Chiquita Brands Banana Prices Increase and Monsanto Declares Regular Dividend

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City of Industry, CA --(www.USEquityNews.com)-- 12/13/2007 - Farm Products industry alert provided by U.S. Equity News. Fruit and salad distributor Chiquita Brands International Inc. (NYSE: CQB) said recently banana prices in all markets increased year-over-year in October and November. In North America, banana pricing rose 8 percent, while volume rose 1 percent. In Europe, prices increased 8 percent on a local currency basis and 22 percent on a U.S. dollar basis.


DuPont (NYSE: DD) has appointed Phuong Tram Chief Information Officer (CIO), effective Jan. 1, 2008. Tram is currently vice president - DuPont Information Technology (IT) Integrated Service Delivery. Tram, 53, succeeds Robert R. Ridout, 61, who has elected to retire Dec. 31 after 39 years of service with DuPont. Tram joined DuPont in 1990 and served in a variety of business and functional management positions in Australia and Singapore.

Monsanto Co. (NYSE: MON) announced a regular quarterly dividend of 17.5 cents per share. The seed company will pay the dividend Jan. 25 to shareholders of record Jan. 4. Monsanto Company, together with its subsidiaries, provides agricultural products for farmers principally in the United States.

US Farms, Inc. (OTCBB: USFI), a diversified commercial Farming and Nursery company, recently announced financial results for the third quarter ending September 30, 2007. US Farms, Inc. posted revenue of $2,726,294 for the quarter ended September 30, 2007 versus $214,509 for the same period last year. This increase was due mainly the result of revenues generated through the California Produce Exchange business segment.

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