Aug 17 (Reuters) - Monsanto (NYSE:MON) Co MON.N :
* Sees restructuring expense of about $1.1 billion-1.2 billion for FY15-FY18 period
* Sees total expected annual savings by FY 2018 of $500 million from its restructuring and cost savings initiatives
* Monsanto sees FY16 Ag productivity gross profit at lower end of $900 million to $1.1 billion range
* Planned 2017 commercial launch in Austrialia for Bollgard 3 Source text: (http://monsanto.info/2be6W9e) Further company coverage: MON.N