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Corn-seed sales in Brazil, Argentina and Mexico help Monsanto with record earnings

Tuesday, January 8th 2013 - 20:21 UTC
Full article 6 comments

US agricultural giant Monsanto Tuesday posted a large increase in quarterly earnings on strong results in corn seed sales in the US and Latin America and better sales of pesticides. The St Louis-based corporation said net income for the first quarter was 339 million dollars, up from 126 million a year earlier. Read full article

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  • yankeeboy

    Silly me I thought Argentina didn't want to do any business with THE USA.

    I love that we invent things take their profit while they do the grunt work for us.

    It pays to innovate

    Jan 08th, 2013 - 08:35 pm - Link - Report abuse 0
  • Pirat-Hunter

    The tax collectors both in Argentina and USA must be really happy. Let's just hope Montsanto pay their taxes this year.

    Jan 08th, 2013 - 10:26 pm - Link - Report abuse 0
  • ProRG_American

    1 yankeeboy (#)
    Whatever gave you that idea. Argentina USA business is in full swing and has been for years.
    I recall seeing a large Monsanto complex in Argentina where local scientists and Ag engineers are working with local farmers, INTA, and others to improve grain harvests. I suppose that this is the type of innovation that you are referring to.

    Jan 08th, 2013 - 11:21 pm - Link - Report abuse 0
  • yankeeboy

    Absolutely! USA technology and RG grunts. That is the way it should be and always will be.

    Jan 08th, 2013 - 11:55 pm - Link - Report abuse 0
  • Optimus_Princeps

    How else do you think KFC gets the money to support her “model”? It certainly isn't from her voting base.

    Jan 09th, 2013 - 12:29 am - Link - Report abuse 0
  • Malvinero1

    “bsolutely! USA technology and RG grunts. That is the way it should be and always will be”.
    yankee,cut the BS...Argentina has never consider USA a foe...It is an ally...Where did you get that idea from?

    Jan 09th, 2013 - 10:05 pm - Link - Report abuse 0

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