Monsanto: Data science part of long-term growth

Nov 18, 2015 at 8:54 pm ST. LOUIS — Monsanto Co.’s long-term growth plans relies heavily on data science, the “glue that holds the pieces together,” Chief Executive Hugh Grant said Wednesday. The world’s largest seed company also is “very bullish” on its push into microbials, microbe-based products that it believes can help drive crop yields higher, he said. His comments at the company’s investor day gathering in St. Louis highlighted two recent moves: a partnership with enzyme maker Novozymes in 2013 and its nearly $1 billion purchase of a data science company, the Climate Corporation, in the same year. Monsanto’s stock slumped this year as core profit drivers — glyphosate and seed traits — have shown signs of strain and after the company abandoned its $45 billion bid to…

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