Dry weather plagues Ventura County strawberries
Oxnard strawberry growers lost an average $10,000 to $15,000 per acre worth of crop last year because the berries died off prematurely in dry weather, and farmers could be in for a repeat of that scenario this year.
Ceres files for $20M offering
The Thousand Oaks-based firm said it would like to use the proceeds from the public offering to expand its Brazilian operations, participate in collaborations and break into new markets.
Fungus ruckus: Ventura mushroom farm in escrow to international buyer
What was once the country’s third-largest mushroom producer is facing a complaint filed by the city seeking nearly $200,000, and a civil suit by Shell Energy North America for an unpaid line of credit.
SBA responds to statewide drought with disaster loans
In response to economic losses caused by the statewide drought, certain small businesses across California, including in the Tri-Counties, are now eligible to apply for low-interest federal loans from the U.S. Small Business Administration, the agency announced on Jan. 21. Small, non-farm businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, nonprofit Read More →
Limoneira shares sour on Q4 loss
Shares of Santa Paula-based Limoneira Co. plunged 8.1 percent in mid-afternoon trading on Monday after the company reported a fourth-quarter loss of $1.1 million, compared to a $141,000 profit a year earlier. The loss was primarily the result of lower avocado volume and revenue, the firm said.
