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Why Monsanto (MON) Stock Is Down Today

The Street - 10 Sep 2014 19:07
NEW YORK (TheStreet) --aMonsanto was falling 1.5% to $112.71 Wednesday after OTR Global downgraded the seed producer to "negative" from "mixed." The analyst firm said that sales of Monsanto's Intacta soybeans won't meet expectations. Sales of the genetically engineered soybean are weaker than expected in Brazil and Argentina, according to OTR Global analysts. Monsanto said it is currently on pace to reach its global goal of 10 million to 12 million acres of Intacta this year, according to Bloomb...
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