The North American wheat industry faces a number of challenges today
based on legislative policy issues and changing dynamics in the world
wheat markets, according to a white paper released today by World
Perspectives, Inc. (WPI).
WPI, an agri-food consulting firm specializing in market and policy
analysis, compiled "Technology and the Future of North American Wheat,"
which details the decline in the North American wheat industry'smore...
Monsanto Company (NYSE: MON) today announced it is increasing its
first-quarter 2004 earnings per share (EPS) guidance. "We're seeing
better-than-expected performance in our Brazilian business and the
timing of our U.S. sales had a favorable effect on our earnings this
quarter," said Terry Crews, Monsanto's chief financial officer.
First-quarter EPS, on both an ongoing business basis and on a reported
basis, is expected to be bettermore...
Monsanto Chairman, President and Chief Executive Officer Hugh Grant said
today that the company is fully prepared to manage potential liabilities
that may come to it as a result of Solutia Inc.'s filing for
reorganization under Chapter 11 bankruptcy protection.
"Given our contractual obligations to Pharmacia related to Solutia, we
have been closely monitoring this situation. We are familiar with the
major areas of potential liability,more...
Monsanto Company (NYSE: MON) today announced it will issue the company's
financial results for the first- quarter of its 2004 fiscal year on
Wednesday, Jan. 7, 2004, prior to market open. In conjunction with the
announcement of its results, Monsanto will hold a conference call at 8
a.m. Central Standard Time (9 a.m. Eastern Standard Time). The call will
focus on these results and future expectations. The call may also
include a discussion ofmore...
Sterling Chemicals, Inc. (OTC: SCHI) (BULLETIN BOARD: SCHI) and Monsanto
Company (NYSE: MON) announced today that the companies have extended
existing business agreements that will restart a key production facility
in Texas City, Texas and establish Sterling as a supplier of one of the
key ingredients in the production of Roundup herbicides, Monsanto's
flagship herbicide product line.
As a result of the extension of the operating andmore...
Monsanto announced today that the European Food Safety Authority (EFSA)
has issued a favorable scientific opinion on the company's NK603 Roundup
Ready® corn. The announcement, which represents the conclusion of an
extensive food safety assessment for the widely used herbicide-tolerant
technology, signifies a key step in the European regulatory process.
"Monsanto is pleased with the EFSA's conclusion on Roundup Ready corn
Monsanto Company (NYSE: MON) today announced that its Board of Directors
has declared a quarterly dividend on its common stock of 13 cents per
share. The dividend is payable on Jan. 30, 2004, to shareowners of
record on Jan. 9, 2004.
Monsanto Company is a leading global provider of technology-based
solutions and agricultural products that improve farm productivity and
food quality. For more information on Monsanto, see: www.monsanto.commore...
Solutia Inc. (NYSE: SOI) has notified Pharmacia Corporation and Monsanto
Company (NYSE: MON) that it will not be making approximately $3 million
of payments in connection with settlements entered into earlier this
year relating to asbestos litigation in Texas.
Solutia's failure to honor its payment obligations with respect to these
litigation settlements would be a breach of its obligations under the
distribution agreement entered intomore...
Monsanto Company (NYSE: MON) today posted on its web site its
transitional year annual report for fiscal year 2003. The report is
Monsanto's first since the company changed its fiscal year-end from Dec.
31 to Aug. 31 and is available by visiting the company's web site at: www.monsanto.com
and clicking on "Investor Information."
On Dec. 12, Monsanto will begin mailing to shareowners of record as of
Dec. 1 copies of the annual report thatmore...
Monsanto Company and the National Association of Farm Broadcasters
announced today the details behind the sixth annual Commitment to
Agriculture Scholarship program.
The scholarship program is offered by Monsanto, in collaboration with
the National Association of Farm Broadcasters, and is open to high
school seniors from all 50 states. In order to be eligible for one of
the awards, the student applicant must come from farm family andmore...