Source: Matthew Perrone, ASSOCIATED PRESS, WRAL, 1/7/15 Monsanto said Wednesday that its
earnings fell 34 percent in the first fiscal quarter as South American
farmers cut back on planting corn, reducing demand for the company's
biotech-enhanced seeds.
U.S. farmers harvested record crops of soybeans and corn last year,
sending prices on those food staples to their lowest levels in years. For more of this story, Click here. |