Monsanto posts record Q2, sales jump 15 pct
(Reuters) – Global agribusiness company Monsanto Co posted a higher-than-expected quarterly profit on Wednesday, and said early planting in the United States and a 15 percent jump in sales would boost its full-year outlook. “We’ve seen contributions from growth across crops and geographies, which position us well to deliver high-teens ongoing earnings growth this year,” Monsanto Chairman Hugh Grant said in a statement. Monsanto, which is the world’s largest seed company, said it set a record for its seeds and genomics unit, driving net income for the second quarter to $1. . . .
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