Limoneira reports strong revenue growth
Santa Paula agribusiness Limoneira reported increased revenues for the fourth quarter and fiscal year 2016, exceeding its guidance with an operating income of $9.2 million. Net income applicable to common stock, after preferred dividends, was $7.4 million for the year, or 52 cents per common share, up from $6.4 million in 2015. The company had announced expectations of operating Read More →
New wage rules, immigration policies might hurt farmers
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Santa Maria’s Abel Maldonado potential Trump nominee for agriculture secretary
Story updated at 2:30 p.m. Dec. 29 Santa Maria farmer and former mayor Abel Maldonado met with President-elect Donald Trump at his Palm Beach Mar-A-Lago resort Dec. 28 to discuss Maldonado’s potential nomination as agriculture secretary, according to newspaper reports. Maldonado was lieutenant governor to Arnold Schwarzenegger from 2010 to 2011 after being elected to Read More →
Strawberries still reign but sank in 2015
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Reiter Affiliated grows one of their own to be the next CEO
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USDA will allow lemon imports from Argentina
The U.S. Department of Agriculture announced Dec. 20 that it would publish its final rule allowing lemon imports from areas of Argentina into the U.S. Its pest risk assessment and three site visits, most recently in September, led the agency to conclude that a systems approach requiring registration, monitoring, treatment and traceability protocols for production Read More →
Calavo Growers reports record fourth quarter income
Calavo Growers, headquartered in Santa Paula, reported record fourth quarter revenues of $247.7 million and net income of $9.2 million, almost double its net income for the same period last year. Earnings climbed to 53 cents per diluted share for the quarter ended Oct. 31, compared to 28 cents for the fourth quarter 2015, bringing Read More →
