Citrus Woes Cut Alico Income

Ernie Neffbusiness

Alico, Inc. reported net income of approximately $23.7 million for the fiscal year ended Sept. 30, down from $37.8 million for the prior fiscal year. It attributed the decrease in net income primarily to three factors: A decline in the market price per pound solids for citrus fruit this past 2019-20 harvest season largely attributable to unfavorable industry supply dynamics …

florida

Town Hall Meeting on COVID-19 and Florida Agriculture

Daniel Cooperbusiness, COVID-19, financial, Florida

Florida Agriculture Commissioner Nikki Fried and Florida Farm Bureau President John L. Hoblick held a town hall meeting on Thursday with the state’s agriculture community on pressing issues. Some of the topics of discussion included: Ensuring agriculture and all related industries are essential at the federal, state and local levels. Promoting the continued and efficient processing of H-2A worker visas. Inter- and intra-state weight waivers for …

farming

Has Farming Become a Political Whipping Boy?

Daniel CooperAgriculture, business, financial

By Gary Cooper Urban expansion is impacting agriculture throughout the Southeast. Florida appears to be the first state in this region to dramatically shift to a much more urban-thinking electorate. In light of this year’s primary elections, there are some points Florida agriculturists should be thinking about. I know many of you have been pondering some of this already, based …

International Citrus Business Conference Tackles Industry Issues

Ernie Neffbusiness

Approximately 350 members of the global citrus industry convened at the International Citrus Business Conference held this week in Daytona Beach. The event was presented by Morris Agribusiness Services and AgNet Media. Allen Morris of Morris Agribusiness Services says the conference was attended by nearly all segments of the international citrus industry. Growers, processors, brokers, byproducts and flavor companies and …