SOURCE: US Farms, Inc.

January 07, 2008 08:15 ET

US Farms, Inc. Expects Excellent Winter Harvest of Asparagus

SAN DIEGO, CA--(Marketwire - January 7, 2008) - 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."

About US Farms, Inc.

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.

For more information on US Farms, Inc., please visit US Farms, Inc. is publicly traded on the over-the-counter market under the ticker symbol USFI.

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Safe Harbor

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 Information

  • Contact:
    US Farms, Inc.
    Tel: 858-488-7775 Ext 101
    or 800-845-9133
    Fax: 858-488-2828