Laney.

In its Aug. 31 report, "Hawaii Seed Crops," the NASS estimates the value of Hawaii's seed industry for the 2008/2009 season was a "record high" of $176.6 million. Seed corn accounts for $169.3 million, or 96 percent, of the total value. According to the NASS, acreage devoted to seed crops will increase 12 percent from the previous growing season to a record of 5,930 acres.

The economic impact of the seed crop industry is also being felt on the county level. In his Aug. 25 Economic Forecast for Kauai, Laney describes the activities of the seed industry as "a major stabilizing influence" for the island's West side. Four major seed companies currently have operations on the Garden Isle; a fifth company is in the process of relocating to the island.

Hawaii seed companies have operations on four islands - Oahu, Kauai, Molokai, and Maui - and employ more than 1,800 residents. Fifteen percent of these jobs are on the neighbor islands and in the areas of high-tech science and research. "When I think about an industry that is providing stable jobs for state residents and continuing to grow during this recession, the only one that comes to mind is the seed crop industry," noted Adolph Helm, a Molokai farmer and president of the

Source: PRWeb
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