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Monsanto Profit Forecast Tops Estimates as Seed Sales Climb

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posted on May, 31 2012 @ 10:56 AM
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Monsanto Co. (MON) (MON), the world’s largest seed company, projected third-quarter profit that exceeded analysts’ estimates after sales rose in the U.S., Brazil and Eastern Europe. The company also boosted its full-year forecast.

Profit will be $1.57 to $1.62 a share in the three months through May, excluding costs from a legacy tax matter, St. Louis-based Monsanto said today in a statement. The forecast topped the $1.29 average of 16 estimates (MON) compiled by Bloomberg.



So why, you may ask, is this in the general conspiracies forum? Well, IMO, this is not because Monsanto is providing great products or anything like that.. Its because they use government bodies to FORCE their product onto unwanting populations, even after they ban the product!

ie: Blatant Corruption Exposed as EU Blocks France's Ban on Monsanto's GMO Maize

And then they report this in business week like its awesome, and such a good company!

Hey Monsanto, NOONE WANTS YOUR JUNK!

Thoughts?!




posted on May, 31 2012 @ 11:09 AM
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So financially investing in Monsanto stock is the way to go? Seems logical.

Does anyone have the lists of seed companies Monsanto devoured and own?

Some of the local eat coast US farmers don't know if they have Monsanto seeds or not. Some, not all, many of them are busy farming, not researching. I'd like to know the last few organic seed companies left so I can buy a good amount now before it's too late.



posted on May, 31 2012 @ 11:23 AM
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reply to post by JibbyJedi
 


Try heirloomseeds.com, seedsofchange.com or rareseeds.com.

Rareseeds.com is the site of Baker Creek, which condemns Monsanto practices, and goes the extra mile to pass out free seeds at local farmers' markets, and sponsors free seed packets for awareness campaigns.



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