Agriculture & Latin America = Growth for This Giant


Monsanto reported strength in its corn business in Argentina and Brazil and Mosaic’s Latin American business experienced 18% growth overall with notable results in Brazil.  DuPont is reporting that their Latin American business is “robust” and saw year over year growth of 10% in the fourth quarter.  DuPont’s crop protection business grew at 13% in the fourth quarter and its Pioneer line gained in Brazil for summer corn.  Total growth was up 18% in the fourth quarter of 2012 over the same in 2011 and DuPont foresees strong sales through the first half of 2013.  PotashCorp experienced a bright spot with strong demand from Latin America last quarter and expects continued strength in that area in 2013.


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Tags: Developing ,South America