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Posted: Monday, March 3rd, 2014 12:14 PM HST

Statistics: Hawaii seed industry spending down

By Associated Press

HONOLULU (AP) Recent estimates show that spending by the seed research and development industry went down over the last two years.

But the seed industry remains the state's biggest crop by value.

Estimates by the National Agricultural Statistics Service show a 10 percent drop in spending by seed companies during the 2012-13 season. In the season that ended in June, the value of seed company spending statewide was at $213 million. In the 2011-12 season, that figure was at $238 million.

The Honolulu Star-Advertiser reported Monday the drop was the second consecutive annual reduction after a less than 1 percent dip from the 2010-11 season record of $239 million. That was the seed industry's first decline in more than two decades.

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