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Monsanto (MON) Lowering Prices To Raise Profit
Wednesday, April 7, 2010 - 3:27pm | 196Monsanto Co. (NYSE: MON) plans to reduce prices on its newest genetically modified seeds in order get farmers using the seeds quickly and raise profits 15% per year by fiscal year 2011. Chief Executive Officer Hugh Grant said on Wednesday that weaker than expected sales of SmartStax corn seed and...