Limoneira shares sour on Q4 loss
Shares of Santa Paula-based Limoneira Co. plunged 8.1 percent in mid-afternoon trading on Monday after the company reported a fourth-quarter loss of $1.1 million, compared to a $141,000 profit a year earlier. The loss was primarily the result of lower avocado volume and revenue, the firm said.
Calavo shares jump on higher avocado sales
Shares of Calavo Growers soared 6.5 percent on Tuesday, when the Santa Paula-based produce marketer reported fourth-quarter revenue climbed 35 percent to $190.7 million on higher avocado prices and volume.
Strawberries top tri-county farming forecast in 2014
Strawberries remain the largest piece of the pie in the Tri-Counties’ multibillion-dollar agriculture industry, but there will be slightly less acreage in the New Year.
USDA creates emergency response framework to fight citrus disease
The framework will allow the USDA and its partners to coordinate resources, share information and develop strategies to combat a serious bacterial disease affecting citrus crops locally and in other states.
Dry spell: Ventura County struggles to refill from Santa Clara River
Farms, industries and municipalities in Ventura County could see a severe reduction in the amount of water they receive from the Santa Clara River watershed and sharply higher prices if a pair of environmental challenges are successful, a top groundwater manager said Nov. 16.
Tony Morgan, groundwater department manager for the United Water Conservation District, said at a symposium in Santa Paula that the district is unlikely to be able to supply anywhere near the water this year that it has in the past because of prolonged dry weather.
