UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 16, 2005
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LAND O'LAKES, INC.
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(Exact name of registrant as specified in its charter)
MINNESOTA 333-84486 41-0365145
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
4001 LEXINGTON AVENUE NORTH
ARDEN HILLS, MINNESOTA 55126
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (651) 481-2222
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17
CFR 240.14a-12(b)).
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 OTHER EVENTS
Land O'Lakes, Inc. has an equity interest in CF Industries, Inc., a
domestic fertilizer manufacturer. As announced on May 16, 2005, CF Industries
Holdings, Inc. (the holding company for CF Industries, Inc.) filed a
registration statement with the Securities and Exchange Commission with respect
to an initial public offering of its common stock. If the offering is
consummated, our ownership in CF Industries would be substantially reduced in
exchange for cash. At this time, we cannot provide an estimate of the amount of
proceeds we would receive or comment on our probable use of such proceeds, nor
can we assure you that the offering will be completed. However, it remains our
general intent to reduce our debt balances when it is feasible and economical to
do so.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
LAND O'LAKES, INC.
Date: May 16, 2005 /s/ Dan Knutson
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Daniel Knutson
Senior Vice President
and Chief Financial Officer