Ceres decreases second quarter losses
Ceres Inc. narrowed its losses but revenues were still low during the second quarter. The Thousand Oaks-based ag-biotech company said net losses decreased from $8.01 million in the second quarter of 2015 to $1 million in the second quarter of 2016, the company reported April 14. Losses also fell from $1.34 per share last year Read More →
Read More →Limoneira opening South Africa branch
Santa Paula-based Limoneira announced April 10 that it is launching Limoneira South Africa, a new branch of its One World of Citrus model, and partnering with Re:inc to manage packing and sales. Limoneira South Africa, based in Paarl, South Africa, will ship area produce globally and “pursue joint venture farming and packing operations,” Alex Teague, Read More →
Read More →Semtech’s LoRa to be used for trackers to monitor health of cattle
Camarillo-based Semtech’s LoRa wireless technology has been selected by Quantified Ag for trackers that will monitor and report the health of cattle. Sensors in each ear tag will constantly monitor livestock temperature, movement and other vital signs. The information from the ear tracker is relayed to a receiver, which sends data to a central system Read More →
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Land conservancy gets gift of 3,000 acres near Atascadero
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Read More →Exchange rate fluctuations to blame for drop in net farm income
Changes in dollar strength and exchange rates have been a major factor in the drop in net farm income, even as agriculture revenue has doubled, said Michael Swanson, senior economist for Wells Fargo. “We often get buried in a micro view of our world … and then we get blind-sided by some other trend that Read More →
Read More →Land Conservancy of San Luis Obispo County gets 3,000-acre gift
The Land Conservancy of San Luis Obispo County finalized the largest conservation easement gift in its 32-year history March 24. The 3,000-acre expanse at Eagle Ranch in Atascadero is preserved from development after a 10-year process between Eagle Ranch, LLC and the land conservancy. Representatives from both groups and local dignitaries celebrated the agreement at Read More →
Read More →Limoneira to pay dividend of 5 cents per share
Santa Paula agribusiness Limoneira declared a dividend of 5 cents per share March 24. The dividend will be paid April 15 to all common stockholders at the close of business April 4. Limoneira badly missed analyst estimates when it reported a first quarter net loss of $3.9 million, or 29 cents per share March 11. Read More →
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