Monsanto shares set to rise in long term-Barron's

NEW YORK Nov 29 (Reuters) - Monsanto Co's (MON.N) shares are set to rise in the long-term although the leading chemicals and biotech seed developer currently faces obstacles including tough competition from China in the herbicide business, Barron's said.

Analysts expect Monsanto's profit to fall 25 percent in 2010, but the report said they would likely recover in 2011 onward, with the help of strong growth in the company's seeds business.

It quoted Morgan Stanley analyst Vincent Andrews as saying Monsanto's core business is worth $88 a share and its pipeline of new products another $17, pegging the shares at $105.

The shares closed on Friday at $79.50. (Editing by Maureen Bavdek) ((ritsuko.ando@thomsonreuters.com; +1 646 223 6084; Reuters Messaging: ritsuko.ando.reuters.com@reuters.net))