BUSINESS SEGMENT DATA

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 5 BUSINESS SEGMENT DATA

The Company’s operations are conducted through two business segments. These segments, and the primary operations of each, are as follows:

Business Segment	Operation
Fruit	Production of candied fruit, a basic fruitcake ingredient, sold to manufacturing bakers, institutional users, and retailers for use in home baking.  Also, based on market conditions, the processing of frozen strawberry products, for sale to commercial and institutional users such as preservers, dairies, drink manufacturers, etc.
Molded Plastics	Production of plastics containers and other molded plastics for sale to various food processors and others.

	Three months ended		Three months ended
	September 30,		September 30,
	2018		2017
Net Sales in Each Segment
Fruit:
Sales to Unaffiliated Customers	$	7,412,734	$	6,605,247
Molded Plastics:
Sales to Unaffiliated Customers		1,260,826		1,038,883
Net Sales	$	8,673,560	$	7,644,130

	Nine months ended		Nine months ended
	September 30,		September 30,
	2018		2017
Net Sales in Each Segment
Fruit:
Sales to Unaffiliated Customers	$	8,232,025	$	7,881,622
Molded Plastics:
Sales to Unaffiliated Customers		4,090,910		3,562,557
Net Sales	$	12,322,935	$	11,444,179

The Company does not prepare operating profit or loss information on a segment basis for internal use, until the end of each year. Due to the seasonal nature of the fruit segment, management believes that it is not practical to prepare this information for interim reporting purposes. Therefore, reporting is not required by accounting principles generally accepted in the United States of America.

	September 30,		September 30,
	2018		2017
Identifiable Assets of Each Segment are Listed Below:
Fruit	$	18,350,947	$	17,733,521
Molded Plastics		4,208,436		4,020,398
Identifiable Assets		22,559,383		21,753,919
General Corporate Assets		2,523,959		3,196,023
Total Assets	$	25,083,342	$	24,949,942

Identifiable assets by segment are those assets that are principally used in the operations of each segment. General corporate assets are principally cash, prepaid expenses, other current assets, land and income tax assets.