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Santa Paula citrus producer and real estate investment company Limoneira reported on Sept. 11 a slight increase in revenues for its third quarter, ended July 31, but a drop in net income to $7.7 million, or 52 cents per share. Avocado production fell by nearly half, since the crop bears in alternate years, but declines Read More →
Roseville-based Farm Credit West increased its net income from $163 million in 2014 to $169 million in 2015, the credit union announced on March 14. Farm Credit West has offices in Carpinteria, Santa Maria, Templeton and Ventura, where it provides loans, leases and financial services to farmers, ranchers, rural homeowners, agribusinesses and agricultural and rural Read More →
John Mark Moore, 51, of Nipomo has pleaded guilty in federal court to defrauding his in-laws, a former business partner and five banks out of as much as $47 million. Before his sentencing in July, Moore is likely to try to return as much of that as he can as restitution, according to prosecutors. But Read More →