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Monsanto upbeat amid global financial turmoil

Monsanto has raised its gross profit forecast for 2012 on the back of strong financial results for fiscal 2008. The company is projecting a gross profit of $9,500-9,750 million, which is more than double the company’s gross profit of $4,230 million in fiscal 2007. “Across the industry, every company is dealing with historic volatility caused by uncertainty in the commodities and credit markets,” says Monsanto’s chairman, president and CEO, Hugh Grant. “But our fundamental belief is that if we focus on the things in our business that we control, and we do those things well, there is significant growth ahead for our business.”



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