Arden Hills, Minn.-Agriliance LLC reported net earnings of $14.8 million for the third quarter ending Sept. 30, 2008, on sales of $189.4 million, according to co-owner Land O’Lakes Inc. Third-quarter 2007 saw earnings of $6.3 million on sales of $586.5 million. Sales in 2008 are down because in September 2007 its crop nutrient and crop protection businesses were transferred to CHS Inc. and LOL, respectively. Agriliance now exists as a group of retailers owned by LOL and CHS. Nine-month net earnings were $22.5 million on sales of $845.7 million, compared to the year-ago $41.7 million and $3.2 billion, respectively.
Transparency Across the Fertilizer Value-Chain