monsanto 06-29-06

The document provides an overview of Monsanto's third-quarter 2006 financial results and strategic initiatives. Key points include: - Net sales for Q3 2006 were $2.348 billion, up 15% from Q3 2005, driven by growth in seeds and traits. - Net income for Q3 2006 was $334 million, up 611% from Q3 2005, due to acquisitions and increased penetration of key traits. - Monsanto is focusing on growth in traits like Roundup Ready 2 corn and developing product pipelines like drought-tolerant corn and Vistive III soybeans. - The company aims to expand seeds and traits globally and leverage acquisitions like Seminis to unlock additional value