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KYLIE WRIGHT‐FORD
Director of Research
United States
GLG: Monsanto and the Growth Outlook for the Seed Industry
The USDA estimates that U.S. farmers spent $17.2 billion on seed in 2009, up 56% from $11 billion in 2006. Crop biotechnology giant Monsanto Co is positioned to benefit but has not recovered with the broader market since its dramatic 50% decline in market capitalization in 2008. Continued complexity in understanding the growth opportunity, including questions about Monsanto’s genetically modified seed patents and industry regulatory oversight, has driven investors to alternative research methods
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