UConn Finds Seaweed Could Be Cash Crop
August 27, 2012
A University of Connecticut study suggests that seaweed could turn into a cash crop for the state, according to an article on CTPost.com.
A workforce of skilled shellfishermen and seaweed’s potential to clean coastal waters are two strong motivators which could drive commercial growth of the plant in waters west of New Haven, Marcelo Graziano told a crowd of academics and businesspeople at the University of Connecticut-Stamford Wednesday (August, 22).
In the near future, shellfishermen choosing to grow seaweed could turn a profit selling it for use in animal feed or for production of fertilizer, said Tim Hidu, a UConn business student. Hidu said future conversion of a Connecticut crop of seaweed into granular fertilizer would generate a consistent demand for the product and could be sold for $2.31 a pound, a profit of just over 20 percent.
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