Sun-Maid Growers of California reported net sales of $384 million during its 103rd annual meeting on Saturday.
President Barry Kriebel said that while the industry’s grape acreage has declined significantly over the past 10 years, the volume of raisins produced has remained stable. Kriebel said this year’s estimated production of 326,000 tons is close to the 25-year average.
Sun-Maid Chairman Jeff Jue said he is optimistic about the future of the industry.
“We have good market demand as California raisins align well with current and future trends for a natural and healthy food product,” Jue said.
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Saturday’s meeting was held at the Fresno Convention Center’s Saroyan Theater and attended by about 1,000 farmers, family members and guests.