Ceres delays again, warns of Brazilian drought
Ceres, the Thousand Oaks-based energy crop firm, has delayed its initial public offering again. It also said Friday that its existing investors might buy as many as a fifth of the shares slated to hit the market and that a drought in Brazil could hurt it sweet sorghum yields. The pushed back its planned initial Read More →
Ceres delays its IPO, slashes price
Thousand Oaks-based energy crop maker Ceres has drastically lowered expectations for its initial public offering and delayed it for a week, according to regulatory filings and investment banking sources. The company was set to raise as much as $132 million on the Nasdaq when shares hit the markets under the name CERE on Feb. 9. Read More →
Hot commodities: Greenhouse tomato growers eye competition
Houweling’s Tomatoes in Camarillo and Windset Farms in Santa Maria view Mexican farmers as their biggest competition.
Ceres set to sprout: Crop firm names date for $132M IPO
Ceres plans to go public on Feb. 9, raising as much as $132 million on the Nasdaq under the symbol CERE.
Wells Fargo warns growers of globalization risks
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A sunny breakthrough: Gaviota ranch tests solar pump that could change industry
Kitson Landscape Management is trying out a new solar pump that could be a game-changer for the agricultural industry.
Wineries see profits flow to bulk sales
Large Central Coast winemakers are benefiting from the global trend of selling wine in bulk rather than bottles. Over the last two decades, bulk wine — wine that’s not yet packaged for retail sale — has become a major player in the wine-selling game. Bulk wine used to make up 25 percent of the product Read More →