More on Monsanto's (MON) FQ2: Net sales increases driven by global gains in corn and a strong...

|About: Monsanto Company (MON)|By:, SA News Editor

More on Monsanto's (MON) FQ2: Net sales increases driven by global gains in corn and a strong selling season in the U.S. R&D expenses increased to $353M based on investments to support future growth opportunities. Soybean Seed segment revenue grew 12% Y/Y, while Vegetable Seed fell off 6%. Raises full-year EPS guidance to $3.49-$3.54 and sees free cash flow of $1.6B-$1.8B for FY12. Shares +1.1% premarket. (PR)