May 13/St. Paul, Minn./PR-USA.net -- Land O'Lakes Inc. reported strong first-quarter results, with net sales up 13% and record-high first-quarter net earnings of $101 million. Land O'Lakes also reported the company's recent upgrade to Investment Grade status by Moody's Investors Service.
Company officials said this strong performance was driven by a combination of factors, including improved agricultural markets, the strength of the Land O'Lakes brands, impressive results from innovative new products, and strategic actions that are making Land O'Lakes more competitive and profitable.