(Reuters) - Monsanto reported fiscal third-quarter profit of $1.03 a share on an as-reported basis, compared with 60 cents a share a year earlier. Analysts on average were looking for $1 a share, according to Reuters Knowledge.
St. Louis-based Monsanto has been benefiting from increased farmer interest in planting corn this spring. Corn demand has surged amid a rally in corn prices and strong demand from the ethanol, food and livestock feed sectors.
Read more at Reuters.com Business News
St. Louis-based Monsanto has been benefiting from increased farmer interest in planting corn this spring. Corn demand has surged amid a rally in corn prices and strong demand from the ethanol, food and livestock feed sectors.
Read more at Reuters.com Business News
No comments:
Post a Comment