Monsanto Reports Strong Earnings

Apr 03, 2014

Monsanto Co., the world’s largest seed company reported higher-than-expected quarterly earnings on Wednesday.

Profits climbed 13 per cent. The company earned $1.6 billion or $13.15 a share in the quarter. Analysis had predicted it would go to $3.07 a share.

The company’s corn and soybean business expansion put its earnings over the top.

Interestingly, the global seed giant is expanding its market opportunities in Eastern Europe and Latin America, which is helping to grow the corn segment of its business.

Monsanto predicts that corn demand will surge worldwide with population increases and the rise of the middle class.

The market’s reaction to the report was mixed. Some investors were hopping that the company would have raised its outlook. Monsanto’s shares were up 1.4 per cent in afternoon trading.

Video: Winter Service Inspections for John Deere Equipment - The FarmCast Ep64

The FarmCast, host Troy Randall speaks with Doug Luedke, Vice President of Service, and Davin Peterson, Executive Vice President of Aftermarket at 21st Century Equipment, to discuss the importance of proactive service and how it helps farmers reduce downtime during their busiest seasons. The conversation focuses on the Winter Service Inspection Program, a comprehensive approach designed to keep equipment running at peak performance and limit costly in-season breakdowns through preventative maintenance and expert technician support.

Doug and Devin explain how 21st Century Equipment’s service teams have evolved to meet the needs of today’s connected machines. With more technology and data integrated into modern equipment, technicians now play a vital role in both mechanical repairs and precision ag support. Through advanced diagnostics, machine monitoring, and John Deere’s Expert Alerts, they can identify and address potential issues before they become major problems—saving customers valuable time, money, and frustration.

Throughout the discussion, the team shares real-world success stories demonstrating how proactive inspections and customer-focused service help maximize uptime and efficiency for every operation. Whether it’s a large tractor, combine, or small mower, the goal remains the same: to provide trusted, reliable support that helps farmers and landowners stay productive and confident in their equipment year-round.