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.
Calavo shares jump on higher avocado sales
Shares of Calavo Growers soared 6.5 percent on Tuesday, when the Santa Paula-based produce marketer reported fourth-quarter revenue climbed 35 percent to $190.7 million on higher avocado prices and volume.
Strawberries top tri-county farming forecast in 2014
Strawberries remain the largest piece of the pie in the Tri-Counties’ multibillion-dollar agriculture industry, but there will be slightly less acreage in the New Year.
USDA creates emergency response framework to fight citrus disease
The framework will allow the USDA and its partners to coordinate resources, share information and develop strategies to combat a serious bacterial disease affecting citrus crops locally and in other states.
