January 2021, Volume 27, Number 1
County agriculture commissioners released 2019 farm sales data in Fall 2020. Fresno county had farm sales of $7.7 billion, including $1.6 billion worth of almonds, $960 million worth of grapes, and $660 million worth of pistachios. Almonds are California’s most valuable crop, with the three billion pounds produced in 2020 worth $7 billion. The US produces 80 percent of the world’s almonds.
Bakersfield-based Grimmway Farms, one of the state’s largest vegetable growers with a peak 9,000 employees, was sold to Teays River Investments LLC of Zionville, Indiana in December 2020. Grimmway’s major rival in the carrot business is Bolthouse Farms, which is owned by a Los Angeles-based private equity firm. Grimmway farms in Arizona, California, Colorado, Florida, Georgia, Oregon and Washington, and expects to expand closer to its East Coast customers.