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Monsanto Earnings Fall 34 Percent on Lower Corn Seed Sales

2015-01-07 16:38:14| Chemicals - Topix.net

Monsanto said Wednesday that its earnings fell 34 percent in its first fiscal quarter as South American farmers cut back on planting corn, reducing demand for the company's biotech-enhanced seeds. U.S. farmers harvested record crops of soybeans and corn last year, sending prices on those food staples to their lowest levels in years.

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Category:Chemicals

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