date:Jun 28, 2012
The world's largest seed company, which last month raised its earnings forecast for the quarter and the full fiscal year, reported growth in both of its top seed businesses: corn and soybeans. Net sales jumped 35% for corn seeds and traits and 15% for soybean seeds and traits.
The jump in corn-seed sales followed a busy spring in which farmers, encouraged by high grain prices, planted the most corn acres since 1937, according to government estimates. Monsanto Chief Executive Hugh Grant also said