WASHINGTON D.C - Reedley, CA based Dayka & Hackett LLC has posted a $250,000 surety bond in order to employ previous PACA violator Jerald Downs. Downs was once the sole officer of Market 52, a Kingsburg, CA based company which was found to have committed 'repeated and flagrant' violations of Section 2 of PACA regulations.
According to a press release, any PACA licensee wishing to hire individuals who have failed to pay a reparation award or have been subject to a USDA disciplinary action, must post a USDA-approved surety bond.
The USDA will hold the $250,000 bond for four years, providing assurance to the industry that Dayka & Hackett will be able to pay for the produce it purchases and conduct its business according to PACA rules.
In the past three years, USDA resolved approximately 4,600 claims filed under PACA involving more than $87 million. This is just one more way USDA continues to support the fruit and vegetable industry.
WASHINGTON, D.C. - The USDA has cited Forest Park, Georgia-based company La Merced Produce LLC for failure to pay $4,351,483 to 13 sellers for 391 lots of produce, according to a press release.
Consequently, La Merced Produce can no longer operate in the produce industry until June 16, 2016, at which time it may reapply for a PACA license.
The company’s principals, Alejandro Gonzalez and Hugo Gonzalez, may not be employed by or affiliated with any PACA licensee until June 16, 2015, and then only with the posting of a USDA-approved surety bond.
In the past three years, USDA resolved approximately 4,600 claims filed under PACA involving more than $87 million. Individuals, include sole proprietors, partners, members, managers, officers, directors, and major stockholders may not be employed by or affiliated with any PACA licensee without the approval of the USDA. The Agricultural Marketing Service (AMS), PACA Division, regulates fair trading practices of produce businesses operating subject to PACA.
QINGDAO, CHINA - Lantao, one of the premier fruit import companies in China, has annouced the grand opening of its newest fruit import distribution facility. This new factory located in the Qingdao region of China, will be Lanatao's 7th such factory in the country.
“Qingdao is an attractive market for us for a number of reasons” said John Wang, CEO of Lantao. “With [a] nearly 100 million population, Shandong is one of China’s most populated provinces as well as one of the most affluent. In addition, as a port city, we can import fruit from North American, South America, South Africa and Australia directly to Qingdao, reducing our transit time and cost as compared to the normal channel through South China and trucking it north.”
According to a press release, local produce officials are excited about what the new distribution facility could do to stimulate growth in the community.
“Having an established importer like Lantao will draw business to the market not only from Qingdao but from other areas in Shandong including the capital city, Jinan," said Liu Yin Xiang, President of the Qingdao International Agricultural Products Market.
Jim Provost, President of I Love Produce and close business associate of Wang, was also on site for the grand opening. He spoke excitedly over how the new facility could expand the two company's joint trade of organic vegetables, ginger, and garlic between Shandong and North America.
“Qingdao is the port and gateway for all of the produce we ship from China to North America," he said. “So, it is only fitting that we have now opened a Qingdao distribution facility that will allow us to bring premium fruit from the United Stated and the world to the people of Shandong.”
According to a press release, I Love Produce has recently made headlines itself, having donated $13,440 to a Peruvian school, the ANTONIO RAYMONDI secondary school, as part of the New Ginger Harvest Celebration.
"Because of the remoteness of the area, the school lacks many of the resources we take for granted. Our aim is to form a lasting relationship with the school so we can make a difference to their kids on a long-term basis," Provost said.
Congratulations Lantao on the grand opening!
CALIFORNIA - Retailers, get ready to promote! San Joaquin Valley grape growers are continuing to meet demand with good flavor, sugar content, and supply for the foreseeable future in spite of California’s July heatwave.
Sun World International, in particular, finished strong in Coachella with good yields and high demand for its proprietary varieties in the export market, leading to steady market pricing. For the most part, however, California’s high temperatures have had a hand in affecting harvest timing. Nevertheless, the heat has brought on more volume faster than last year.
“Weather has been a factor in accelerating the harvest and we’ve seen earlier starts in the season,” Gordon Robertson, Sun World's Executive Vice President of Sales & Marketing, tells AndNowUKnow. “The question is whether or not this trend will continue as we move into the fall pushing the late season crop harvest up, or will the harvest timing normalize.”
Sun World is currently experiencing an exceptionally strong SUPERIOR SEEDLESS® crop and expects supplies to be available through July into the first week of August with promotional volumes available through that time. Quality on MIDNIGHT BEAUTY® seedless black grapes has also been incredibly good and promotable volumes are available through September.
Anthony Stetson, Columbine Vineyards’ Sales Manager, tells us that the company’s fruit is coming through well without much heat damage and the company currently has good volume and movement. Columbine is currently starting its new proprietary green seedless Milano grapes and expects good yield and high demand. It is also opening a new cold storage facility within the oncoming weeks that should greatly enhance production.
