Fungus ruckus: Ventura mushroom farm in escrow to international buyer
What was once the country’s third-largest mushroom producer is facing a complaint filed by the city seeking nearly $200,000, and a civil suit by Shell Energy North America for an unpaid line of credit.
Read More →SBA responds to statewide drought with disaster loans
In response to economic losses caused by the statewide drought, certain small businesses across California, including in the Tri-Counties, are now eligible to apply for low-interest federal loans from the U.S. Small Business Administration, the agency announced on Jan. 21. Small, non-farm businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, nonprofit Read More →
Read More →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.
Read More →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.
Read More →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.
Read More →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.
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