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Glyphosate crash causes dip in Monsanto's growth plans - update

Continued growth in earnings from Monsanto’s seed and trait business will not be sufficient to offset a sharp downturn in gross profit from its Roundup (glyphosate) herbicide business in fiscal 2010. Overall gross profit for the year to August 31st 2010 is forecast at $6,100-6,300 million, compared with about $6,700 million in fiscal 2009. Year-end results for 2009 are due in early October.

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