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Pour no more: Small wineries oppose Santa Barbara County tasting-room ordinance

By   /  Friday, August 22nd, 2014  /  Agriculture, Central Coast, Small Business, South Coast, Tourism, Tri-County Economy, Wine & Viticulture  /  No Comments

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Many small wineries in rural areas of Santa Barbara County such as the Santa Ynez Valley may be unable to house tasting rooms or hold special events if county officials approve changes to a winery ordinance that has been in place since 2004.

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Limoneira buys stake in Chilean citrus packing operation

By   /  Tuesday, August 19th, 2014  /  Agriculture, East Ventura County, Top Stories, Tri-County Economy  /  No Comments

Limoneira Co. has purchased a 35 percent stake in a Chilean citrus business for $1.75 million. Santa Paula-based Limoneira said Tuesday that it had made the investment in Rosales, a citrus packing, marketing and sales operation based in La Serena, Chile. The operation is located in the coastal region of northern Chile, which is a […]

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A fungus among us: Team hopes to cultivate truffles on Central Coast

By   /  Friday, August 15th, 2014  /  Agriculture, Central Coast, Top Stories, Tourism  /  No Comments

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  A group of French and Chilean truffle farmers are sniffing out the Central Coast’s potential to grow the highly prized fungi. A team from Beyond Truffles, a Chilean truffle producer, and Agri-Truffe, a French truffle-tree nursery operation, are reaching out to San Luis Obispo County farmers and vintners in hopes of launching large-scale production […]

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Funding farming’s future: USDA tags Tri-Counties for program

By   /  Friday, August 8th, 2014  /  Agriculture, Banking & Finance, Central Coast, East Ventura County, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture  /  No Comments

The value of the strawberry crop in Ventura and Santa Barbara counties dropped 5 percent to just over $1 billion last year as farmers struggled with the drought. (USDA photo)

  A $10 billion federal fund from the U.S. Department of Agriculture could provide much-needed assistance for developing water systems and other infrastructure in the Tri-Counties, where the region’s agriculture industry has suffered tremendous losses from the drought. The USDA has designated Ventura, Santa Barbara and San Luis Obispo counties as “drought disaster counties” as […]

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Crop values hit $4.4B as drought parches strawberries

By   /  Wednesday, August 6th, 2014  /  Agriculture, Central Coast, East Ventura County, Green Coast, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture  /  No Comments

The value of the strawberry crop in Ventura and Santa Barbara counties dropped 5 percent to just over $1 billion last year as farmers struggled with the drought. (USDA photo)

Drought conditions sapped 12 percent of the value of strawberry production in Ventura County while wine grapes surged for Santa Barbara and San Luis Obispo counties to help boost the region’s crop values to $4.4 billion, according to reports on last year’s crops.

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Santa Maria farmer files Chapter 7 amid legal battle with bank

By   /  Friday, August 1st, 2014  /  Agriculture, Banking & Finance, Banking Industry, Central Coast, Law, Top Stories, Tri-County Economy  /  No Comments

A Santa Maria produce broker and farmer has filed for Chapter 7 bankruptcy with about $1 million in assets and $9 million in liabilities as his family companies sue the region’s largest bank on allegations that it failed to come through on millions of dollars in promised loans.

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Ventura County’s ripe farm loan market drives $15.3M bank deal

By   /  Friday, July 25th, 2014  /  Agriculture, Banking & Finance, Banking Industry, East Ventura County, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off

Sierra Bancorp is placing a $15.3 million bet on the agricultural bounty of Ventura County. The Porterville-based parent company of Bank of the Sierra said July 17 that it is purchasing Santa Paula-based Santa Clara Valley Bank in an all-cash deal that includes three branches and $105 million in deposits. The deal gives the Central […]

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