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Monsanto is looking up again

Monsanto announced third-quarter results of $1.90 earnings per share on an as-reported basis and $1.93 on an ongoing basis, led in part by continued momentum in soybean technologies. The company remains focused on delivering on its operational plan and key business milestones, while simultaneously working with Bayer toward completion of the pending merger by the end of the calendar year.

"Our innovation leadership and commitment to our grower customers is driving our growth, and the completion of the third quarter bolsters our confidence in the full year," said Hugh Grant, Monsanto chairman and chief executive officer. "I’m very pleased with what our teams have accomplished this year, balancing meaningful progress on both delivering the business and working to close the deal with Bayer."

The full Q3 results are available here.