Land O'Lakes Q3 results exceed expectations

Farmer-owned cooperative reports year-to-date net earnings up 31% over 2015.

Land O’Lakes Inc. announced third-quarter financial results, reporting quarterly net earnings of $8 million on sales of $2.8 billion for the period ending Sept. 30, 2016. Year-to-date net sales totaled just under $10 billion, and net earnings were $246 million, 31% above year-to-date results for the same period in 2015.

“Despite a continued challenging environment, our core businesses exceeded expectations by delivering strong year-over-year growth and performance,” Chris Policinsk

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