Monsanto posts Q1 decline

Monsanto posts Q1 decline

Monsanto says decreased number of planted corn acres in South America contributed to decrease in sales, profit.

MONSANTO Co. reported that its net sales of $2.9 billion and gross profit of $1.4 billion for the first quarter of fiscal 2015 both decreased from the prior year's first quarter (Table).

The decline in gross profit in the quarter was due largely to lower planted acre

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