We have taken this small segment out of the transcript that Monsanto CEO recently had with Jeremy Redenius. We feel this is very important as it is a glimpse into the mind of the man behind Monsanto and their plans for the next few years.
May 29 2013, Hugh Grant - Chairman, President and CEO of Monsanto:
"Thank you, Jeremy. Thank you. Good morning. I’m really grateful to the Sanford Bernstein team for the invitation to come back this year. It’s a conference I look forward to and I look forward to because a focuses on strategic decisions and how those are made, and I’m going to spend a bit of time today looking our strategy and looking forward. So Monsanto is in growth mode. We see significant growth in the years ahead. We are a technology company. We are technology play and we apply a range of technologies on a range of platforms to increase yield in agriculture that’s kind of what we do everyday. Today, particularly in the last five years we are operating on more platforms, so more crops on more global markets than ever before. And we are in the midst of strong year, where we confirm that momentum this morning, and we see as we looking the end of this year, we see the opportunity for another year of 20% year-on-year growth. And even at this early point, as we wrap up the third quarter or come up at the end of third quarter, as we look into the coming year, we see the opportunity for good mid-teens growth next year as well. So we are optimistic about the growth in this segment. So today I’m going to take a little bit time and look at layers of growth and how they play out across our key crops and increasingly across our key geographies. So I will be looking forward that’s my intention and I’m as we always there is non-GAAP reconciliation in our, at the end of this presentation and also in our press release that came out this morning. So let me begin, what this, yeah, just move on the slide, yeah. Thank you. Let me begin with a snapshot of this year. We are now in the last days of Q3, so third quarter is getting close throughout up, this morning we increased guidance again to $4.50 to $4.55. So we are on track for another year of 20% year-on-year growth and the sources of that growth, if you look at this year, there is two or three key sources of growth in cotton, which is our lead platform. We see another year of record volume and we will project mid-teens sales growth in our cotton platform this year and we also saw a nice contribution in our crop protection businesses particularly in Roundup and that’s the platform is really solidifying compared to few years ago. So good growth and Roundup. If you look at the quarters and there is going to be bit of shift this year, I would expect, our third quarter will be a little bit smaller, our fourth quarter will be a little bit bigger. But the bottom line if you look at the year in its totality even certain year in the Roundup for the closing this third quarter and it’s going to be phenomenal year. And in 2014 we see the continuation of growth despite closing this year on bigger numbers. So we see the layers have been build this year playing through ’14 and through ’15, I think, that’s a good set out for the conversation today." -
Read the full mind blowing transcript. (sorry for the investment ads on their page) - http://seekingalpha.com/article/1468371-monsanto-s-ceo-presents-at-sanford-bernstein-29th-annual-strategic-decisions-conference-transcript?part=single
So Monsanto thinks it's in growth mode. They say they are having a great year. Their leading product is GMO cotton and best selling product is Roundup. So there you have it. Read the full transcript to see their full strategy plans for this year to 2015. Keep your friends close....
