Monsanto lowers 2016 financial forecast

Macroenvironment proving to be even more challenging than Monsanto expected.

Monsanto Co. this week released an adjusted 2016 financial outlook, citing challenging economic headwinds.

“Today, the macroenvironment is proving to be even more challenging, yet we still see strong long-term growth opportunities for our business,” said Pierre Courduroux, senior vice president and chief financial officer. “Monsanto’s business fundamentals remain solid, and we are positioned well to continue to deliver best-in-class innovations within the industry’s leading integra

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