Calavo Growers Net Worth is$557 M Sales
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The California Avocado Commission is an agricultural marketing organization and trade association serving avocado producers in the American state of California.
Avocados, native to Central and South America, have long been produced in California. California produces 90 percent of fresh avocados consumed in the United States (frozen and processed avocados are imported regularly from other countries). As of 2008, approximately 6,500 growers produce avocados on 60,000 bearing acres of land (less than 100 square miles). Price and production levels vary from season to season, and from year to year, due to weather and incidents such as fires. In a typical year production averages 350 million pounds at a wholesale price of $1 per pound, although 2008 was an exceptionally low yield year. Most avocados are grown from San Luis Obispo south, with San Diego County the largest producer.
The California Avocado Commission's predecessor organization, the California Avocado Advisory Board, was organized in 1961 out of dissatisfaction by individual growers with the success of the state's largest agricultural cooperative, Calavo, Inc., to secure stable prices for avocados. New laws were passed allowing growers to form an association that would obtain a compulsory contribution from businesses directly involved in the avocado industry, and use the money to advertise and promote avocados to consumers throughout America. The Board assumed this marketing responsibility from Calavo, which continued to manage distribution and relations with retailers for the 60% of growers who remained in the co-op.
The newly organized Board began marketing avocados to American housewives, attempting to downplay the fruit's Mexican origin in favor of an exotic tropical or Mediterranean image, as well as its suitability for mass-produced processed food. The Board also attempted to counter the avocado's reputation as being unhealthy and fattening, a marketing effort that has continued sporadically thr

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Calavo Growers Latest News

Southern California wildfires burn up 'several hundred acres' of avocado groves

But there doesn't appear to have been much direct or indirect damage to the orchards themselves." Another Ventura County agribusiness, Calavo Growers, was down about 6 percent this week. The fires were near some of the company's groves but it was still ...
Posted: December 8, 2017, 3:07 pm

Can Calavo Growers Be a Growth Stock?

Avocados are considered a superfood because they're a good source of healthy fats, loaded with dietary fiber, and have catalyzed market-beating returns for Calavo Growers (NASDAQ: CVGW) stock. When dividends are included, shares have returned 205% in the ...
Posted: October 22, 2017, 12:04 am

Calavo Growers, Inc. (CVGW) Analysts See $0.41 EPS; State Street Boosted Its Mylan Nv (MYL) Stake

State Street Corp increased Mylan Nv (MYL) stake by 1.6% reported in 2017Q2 SEC filing. State Street Corp acquired 321,977 shares as Mylan Nv (MYL)’s stock declined 9.77%. The State Street Corp holds 20.50 million shares with $795.75 million value, up ...
Posted: December 2, 2017, 2:52 am
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