March 2 (Reuters) - Monsanto (NYSE:MON) Co MON.N , the world's largest
seed company, slashed its 2016 earnings forecast, citing a
strong dollar and pricing pressure.
The company said on Wednesday it now expects adjusted
earnings per share of $4.40-$5.10, compared with the $5.10-$5.60
it had forecast in December.
Monsanto said about 25-30 cents of the reduction in the
earnings per share outlook was due to the impact of the stronger
dollar.