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Ceres reports loss of $32.5 for FY ending August 31, 2013

| November 27, 2013

In California, Ceres reported a net loss of $32.5 million for the fiscal year ended August 31, 2013, compared to $29.4 for the fiscal year ended August 31, 2012. Ceres also reported that plantings for the 2013-2014 sorghum growing season in Brazil have commenced and are expected to continue through December. With industrial processing of Ceres’ sweet sorghum hybrids generally well established, these plantings consist primarily of smaller, multi-hybrid evaluations designed to determine yield potential, identify the best performing hybrids for specific regions and to demonstrate various crop management practices. Richard Hamilton, President and Chief Executive Officer noted that

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Category: Ventures

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