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Faulkner Farm in Santa Paula, the home of the University of California’s Hansen Agricultural Research and Extension Center, sold for $3,700,001, one dollar more than asking, when escrow closed on March 5. The farm was put up for sale in September, after the UC Division of Agriculture and Natural Resources decided to move its agricultural Read More →
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Revenue was down for the second consecutive quarter at Oxnard-based Mission Produce, but net income was on the rise in the first quarter of 2021, according to the company’s March 10 earnings statement. Mission Produce, which is one of the biggest avocado distributors in the world, generate revenue in the first quarter worth $173.2 million, Read More →
The pandemic’s effects have depressed the lemon market for a year, as full-service restaurants and bars were forced to close indoor operations in many parts of the country, but Limoneira is looking at strong tailwinds in the market as several regions start to reopen. In an earnings report released March 10, Santa Paula-based Limoneira reported Read More →