Monsanto Benefits from Strong Agricultural Demand in 2012, Expects as Much as $1 Billion in 2013 CapEx

Monsanto Benefits from Strong Agricultural Demand in 2012, Expects as Much as $1 Billion in 2013 CapEx

SUGAR LAND--October 4, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Agricultural technology and product leader Monsanto Company (NYSE:MON) (St. Louis, Missouri) reported strong overall gains for the company's full fiscal-year 2012, despite some declines in the final quarter, as global corn seeds and traits revenue strengthened, as did soybean seeds and traits revenue in the U.S. The quarter showed a net loss of $229 million, compared with a net loss of $112 million in fiscal fourth-quarter 2011, but the full year showed a net income gain of $2.05 billion, a 27.26% increase from 2011. Industrial Info is tracking $131 million in active projects involving Monsanto, including the $35 million construction of the Blackfoot Bridge aboveground phosphate mine in Soda Springs, Idaho.

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)