Inver Grove Heights, Minn.-Agriliance LLC reported a net loss of $27.4 million on sales of $497.5 million for the quarter ending Feb. 28, 2007, versus a year-ago loss of $16.9 million on sales of $497.5 million. The decrease was attributed to crop protection margins. Retail operation margins showed slight improvements, and crop nutrient volumes were up 10 percent. The company has a six-month loss of $58.8 million on sales of $1.17 billion, versus the year-ago loss of $32.6 million on sales of $1.19 billion. On an annual basis for the year ending Dec. 31, 2006, Agriliance was still in the plus column, with net earnings of $23.2 million, down from 2005’s $71.0 million.
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