Arden Hills, Minn. — Land O’Lakes Inc. said last week that its WinField Crop Input unit is on track for a record year in 2012. Crop Inputs were a major factor in LOL’s company-wide positive net earnings for the nine months ending Sept. 30, 2012, which were $150.1 million on sales of $10.43 billion, up from the year-ago $139.2 million on sales of $9.7 billion. LOL said it is well-positioned for a solid year-end performance in 2012. Third-quarter net earnings were also up at $18.1 million on sales of $2.96 billion, compared to a year-ago loss of $29.6 million on sales of $2.77 billion. The Dairy Foods segment saw significant improvement during the quarter, while the Feed unit saw sharply higher earnings.
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