Monsanto Q2 Profit Rises, But Results Miss View

Monsanto Co.(MON) reported a profit for the second-quarter that increased 6.7 percent from last year, driven by improved glyphosate pricing, as well as better pricing and increased acres from INTACTA RR2 PROTM soybeans, offset by decreased corn volumes from the combination of timing and expected lower planted acres in the U.S. It continues to expect pre-tax income growth for fiscal year 2018.

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