InvestorsHub Logo
Followers 22
Posts 412
Boards Moderated 1
Alias Born 04/14/2013

Re: hebercreeper post# 24766

Monday, 04/28/2014 11:29:18 PM

Monday, April 28, 2014 11:29:18 PM

Post# of 30377
Understand but there should be over supply of corn as well this year - and that is good for $PEIX. Not sure if I shared with you the quarterly report of Monsanto..but they sold a lot of corn seeds. Here's one not so old news..

"Corn, by far the company's largest segment, reported $3.4 billion sales, compared with $3.3 billion a year earlier.

The Seeds and Traits division is expected to continue driving the company's fortunes in coming years, as worldwide demand for food increases. With a finite amount of land available to farmers, the company contends that bioengineered seeds and better growing practices are critical."

http://investing.businessweek.com/research/stocks/news/article.asp?docKey=600-201404022359KRTRIB__BUSNEWS_5145_50802-1¶ms=timestamp%7C%7C04/02/2014%2011:59%20PM%20ET%7C%7Cheadline%7C%7CMonsanto%20posts%20strong%20second%20quarter%2C%20surging%20sales%20in%20corn%2C%20soybeans%20%5BSt.%20Louis%20Post-Dispatch%20%3A%3A%20%5D%7C%7CdocSource%7C%7CMcClatchy-Tribune%7C%7Cprovider%7C%7CACQUIREMEDIA%7C%7Cbridgesymbol%7C%7CUS;MON&ticker=MON
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ALTO News