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Monsanto profit beats view, corn seed sales jump
Reuters – Global agribusiness group Monsanto Co (MON.N) posted higher-than-expected quarterly profit on Wednesday as net revenue grew 17 percent on gains in sales of seeds and genetic traits and surprising strength in herbicides. Shares rose more than 4 percent after the company said it saw ongoing strong growth momentum and reported sales of corn seed and genetic traits jumped 35 percent in the third quarter. Read article
Tags: food agriculture, genes biotech, nature of corporations
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