) recently announced the launch of Weed Manager PLUS, a new mobile
application for farmers to facilitate effective weed management.
This weed management solution is the latest addition to Monsanto's
Roundup Ready PLUS Weed Management Solutions platform. The new
application launched at the Farm Progress Show is targeted to
manage tough-to-control and glyphosate-resistant weeds.
This mobile application is expected to provide recommendation
for effective weed management for crops across the country. Use of
endorsed residual herbicide products is currently rewarding for its
users as their potential incentives can be easily calculated by
Weed Manager Plus.
Moreover, it can be used as a tank mixing tool and has a
measurement conversion calculator. The new application is certainly
an innovative, decision-making tool targeted toward weed management
and can be downloaded from Google Play or the Apple App Store.
Monsanto Company is a global provider of agricultural products
for farmers. The company produces seed brands for corn, soy
and cotton. It also develops biotechnology traits that assist
farmers in controlling insects and weeds, improve drought
tolerance, and increase yields.
The company competes with peers like
The Dow Chemical Company
). We believe that the company's R&D and technology
investments, though expensive, will drive growth and position it as
a technology leader in the upcoming quarters as well.
We maintain a Neutral recommendation on Monsanto in the long
run. However, the company holds a Zacks #2 Rank, which translates
into a short-term rating of Buy. The Zacks Consensus Estimate
for the company is pegged at a loss of 44 cents for the fiscal
fourth quarter of 2012.
DOW CHEMICAL (DOW): Free Stock Analysis Report
MONSANTO CO-NEW (MON): Free Stock Analysis
SYNGENTA AG-ADR (SYT): Free Stock Analysis
To read this article on Zacks.com click here.