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Monsanto gains share in Latin America

Increased sales of Monsanto’s genetically modified insect-resistant maize in Brazil and Argentina have driven seed market share gains in both countries this year, according to the company’s executive vice-president of seeds and traits, Brett Begemann. Speaking at the BMO Capital Markets Agriculture, Protein and Fertilizer Conference in New York, US, this month, Mr Begemann revealed a one point market share gain in Argentina and a five point share gain in Brazil.

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