Monsanto (NYSE:MON) is a massive company that is known to each and every person, at least indirectly. Its products are in our food, in our lawns, and in our homes. For those unfamiliar, Monsanto provides agricultural products, predominately for farmers, worldwide. It operates in two segments: Seeds and Genomics, and Agricultural Productivity.
The Seeds and Genomics segment produces row crop seeds, including corn, soybean, cotton, and canola seeds, principally under the DEKALB, Channel, Asgrow, and Deltapine brands, as well as vegetable seeds consisting of tomato, pepper, melon, cucumber, pumpkin, squash, beans, broccoli, and onions. It also offers lettuce seeds under the Seminis and De Ruiter brands.
This segment also develops biotechnology traits that assist farmers in controlling insects and weeds in corn, cotton, and soybean crops under the SmartStax, YieldGard, YieldGard VT Triple, VT Triple PRO, and VT Double PRO, as well as Intacta RR2 PRO, Bollgard and Bollgard II, Roundup Ready and Roundup Ready 2 Yield, and Genuity brand.
The segment licenses a range of germplasm and trait technologies to seed companies. The Agricultural Productivity segment manufactures and sells herbicides for agricultural, industrial, ornamental, turf, and residential lawn and garden applications for weed control, as well as for control of pre-emergent annual grass and small seeded broadleaf weeds in corn and other crops under the Roundup and Harness brands.