2012 Annual Report

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    Building Momentum

    The theme of the 2012 Annual Report—Building Momentum—reflects the accelerating financial performance and strategic growth that is moving Land O’Lakes to new levels as a leader in agribusiness and food production.

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    Financials

    Overall, Land O’Lakes’ results were positively impacted by the continuing implementation of strategies focused on consolidating and strengthening our business platform, reducing costs and driving growth.

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    Members

    Whether providing value-added products, access to markets, agricultural expertise and insights, legislative advocacy or philanthropic outreach, Land O’Lakes members continued to benefit from collaborative partnerships with their cooperative.

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    Customers

    Continuing to leverage its strong brands, industry-leading research and development capabilities and agronomic expertise, Land O’Lakes is well positioned to be a trusted, total solutions partner to its customers both internationally and domestically—partnerships that will help fuel Land O’Lakes’ continued growth.

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    Employees

    From the farm to the corporate office, Land O’Lakes has created an environment filled with opportunity for employees who benefit from the company’s size and market presence, as well as the rich heritage of progress and innovation.

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    Social Responsibility

    Land O’Lakes believes that good corporate citizenship matters and puts that belief into practice by building meaningful, shared value in local and global communities in an ethical, responsible and sustainable manner.

A Message From Our President and CEO Christopher J. Policinski

Building Momentum

Land O’Lakes, Inc. is a growing, farmer-owned food and agriculture cooperative that does business in all 50 states and in more than 60 countries. Today, Land O’Lakes is the second largest U.S. cooperative with approximately 9,600 employees, nearly 4,000 direct producer-members and 900 member-cooperatives serving more than 300,000 agricultural producers. Land O’Lakes, Inc. has annual sales of over $14 billion and is No. 210 on the Fortune 500.