Farmer-owned cooperative Land O'Lakes, Inc., Arden Hills, Minn., and The Maschhoffs, Inc., Carlyle, Ill., have completed the transaction to sell substantially all of Land O'Lakes' swine production assets to Maschhoff West LLC. Terms of the agreement were not disclosed.

Land O'Lakes announced Feb. 15, 2005, that the Maschhoffs had signed an agreement to purchase its swine assets. The transaction involves approximately 60,000 sows, associated inventory, related market hog production, and contract production facilities in Oklahoma, Missouri, Iowa and Illinois, along with swine production facilities in Oklahoma.

The Maschhoffs, Inc., is a pork production management company headquartered in Carlyle, Ill. As a family-owned business, they have more than 100 years of experience in pork production. They currently manage over 50,000 sows and associated market hog production in Illinois, Indiana and Iowa. The company focuses on creating environmentally and economically sustainable pork production systems by networking with more than 150 other independent farm operations.

Source: Company Release