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Fresh Del Monte Prices Public Offering and ADM Senior VP Sells Shares

City of Industry, CA --(www.USEquityNews.com)-- 11/08/2007 - Farm Products industry alert provided by U.S. Equity News. Fresh Del Monte Produce (NYSE: FDP) has priced a public offering of 10 million ordinary shares at $28.97 a share. The offering, resized from an initial 12 million, includes 4 million shares being sold by the company and 6 million shares being sold by principal stockholder IAT Group. Both companies granted the underwriters an option to buy up to a combined 1.5 million additional ordinary shares to cover any overallotments.

Monsanto Co. (NYSE: MON) plans to invest $230 million to expand its Iowa seed corn operations over the next two years. The St. Louis-based company will improve existing DeKalb corn seed production sites in Boone and Grinnell and build a new corn seed production plant in northeast Iowa. Monsanto also is completing an expansion at its research facility in Ankeny.

The senior vice president of agricultural processor Archer Daniels Midland Co. (NYSE: ADM) exercised options for 8,980 shares of common stock, according to a Securities and Exchange Commission filing. In a Form 4 filed with the SEC, Lewis W. Batchelder reported he exercised options for the shares recently for $13.65 to $11.30 apiece and then sold 13,088 shares the same day for $37 apiece. Insiders file Form 4s with the SEC to report transactions in their companies' shares.

Yan K. Skwara, Chief Executive Officer of US Farms, Inc. (OTCBB: USFI) (www.usfarmsinc.com), will be featured in an exclusive interview with www.wallst.net scheduled for Nov 5, 2007 at 1:00 p.m. PT. The interview will be posted on www.wallst.net shortly after the interview is concluded. The interview will cover topics including US Farms' market potential, growth initiatives, competitive edge, recent news, and milestones for which investors should watch.

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