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Mission Produce reports earnings drop in first post-IPO filing

By   /  Tuesday, January 19th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce reports earnings drop in first post-IPO filing

Revenue and net income took a hit in the fourth quarter of 2020 for Oxnard-based Mission Produce, as the company released its first earnings report on Jan. 19 since its initial public offering in October. Mission Produce reported revenue totaling $206.8 million for the quarter ended Oct. 31, which was an 11% decrease from the Read More →

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HLB-sniffing dogs find a home in Ventura County

By   /  Friday, January 15th, 2021  /  Agribusiness, East Ventura County, Latest news, Subscriber content, Tri-County Economy, West Ventura County  /  Comments Off on HLB-sniffing dogs find a home in Ventura County

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Limoneira’s losses mount as pandemic depresses citrus sales

By   /  Monday, January 11th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira’s losses mount as pandemic depresses citrus sales

Santa Paula-based agribusiness Limoneira saw its losses increase and its revenue drop in the fourth quarter of its most recent fiscal year, as low wholesale prices and declining sales during the pandemic took their toll. Limoneira released its results Jan. 11 for the quarter and fiscal year ended Oct. 31, revealing a loss of 42 Read More →

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Ag, oil fight Ventura County general plan

By   /  Friday, January 8th, 2021  /  Agribusiness, Energy, Latest news, Law, right, Subscriber content, Top Stories  /  Comments Off on Ag, oil fight Ventura County general plan

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More avocado consumption doesn’t add up to more profit for Calavo

By   /  Monday, December 21st, 2020  /  Agribusiness, Banking & Finance, Earnings, Latest news, right, Top Stories, Tri-County Public Companies  /  Comments Off on More avocado consumption doesn’t add up to more profit for Calavo

Americans have been eating more avocados than ever during the pandemic, but the companies that sell them avocados aren’t necessarily profiting from the growing volume. Around 70% of U.S. households will have purchased avocados in 2020, with consumption on pace to top 6.25 billion avocados, 64% more than U.S. consumers bought in 2014, according to Read More →

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Hemp growers hope for comeback as Ventura County loosens buffer rules

By   /  Friday, December 18th, 2020  /  Agribusiness, East Ventura County, Latest news, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Hemp growers hope for comeback as Ventura County loosens buffer rules

The Ventura County Board of Supervisors voted Dec. 15 to adopt new regulations on industrial hemp. Growers are hoping this will help reverse the decline of a crop that lost more than 90% of its Ventura County acreage from 2019 to 2020.

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Two Central Coast Wine legends to receive major Wine Enthusiast awards

By   /  Friday, December 18th, 2020  /  Agribusiness, Central Coast, Latest news, Small Business, Subscriber content, Tri-County Economy, Wine & Viticulture  /  Comments Off on Two Central Coast Wine legends to receive major Wine Enthusiast awards

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