Monsanto to Boost Corn Market Share on Argentine Crop
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Monsanto Co., the world’s largest seed company, expects to boost its market share of corn seeds in Argentina on forecasts that farmers will plant a record crop.
Monsanto, based in St. Louis, will likely take 52 percent of the market for corn seeds this year, up from 50 percent last year, Pablo Ogallar, the company’s head of marketing in Argentina, said today in an interview. An increase in the crop size from a year ago also means total sales will climb, he said.