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Montecito Bank & Trust
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Limoneira misses second quarter estimates but analysts reconfirm strong outlook for year

By   /  Thursday, June 9th, 2016  /  Agriculture, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira misses second quarter estimates but analysts reconfirm strong outlook for year

Santa Paula-based Limoneira reported drops in revenue and operating income for the second quarter of 2016 in an earnings report June 9. But analysts reconfirmed strong fiscal year 2016 and 2017 outlooks despite the quarter’s performance, due to favorable lemon pricing and expectations for the company’s real estate development segment. Limoneira’s recently expanded packing facility Read More →

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Calavo Growers reports highest quarterly net income in company history

By   /  Monday, June 6th, 2016  /  Agriculture, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Growers reports highest quarterly net income in company history

Calavo Growers had its highest quarterly net income and gross profits ever, the company announced in a second quarter earnings report June 6, with earnings per diluted share of 56 cents. That beat the average estimate of analysts surveyed by Zacks Investment Research, which was for earnings of 50 cents per share. The Santa Paula-based Read More →

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What’s in your olive oil?

By   /  Friday, June 3rd, 2016  /  Agriculture, left  /  Comments Off on What’s in your olive oil?

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Strawberries No. 1 crop but prices, output vary

By   /  Friday, May 27th, 2016  /  Agriculture, middle  /  Comments Off on Strawberries No. 1 crop but prices, output vary

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Ventura’s Biodico gets $1.2 million grant farm electricity project

By   /  Friday, May 20th, 2016  /  Agriculture, Energy, Latest news  /  Comments Off on Ventura’s Biodico gets $1.2 million grant farm electricity project

Ventura biofuel company Biodico received a $1.2 million grant from the California Energy Commission for its solar, wind and bioenergy project, “Zero Net Energy Farms.” Through the project, Biodico plans to generate enough electricity to power a farm onsite and reduce greenhouse gas emissions. The grant was awarded through the CEC’s Electric Program Investment Charge Read More →

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GMOs, drought strategies may be ripe for rethinking

By   /  Friday, May 13th, 2016  /  Agriculture, Columns, Latest news  /  Comments Off on GMOs, drought strategies may be ripe for rethinking

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Plantel Nurseries automates, triples size of operation

By   /  Friday, April 15th, 2016  /  Agriculture, Central Coast, left  /  Comments Off on Plantel Nurseries automates, triples size of operation

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