New DuPont(TM) Enlite(TM) and Envive(TM) Soybean Herbicides Offer Answers to Changing Weed Control Needs and Agrium Prices Common Share Offering

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City of Industry, CA --(www.USEquityNews.com)-- 12/14/2007 - Farm Products industry alert provided by U.S. Equity News. DuPont (NYSE: DD) Crop Protection has received federal registration approval from the U.S. Environmental Protection Agency for two soybean pre-emergence herbicides designed to provide growers with a better tool for managing weed resistance. The new products, DuPont(TM) Enlite(TM) and Envive(TM) herbicides, feature two modes of action that will provide growers with longer lasting, more consistent early season control of weeds that have developed tolerance and/or resistance to glyphosate and ALS chemistries. According to Collins, the new herbicides showcase the power that can be harnessed by proprietary homogenous blend technology from DuPont, which enables rapid development of new herbicides with multiple active ingredients for improved resistance management.


The president and chief executive of food distributor Andersons Inc. (NASDAQ: ANDE) sold 2,500 shares of common stock under a prearranged trading plan, according to a recent Securities and Exchange Commission filing. In a Form 4 filed with the SEC, Michael J. Anderson reported he sold the shares Wednesday for $41.69 apiece. The stock sale was conducted under a prearranged 10b5-1 trading plan which allows company insiders to set up a program in advance for such transactions and proceed even if they come into possession of material nonpublic information.

Agrium Inc. (NYSE: AGU) announced that it has entered into an agreement to issue 21,551,700 common shares at a price of $58.00 per share representing gross proceeds of approximately $1.25-billion through a syndicate of underwriters, with RBC Capital Markets acting as lead manager and bookrunner, Merrill Lynch & Co., Scotia Capital Inc. and UBS Securities Canada Inc. acting as co-lead managers, and including BMO Nesbitt Burns Inc., Credit Suisse Securities (Canada), Inc., National Bank Financial Inc., CIBC World Markets Inc. and TD Securities Inc. Agrium has granted the underwriters an option exercisable in whole or in part for a period of 30 days after closing of the offering to purchase up to an additional 2,155,100 common shares at a price of $58.00 per share to cover over-allotments, if any.

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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