Assets, including real estate properties, water rights, and client contracts, were acquired by Conterra Ag Capital.
Seven consecutive years of production growth are reshaping Southeast Asian trade, challenging Southern Hemisphere origins as the import window narrows.
The business is expanding and remains profitable—but at a cost, writes Betina Ernst, President at consulting firm Top Info Marketing.
The main producing area in the Golden State kicked off harvesting last week, projecting good yields and quality as Mexican supplies slowly exit the market.
The agreement is expected to open the door for other agricultural commodities, with apples and pears first in line.
Expansion is fueled by increasing health consciousness, consumer preferences for fresh and convenient snacks, and the growth of food processing industries.
Jeff Scott, CEO of industry body ATGA, recalls how a 30 percent rejection rate in 2012 forced the sector to rethink shipments to the Asian giant.
The industry is sharpening its quality focus after a rain-struck season.
The pending Mercosur-EU agreement strengthens the South American country's position in one of the most demanding markets in the world.
CTGC President Ian LeMay praised exiting board head Marko Zaninovich for his leadership during a significant transition period for the organization.
