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Strawberry grower, Heritage Oaks head to trial over loan contract

By   /  Friday, July 11th, 2014  /  Agribusiness, Banking & Finance, Central Coast, Law, Top Stories, Tri-County Economy  /  Comments Off on Strawberry grower, Heritage Oaks head to trial over loan contract

A Santa Maria strawberry grower’s lawsuit alleging that Heritage Oaks Bank’s failure to provide financing after promising to do so drove the grower into near-bankruptcy is headed to trial later this month.

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Ceres inks deal to sell plant genetics software

By   /  Tuesday, July 8th, 2014  /  Agribusiness, East Ventura County, Technology, Top Stories  /  Comments Off on Ceres inks deal to sell plant genetics software

Shares of Thousand Oaks-based energy crop firm Ceres were up 8 percent in midday trading on news that the company inked a deal to monetize its genome viewing software through a deal with Bayer CropScience.

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Apeel blooms: Startup gets $1.3M to explore flower, produce coatings

By   /  Friday, July 4th, 2014  /  Agribusiness, Small Business, South Coast, Technology, Tri-County Economy  /  Comments Off on Apeel blooms: Startup gets $1.3M to explore flower, produce coatings

Apeel Sciences has raised $1.3 million and is working on a new product for flower growers to complement its existing efforts to prevent fruit and produce losses to pests and spoilage.

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Tech-savvy Ventura County grower re-engineers approach to raspberries

By   /  Friday, July 4th, 2014  /  Agribusiness, Small Business, Top Stories, Tri-County Economy, West Ventura County  /  1 Comment

Jurgen Gramckow is one of a few Ventura County raspberry growers who are making the crop one of the county’s highest-grossing agricultural products.

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Ventura County to get $1.5M through federal program

By   /  Friday, June 27th, 2014  /  Agribusiness, East Ventura County, Tri-County Economy  /  Comments Off on Ventura County to get $1.5M through federal program

Ventura County will receive $1.47 million from the U.S. Department of Interior’s Payments in Lieu of Taxes. The PILT program gives funds to local governments to offset losses in property taxes due to non-taxable federal lands within their boundaries. Last year, Ventura County received $1.3 million in PILT funds, according to Congresswoman Julia Brownley, D-Westlake Read More →

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Eminent domain suits clear way for Ventura County brine line

By   /  Friday, June 20th, 2014  /  Agribusiness, East Ventura County, Law, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Eminent domain suits clear way for Ventura County brine line

The Calleguas Municipal Water District has filed eminent-domain lawsuits against four Ventura County property owners to make way for a massive brine pipeline that will help parts of the county import less water from outside the region.

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Limoneira operating income jumps 35% on higher lemon prices

By   /  Tuesday, June 10th, 2014  /  Agribusiness, Banking & Finance, East Ventura County, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Limoneira operating income jumps 35% on higher lemon prices

Santa Paula-based fruit grower Limoneira Co.’s second-quarter profits fell 16.7 percent to $2 million despite higher revenue and operating income. The earnings decrease was affected by Limoneira’s sale last year of 165,000 shares of Santa Paula-based Calavo Growers, a transaction that netted a $3.1 million gain in the second quarter of 2013. Limoneira’s earnings per Read More →

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