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Monsanto ahead 13% in fiscal 2011

Monsanto’s agrochemical sales rose by exactly the same proportion as its seed and trait revenues in the year ended August 31st 2011, raising overall sales by 12.8% to $11,822 million. The company reported a 12.8% rise in seed and trait sales in early October but could not provide comparable agrochemical and total sales for fiscal 2010 and 2011 because of the need to adjust figures for fiscal 2009 and 2010 in relation to customer incentive programmes for the herbicide, glyphosate, in those years ( Agrow No 626, p 3).

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