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Monsanto Sees Big Spurts in Corn, Soybean Profits in Fiscal Second Quarter, Expects 2014 Capex Up to $1.2 Billion

Monsanto Sees Big Spurts in Corn, Soybean Profits in Fiscal Second Quarter, Expects 2014 Capex Up to $1.2 Billion

SUGAR LAND--April 3, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Agricultural technology and product leader Monsanto Company (NYSE:MON) (St. Louis, Missouri) reported improved sales volumes and profits for the second quarter of its 2014 fiscal year, as the company saw solid growth in its core businesses, particularly those in its Seeds and Genomics segment, and expanded its presence in the global corn and soybean markets. Industrial Info is tracking $452 million in projects involving Monsanto.