Item 2.02 Results of Operations and Financial Conditions.

On August 10, 2009, the Company announced net income for the three months ended June 30, 2009 of $609 thousand or $0.08 per share, compared with net income of $5.0 million or $0.68 per share for the three months ended June 30, 2008. Net income for the nine months ended June 30, 2009 was $2.5 million or $0.34 per share, compared with $8.8 million or $1.19 per share for the nine months ended June 30, 2008.

Operating revenues were $31.2 million and $42.1 million during the three months ended June 30, 2009 and 2008, respectively and $84.8 million and $113.0 million for the nine months ended June 30, 2009 and 2008, respectively. Operations produced a profit of $2.1 million during the three months ended June 30, 2009, compared with a gross profit of $2.8 million during the three months ended June 30, 2008. For the nine months ended June 30, 2009, operations produced a loss of $400 thousand compared with a profit from operations of $6.4 million during the nine months ended June 30, 2008. The decreases in revenue and gross profits were primarily due to lower revenues and profits from agriculture operations, resulting from lower citrus prices compared with the prior year.

Steven M. Smith, President and Principal Executive Officer, noted, "While earnings from operations are down substantially from the prior year, the Company is pleased to remain profitable in these difficult economic times. We are beginning to see the effects of many of our cost savings measures come to fruition and believe that we are well positioned to move forward as an efficient organization."

Item 9.01. Financial Statements and Exhibits.

(a) Financial Statements of Businesses Acquired.

Not applicable.

(b) Pro Forma Financial Information.

Not applicable.

(c) Shell Company Transactions.

Not applicable.

(d) Exhibits.

The following exhibits are included with this Report:

Exhibit 99 (1) Press release announcing Third Quarter Earnings.

---