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Climate Corporation

Monsanto’s Losses Widen as GMO Seed Sales Decline

Submitted by Food Democracy Now on October 6, 2013 - 8:02pm

The Associated Press:

WASHINGTON — Agricultural business giant Monsanto Co reported worse-than-expected losses for its fiscal fourth quarter on Wednesday, due to lower sales of its genetically engineered seeds.

The company forecast for fiscal 2014 also came in below Wall Street expectations, and it revealed plans to buy farming software and data firm The Climate Corporation. The combination sent shares lower in morning trading.

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