FARM BUSINESS NEWS
Monsanto Outlook Raised by Corn
Wed Apr 3, 2013 03:49 PM CDT

(Dow Jones) -- Monsanto Co. Wednesday cautioned cool spring weather would likely leave U.S. farmers with a shorter window to plant corn this year, though strong early seed sales helped the company boost its full-year profit guidance.

Corn accounts for three-quarters of Monsanto's seed sales and the company is engaged in a fierce market share battle buoyed by a U.S. government forecast last week that farmers would plant the largest crop in more than 75 years.

"We'll feel better when we get some seed in the ground," said Monsanto Chief Executive Hugh Grant on a call after the world's largest ...

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