REUTERS - U.S. seeds and agrochemicals company Monsanto Co, which is being acquired by Germany's Bayer AG, reported a quarterly profit, compared with a year-ago loss, helped by higher demand for corn and soybean seeds.
Net profit attributable to Monsanto was $20 million, or 5 cents per share, in the fourth quarter ended Aug. 31, compared with a loss of $191 million, or 44 cents per share, last year.
Net sales rose 4.8 percent to $2.68 billion.
(Reporting by Karan Nagarkatti in Bengaluru and Karl Plume in Chicago; Editing by Savio D'Souza)
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