Limoneira Co. expects increase in volume

Limoneira Co. will see an increase in citrus volume of about 45% in 2021-22 thanks to gains in bearing acreage and grower additions, said Alex Teague, chief operating officer for the Santa Paula, Calif.-based marketer.

Agribusiness revenue increased to $46.7 million, compared with $45.4 million in the second quarter a year ago.
Agribusiness revenue increased to $46.7 million, compared with $45.4 million in the second quarter a year ago.
(Limoneira)

Limoneira Co. will see an increase in citrus volume of about 45% in 2021-22 thanks to gains in bearing acreage and grower additions, said Alex Teague, chief operating officer for the Santa Paula, Calif.-based marketer.

Specialty citrus variety volume is about 20% for Limoneira compared with a year ago, Teague said.

Limoneira is increasing its marketing budget by 18% this season, he said, noting that marketing messages will focus on health themes.

For the industry, Teague said the drought and water shortage in California have stressed fruit and increased cost by an estimated 15%, Teague said. The industry will see shorter navel and mandarin volumes overall.

Shippers hope to see logistic challenges of the past year begin to ease and normalize, Teague said.

The Packer logo (567x120)
Related Stories
Higher beef prices and grocery inflation are pushing the cost of a backyard barbecue higher in 2026.
The organization says this import program complements domestic citrus production and maintains category continuity throughout the season.
The company says it will be the first to market with Australian cara cara and navel oranges to the U.S.
Read Next
Dante Galeazzi joins “The Packer Podcast” to share why ignoring the trade pact will trigger a damaging domino effect of soaring inflation and small harvests.
Get Daily News
GET MARKET ALERTS
Get News & Markets App