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Monsanto sales fall on lower seed prices, strong dollar
April 6 (Reuters) - Monsanto Co, the world's largest seed company, reported a 12.8 percent fall in quarterly sales, hurt by steep discounting on its seeds and a stronger dollar.
Net income attributable to the company fell to $1.06 billion, or $2.41 per share, in the second quarter ended Feb. 29, from $1.43 billion, or $2.92 per share, a year earlier.
Total net sales of the company, which is known for its genetically engineered corn, soybeans and the Roundup herbicide, fell to $4.53 billion from $5.20 billion.
(Reporting by Arathy S Nair in Bengaluru; Editing by Shounak Dasgupta)
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