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Strong demand in Latin America for pesticides and other Dow AgroSciences products caused profit for the Indianapolis-based agricultural arm of Dow Chemical Co. Inc. to spurt 29 percent in the second quarter.
Much of the $208 million in earnings was driven by Brazilian soybean and corn growers as well as by sugar cane farmers who ramped up production to feed ethanol plants.
Dow AgroSciences also benefited from rising sales of trans-free fats purchased by Hardee’s and other restaurants for use in cooking.
Dow Chemical is headquartered in Midland, Mich.
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