Fast-growing asparagus once flourished on California farms. Why is it disappearing? [Los Angeles Times (CA)]
Sprouts Farmers Market, Inc. (SFM)
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Source: Los Angeles Times
The workers walked along the furrows, cutting the newly sprouted spears at precisely nine inches, a market standard. Later that morning, farmer Aaron Barcellos surveyed the land peppered with the perennial that for many announces the arrival of spring. He is one of the last asparagus producers standing in California, a fourth-generation farmer who co-owns A-Bar Ag Enterprises in Firebaugh. The 59-year-old picked a firm stalk from the ground. He pointed to its tightly braided tips and beefy stem. “This is beautiful ‘grass,'” Barcellos said, a nickname growers often use for asparagus, although it's not considered a true grass. “Every spear of asparagus you see in the store is hand cut by an individual,” he said, referring to his own 120 workers. The labor required to harvest the crop is partly why Barcellos fears for the future of asparagus. Once considered the king of vegetables in California agriculture and a seasonal delicacy exported worldwide, asparagus is on the decline
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SFM
Earnings
- 5/1/24 - Beat
SFM
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 144
- 5/8/24 - Form 4
- SFM's page on the SEC website