Monsanto¹s core business is selling seeds to farmer customers. Farmers have many choices for their purchases and we have to work hard to earn their business. Consider the U.S. market for corn and soybean seed. While there is variability in the specific market share data in any given year, if you look at the trend of the corn seed Monsanto sells, our brands would be roughly one-third of the market. Among corn seed suppliers, there is one other company with a similar or larger seed share in corn and literally hundreds of other seed companies who sell corn seed to American farmers. In soybeans, Monsanto's share would be a bit less than one third of the market, making it second in the market, and like corn, there are scores of other seed companies who sell soybean seed to American farmers. Globally, while Monsanto is one of the largest commercial seed companies, what we offer is less than five percent of the world's seeds.
By: Tom Helscher, Director, Corporate Affairs, Monsanto Company on Wednesday, 9/11/2013 1:44 pm