Inver Grove Heights, Minn.-Agriliance LLC reported net income of $108.0 million on sales of $1.83 billion for the third quarter ending May 31, 2007, versus the year-ago $59.6 million and $1.59 billion, respectively. Nine-month net income was $49.2 million on sales of $3 billion, up from the year-ago $27.0 million and $2.78 billion, respectively. CHS Inc., Agriliance co-owner, reported the earnings in SEC filings and said Agriliance saw improved crop nutrient margins on both a wholesale and retail basis during the third quarter, as well as an 11 percent net increase in nutrient volumes. CHS said its investment in a Canadian agronomy joint venture contributed reduced earnings of $400,000.
Transparency Across the Fertilizer Value-Chain