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Solid First-Quarter Earnings for Monsanto Company

For the fiscal year 2018 first quarter, net sales were nearly flat compared to the prior year’s first quarter at $2.7 billion. Gross profit for the quarter grew slightly, to $1.3 billion. More than $85 million in gains from asset sales were recorded in the first quarter, the most significant being the sale of Precision Planting to AGCO.

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