NEWS
Monsanto Fiscal 3Q Profit Slips 3%
Wed Jun 26, 2013 10:56 AM CDT

(Dow Jones) -- Monsanto Co.'s fiscal third-quarter profit slipped 3% as the world's largest seed company saw weaker seed sales and higher input costs, though adjusted earnings climbed above expectations.

For the quarter ended May 31, Monsanto reported a profit of $909 million, or $1.68 a share, compared with a year-earlier profit of $937 million, or $1.74 a share. Excluding one-time items, per-share earnings rose to $1.66 from $1.63 a year earlier. The company in May had forecast a profit of $1.55 to $1.60 a share.

Last month, Monsanto had said its third-quarter results would likely reflect the continued effect ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Monsanto-Syngenta Merger
BASF Would Build Up Seed Ops
Cover Crops in Demand