Speaking with Nick Dulcich, Sunlight International’s Owner and Director of Sales, he says the company’s grapes are continuing to meet flavor and sugar standards with enough volume to meet demand. For Sunlight, Nick tells us that the company is expecting strong performance from its new proprietary green seedless grape variety, Green Emerald, as well as record shipments and good demand globally.
Overall, it appears that most San Joaquin Valley growers are overcoming California’s spate of high temperatures. Stay tuned to AndNowUKnow for further updates on the continuing grape season.
ORLANDO, FL - Monday proved to be a day of big news for Darden Restaurants, beginning with the finalization of the $2.1 billion sale of its Red Lobster franchise, and ending with the annoucement that longtime CEO Clarence Otis will be stepping down in the coming months.
The market reacted favorably to the release of this news, with Darden's stock rising $1.88 or 4.19% in after hours trading in the immediate wake of the news.
In a press release, Otis told investors, "I am proud to have been a part of Darden's significant growth and expansion, which has enabled us to reach new consumer segments and markets and create significant long-term shareholder value. With the Red Lobster sale complete and progress on our Olive Garden brand renaissance and other strategic priorities underway, this is the right time for me to step down."
Otis will be leaving Darden during a particularily tumultuous period in the company's history. The Red Lobster sale has drawn criticism from many investment analysts and most recently a lawsuit from the hedge fund Starboard Value. According to the Orlando Sentinel, Starboard Value has been among the most ardent critics of Darden's recent course of action, most recently claiming that Darden has been 'hiding' records related to the Red Lobster sale.
“Darden should not be allowed to hide information regarding a deal of this magnitude which has had such negative consequences for its shareholders,” read Starboard’s lawsuit.
Darden officials categorically deny these charges by Starboard, stating that "Darden has sought, through good-faith negotiations with Starboard, to address the issues raised by its demand, including the need to protect the confidentiality of Darden’s books and records. Though we have been unable to reach an agreement with Starboard thus far, we are open to continuing these discussions."
To learn more about the Darden's Red Lobster sale, check out ANUK's previous article on the topic here.
According to USA Today, Otis will remain with Darden through the end of December or until an appropriate successor is found, whichever comes first.
AndNowUKnow would like to wish Clarence the best as he embarks on this next phase in his professional life.
MCLEAN, VA – Gladstone Land Corporation continues adding to its diverse portfolio of farmland with the acquisition of 390 acres of farmland in the San Joaquin Valley and Oxnard, California for $12.7 million.
The newly acquired 322-acre farm in San Joaquin Valley is located in Arvin, California and was purchased for $5.8 million. Gladstone has assumed the in-place lease on this property, which will expire in October 2015. The company has also entered into a nine-year, follow-on-lease agreement with a new tenant, Underwood Ranches. Underwood Ranches is the exclusive grower of red jalapeño peppers for Sriracha hot sauce, according to a press release.
"We are privileged to partner with such an esteemed grower and add another large vegetable farm to our portfolio," said Bill Reiman, Managing Director for the Company. "This acquisition is our first in the southern San Joaquin Valley, an area known for its diverse agriculture. This region is home to many large agribusiness firms, and we are excited to become local landowners. There is tremendous growth potential for us in this region, and we look forward to many more opportunities. This farm has been farmed for many years and has a good water supply already in place."
For the Oxnard acquisition, the company has acquired 68 acres of strawberry farmland for $6.9 million. It signed a three-year lease that escalates annually with a major international grower, according to a press release. The property has water on site and has been farmed for row crop fruits and vegetables.
"We are very excited to add such a premium, high-value strawberry farm to our portfolio. Opportunities to acquire properties like this one are very rare, especially with such a large and reputable tenant that has been farming the ground for years. The value and income growth potential of this farm is unique in the industry, and we believe we will benefit from this acquisition for many years to come. This transaction falls in line with others that we have done with this tenant, a global leader in the berry business. This is another example of a strategic partnership working to achieve our respective goals," said Bill Reiman, Managing Director for the Company.
In a press release, Gladstone Chairman David Gladstone says that the company still has a large backlog of farms it is seeking to acquire and hopes to acquire more as the summer continues. Click on the following links to read our previous article on Gladstone land acquisitions in Florida and Watsonville, CA.
Gladstone Land invests in farmland located in major agricultural markets in the United States that it leases to corporate and independent farmers and currently owns 6,829 acres on 28 farms in 5 different states across the U.S.
WOODBRIDGE, ON - As we make our way into the second half of 2014, Rally Logistics, Inc. is expanding its footprint in the 3rd Party Logistics market. Headquartered in Toronto, the company recently evolved its operations by becoming an asset-based transporter.
