Exhibit 99.2
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| | | | MONSANTO COMPANY |
| | | | 800 NORTH LINDBERGH BLVD |
| | | | ST. LOUIS, MISSOURI 63167 |
First-Quarter Fiscal Year 2004
Supplemental Data — Unaudited
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Net sales by geography* ($ in millions) | | First Quarter 2004 | | | First Quarter 2003 | | % Change | |
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North America | | $ | 550 | | | $ | 482 | | | 14 | % |
Latin America | | $ | 324 | | | $ | 210 | | | 54 | % |
Europe-Africa | | $ | 95 | | | $ | 108 | | | (12 | )% |
Asia-Pacific | | $ | 59 | | | $ | 46 | | | 28 | % |
TOTAL COMPANY | | $ | 1,028 | | | $ | 846 | | | 22 | % |
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Net trade receivables by | | As of | | | As of | | | | |
geography* | | Nov. 30, | | | Nov. 30, | | | Higher/ | |
($ in millions) | | 2003 | | | 2002 | | | (lower) | |
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United States | | $ | | 657 | | $ | | 893 | | $ | (236 | ) |
Argentina | | $ | | 252 | | $ | | 290 | | $ | (38 | ) |
Brazil | | $ | | 278 | | $ | | 199 | | $ | 79 | |
All other countries | | $ | | 399 | | $ | | 396 | | $ | 3 | |
TOTAL COMPANY | | $ | | 1,586 | | $ | | 1,778 | | $ | (192 | ) |
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Gross profit | | First Quarter | | First Quarter | | | |
($ in millions) | | 2004 | | | 2003 | | | % Change | |
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Corn seed and traits | | $ | | 120 | | $ | | 117 | | | 3 | % |
Soybean seed and traits | | $ | | 99 | | $ | | 95 | | | 4 | % |
All other crop seeds and traits | | $ | | 16 | | $ | | 3 | | | 433 | % |
Roundup and other glyphosate-based herbicides | | $ | | 156 | | $ | | 58 | | | 169 | % |
All other agricultural productivity products | | $ | | 77 | | $ | | 77 | | | 0 | % |
TOTAL COMPANY | | $ | | 468 | | $ | | 350 | | | 34 | % |
* Attributed to relevant Monsanto legal entities. For example, a sale from the United States to a customer in Latin America is reported as a U.S. export sale.
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