Message #31 From:
NewsBot Date: January 7, 2008 12:30:46 PM
US Farms, Inc. Expects Excellent Winter Harvest of Asparagus
US Farms, Inc. (OTCBB: USFI) is pleased to
announce the company is currently harvesting its annual winter Asparagus
crop.
Seventy to Eighty percent of the United States domestic supply of fresh
Asparagus is grown in California. Statewide, the harvest season is from
January 15 to June 30. Each year "Winter" Asparagus is harvested in the
Imperial Valley, CA by US Farms, Inc. which currently grows 140 acres of
Asparagus. The harvest moves north as the weather warms in the spring.
Asparagus fields are harvested by hand every 1 to 3 days depending on how
quickly marketable sized spears are emerging, a function of soil and air
temperature.
Darin Pines, Chief Operating Officer of US Farms, Inc., stated, "US Farms,
Inc. is one of the only domestic growers currently harvesting Asparagus at
this time of the year, making it a great market time for us. We had a very
good harvest in 2007 and I am looking forward to our 2008 harvest and the
sales results that we will achieve this growing season."
US Farms, Inc. President Yan K. Skwara stated, "We are very pleased thus
far with our Asparagus growing and cutting conditions in the fields. This
year's first quarter is a bit different from last year's first quarter in
that sales of Tomato and Garlic are included in this year's numbers. Last
year first quarter sales generated approximately $1.7 Million in sales
including only Asparagus and Aloe Vera. The Company anticipates exceeding
last year's sales figures for the first quarter."
US Farms, Inc. is a diversified commercial Farming and Nursery company. The
company grows, markets and distributes horticultural products through a
number of wholly owned subsidiaries. The horticultural products are sold
through supermarkets, home centers, retail merchandisers, garden centers,
re-wholesalers, and landscapers throughout the United States and Canada.
Through internal growth and strategic acquisitions the company is expanding
its market share in its nursery and specialty produce businesses. Currently
the company has subsidiaries which provide a full range of products
including Aloe Vera, Cactus, Succulents, Jade, Rare and Exotic Palm Trees
and Cycads along with Produce products that include Aloe Vera, Asparagus,
Tomatoes and Garlic.
Forward-looking statement: Except for historical information, this press
release contains forward-looking statements, which reflect the Company's
current expectation regarding future events. These forward-looking
statements involve risks and uncertainties, which may cause actual results
to differ materially from those statements. Those risks and uncertainties
include, but are not limited to, changing market conditions and other risks
detailed from time to time in the Company's ongoing quarterly filings,
annual information form, and annual reports. We undertake no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. In light of these
risks, uncertainties and assumptions, the forward-looking events in this
press release might not occur.
Contact: US Farms, Inc.
Tel: 858-488-7775 Ext 101
or 800-845-9133
Fax: 858-488-2828
