Standard & Poor's ratings on Monsanto Co. reflect a "strong" business risk profile and "modest" financial risk profile. St. Louis, Mo.-based Monsanto is a leading global producer of seeds and herbicides including Roundup, the world's top-selling herbicide brand. Key business attributes include proprietary technology in seeds and biotechnology traits, a high degree of research and development (R&D) spending (averaging about 10% of sales, but higher the past few years), and a promising product pipeline, all of which constitute high entry barriers. Moreover, we believe that long-term trends such as population growth and improving living standards and diets should promote increasing demand for seeds and traits. Monsanto provides seeds with traits such as herbicide tolerance and resistance to pests. This permits...
Companies mentioned in this report are:
- Monsanto Co.
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