ARDEN HILLS, Minn., Feb. 23, 2012 -- Land O'Lakes Inc. reported 2011 net sales of $12.8 billion, a record, up from $11.1 billion in 2010. The sales, up 15%, were the result of record revenues in the company Dairy Foods, Feed and Crop Inputs businesses. Net earnings of $182 million were the second-highest in Land O'Lakes' history, up from 2010's $178 million.