Monsanto Profit Forecast Trails Estimates Amid Farm Pressure

Updated on
  • Midpoint of 2017 prediction less than average analyst estimate
  • Reiterates expected timeline for completion of Bayer deal

Monsanto Co., the world’s biggest seed company, forecast a return to earnings growth in fiscal 2017, but one that trailed some analysts’ estimates as lower crop prices continue to weigh on farmer spending.

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