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Monday, 08/14/2017 2:18:10 PM

Monday, August 14, 2017 2:18:10 PM

Post# of 5625
PGUS NEWS OUT

QUOTE OF THE DAY RIGHT HERE:

"Contel has negotiated a supplement to the earlier agreement with the buyer, Agricola Consuelo, originally valued at $1.M+, in order to take advantage of the current, higher market price for the peppers. As a result, some of the crop will be going to other buyers, one being a large wholesaler with both exports to the US as well as with large distribution within Mexico."
Additional areas of the Arenoso land are being prepared to varying degrees for the next year and, with revenues now flowing from the chili pepper harvest, possibilities are being considered for a winter crop on some of the land to follow after the chili pepper harvest.




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