Land O’Lakes

Land O’Lakes is one of the many companies accused of profiting off of the pandemic and blaming it on inflation. In a recent article, the company is shown to have a 48.1 percent net income margin increase from 2019-to 2021. 

Land O’Lakes profits grew 11% in 2021 as dairy demand remained high even as the cooperative coped with higher costs and logistics challenges.

At the close of Q1, Land O’Lakes, Inc. reported net sales totaling $5 billion with net earnings of $179 million for the first quarter ending March 31, 2022, compared to net sales of $3.9 billion and net earnings of $136 million in first-quarter 2021.