May 7, 2018 Author: Murray Wise Associates
If you’re anything like us, as you’ve grown older, you’ve tried to eat a little healthier. You may have replaced some unhealthy snacks with nuts or a piece of fruit.
The 3 p.m. Twinkie has become the 3 p.m. mandarin orange or a handful of walnuts, almonds or pistachios. We know we’re not alone in this. With new high-dollar ad campaigns by brands such as Wonderful Halos, Sun Pacific’s Cuties and the California Walnut Board – plus more focus on a healthy diet – Americans are eating more and more crops grown in California’s Central Valley.
With the increased demand for these products, there has been an increase in supply trying to meet that demand. For example, in the last 10 years, walnut-bearing acreage in California has increased by 70,000 acres, and mandarin orange-bearing acreage has more than doubled.
Almonds and pistachios have also seen large increases in production. The California almond crop regularly tops 2 billion pounds annually, and the pistachio crop has grown to over 700 million pounds annually, up from around 300 million pounds just 10 years ago.
Don’t bet on the growth of these industries slowing anytime soon, with well-heeled marketing campaigns in place, a health food trend that continues to boom, and the popular opinion that these are some of the tastiest products in the world.
If we’ve learned anything from these numbers, it’s that there are a lot more people like us snacking on the fruits and nuts of California’s Central Valley – or as we like to call it, our afternoon California Snack Pack.
Murray Wise founded the Westchester Group in 1986 after acquiring the Champaign, IL division of the Sandage Companies, a traditional farm management and brokerage firm…
Read More »
"For farmers, bankruptcy isn’t always the end – sometimes it’s a new beginning." https://bit.ly/2HRJuA1
For more articles like this, subscribe to our Wise Ag Update newsletter today: http://www.murraywiseassociates.com/About-Us/Newsletter …
#TBT to 5 years ago this week & the East Coast Brokers & Packers auctions in Florida and Virginia in which we sold over 10,000 acres of tomato producing farmland, storage and packing facilities, and equipment in partnership with @CrosbyAssocs @weeksauction and @WoltzRealEstate pic.twitter.com/aHYeZUgM1u
**REMINDER** - Meigs County, OH Open House tomorrow - Thursday, August 16th from 4pm-6pm EST at the Salem Township Fire Station #6 in Langsville, OH. 423 acres in 17 tracts PLUS a hunting lease up for auction! For more information, visit: http://www.murraywiseassociates.com/farmland-real-estate/auction/ItemId/127/Ohio/Meigs-County?utm_source=Email+Database&utm_campaign=1f40bb535c-AEP+-+Morgan_COPY_01&utm_medium=email&utm_term=0_d05924d421-1f40bb535c-216036305 … pic.twitter.com/3LCkBgbJis
Brooke Didier Starks with Meyer Capel says, "Plans that irrevocably lock farmland in arrangements for extensive years eventually run the risk of resulting in unrealistic outcomes."
Read 4 other tips here! http://www.murraywiseassociates.com/Blog/farm-succession-planning-5-thoughts …
Murray Wise Associates LLC
1605 South State Street, Suite 110
Champaign, IL 61820
800.607.6888 (Toll free)
Real Estate and Farm Management
Murray Wise Capital
Request more information