The document summarizes Monsanto's financial results for the first quarter of 2007. Some key points: - Net sales increased 10% to $1.539 billion compared to the first quarter of 2006. - Gross profit increased 7% to $680 million. - Net income increased 53% to $90 million. - Free cash flow decreased 17% to $533 million due to higher working capital needs. - Early orders signal a strong start towards achieving the company's 2010 trait opportunity goal of expanding corn trait acres. Triple-stacked corn traits in particular are expected to surpass single-trait hybrids for the first time.