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Monsanto on track at half way in fiscal 2011

Higher sales of agrochemicals and seed boosted Monsanto’s revenues by 6.1% to $4,129 million in the three months ended February 28th 2011. Sales for the first six months of fiscal 2011 were up by 6.7% to $5,959 million. “Given the tempo of the year, we are where we should be and … feel very good that mid-teens earnings growth in 2011 is on track,” says Monsanto chairman, president and CEO Hugh Grant.

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