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A new report from the University of Hawaiʻi Economic Research Organization concludes that the economic value of Ag production has declined “more than the physical production of agricultural goods, because consumer prices have skyrocketed at a higher rate than wholesale agricultural prices.”
According to the researchers, Hawaiʻi has more idle cropland than harvested cropland, which represents an economic opportunity, especially for high-value crops.
Read the full UH News story.
Read the full UHERO brief, “The agricultural economic landscape in Hawaiʻi and the potential for future economic viability."