Joe Rubini, Co-Founder and President, states, “Venturing into the world of assets seemed both a necessary and organic step. A growing number of clients had asked us to quote seasonal pricing; unfortunately, when dealing with equipment owned by other parties, different variables affect pricing, some of which are out of our control. As an asset-based carrier now with predominately fixed overhead costs, we can effectively give a fixed rate. It gives our clients one more reason to deal with us."
So what’s the plan for this evolving 3PL company? “The plan is to continue building and take this company to the next level with the leadership of my partner, John Corsetti, and myself. We’ve been very fortunate to have aligned ourselves with people in many parts of Canada and the United States. Whether it be opening other branch operations through hiring, partnering or acquiring, we are always looking outside of our own four walls to enhance and improve our business model."
Currently, Rally’s North American shipping reach extends from Newfoundland to British Columbia, from Florida to Southern California, and everything in between. Canada-to-Mexico routes have yet to be strategized, but the task is on the horizon.
“Transportation brokers are an integral part of any company that buys f.o.b. or sells delivered, even more so in the produce business. It is incredibly valuable to have a balance between both asset-based and third-party logistics providers handling your transportation requirements. See a need, fill a need,” Joe reflects.
Congratulations on the continuing growth for Rally Logistics!
SONOMA, CA – California Central Valley Growers are currently reporting strong growing conditions for pomegranates.
“A consistently warm summer has moved our traditional start date forward by about a week. We are seeing high color in the Granada’s, with a normal range of sizes. Our Foothills will follow by about a week,” said Ralph Melendez, Field Operations Manager for Slaydeco, Inc. Ralph predicts Slaydeco’s Granada’s to start shipping by the end of the last week of July, according to a press release.
Jeff Simonian of Simonian Fruit Company also sees that early season varieties are running a week early. In terms of how the drought might impact overall size and quality of the crop, he says, “It appears that sufficient water is being diverted from annual crops to ensure a normal pomegranate harvest in terms of total volume, range of fruit sizes, sugar and color.”
PomWonderful’s Tom Rouse says that the company’s Field Managers are also projecting an early start date. “If Mother Nature continues to cooperate, we’ll start shipping a full-range of Wonderful sizes starting in the last week of September or early in the first week of October. At that point we’ll also be refilling the pipeline with fresh-pack arils. We encourage retailers to contact us to find out more about our full-line of market-proven sales aids. Pomegranates are a high impulse purchase item and they sell best when merchandised in a high-traffic location in the store,” he added.
Tom Tjerandsen, the Manager of the Sonoma based Pomegranate Council, says that pomegranates continue to increase at an average of 20% per year, with total shipments expected to exceed six million 25 pound equivalent boxes, according to a press release.
Stay tuned to AndNowUKnow for more updates as this season progresses.
The industry is mourning the loss of Timothy Wayne Warren, a well-known and respected salesman for Great West Produce Company. He passed away July 15th at the age of 55 in Corona, California as a result of heart complications.
Timothy will be remembered for being a kind, compassionate, and generous man who had a natural ability for befriending his clients and colleagues. His love, devotion, and passion were most evident in his commitment to his family, friends, and especially his three sons. Friends, both personal and professional, will greatly miss him.
He is survived by his parents Wayne and Elaine Warren, as well as his sons Jonathan, Ryan, and Logan Warren. He is also survived by his sister Cindy and brother-in-law Rob Trantow, along with several nieces and nephews.
Cindy and Rob Trantow will hold a memorial celebration for Timothy on Saturday, August 2nd, at their home, located at 4479 Cabot Drive, Corona, CA 92883. A short service will be held at 1:00pm followed by an open house until 4:00pm.
Timothy was devoted to assisting his son Logan with his college tuition. In lieu of flowers, the family asks that you consider a donation to their memorial collage trust. You may make checks out to Fidelity Advisor 529 Plan (fbo Warren). Mail To: Attn: Mike Hughes/J.W. Cole Financial 29982 Ivy Glenn Drive, Ste. 204, Laguna Niguel, CA 92677.
AndNowUKnow would like to offer its deepest condolences to Timothy’s family and friends.
PLEASANTON, CA - Safeway stockholders finally had the chance to vote on the company's proposed merger with Albertsons this past Friday at Safeway's 2014 Annual Meeting of Stockholders. The results were overwhelmingly in favor of the merger. According to a press release, 70% of the outstanding shares and 96% of the shares voted FOR the merger.
In addition, 96% approved a non-binding advisory proposal to approve the merger-related compensation for specified executive officers and 90% voted in favor of “adjournment of the Annual Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Annual Meeting to approve and adopt the Merger Agreement.”
Other issues voted on by stockholders at the meeting were:
- The Advisory Vote on Executive Compensation: 99% FOR
- GMO Labeling: 90% AGAINST
- Extended Producer Responsibility: 88% AGAINST
According to a press release, stockholders also elected the company's nine execetuive directiors and tapped Deloitte & Touche LLP to be Safeway's independent registered accounting firm for the 2014 fiscal year during the meeting.