fbpx

With the large amount of Chinese Glyphosate that has flooded the North American market over the past year; Monsanto has taken a huge hit on the bottom line. In 2009 Round Up sales contributed $1.8 billion gross profit from $3.5 billion in sales (or 51% gross margin). Today it is estimated that Round Up sales will provide between $250 to $300 million dollars per year (or 8.5% gross margin).

These kinds of results seem to be the trend for the coming year based on what we have seen with Glyphosate and clodinafog (horizon) year-to-date.

This should be an interesting year to come.