UPDATE 2-Monsanto slashing 2,600 jobs, buying back shares as sales fall

(Adds comment from Monsanto chairman, sales details) By Carey Gillam Oct 7 (Reuters) - Monsanto Co, one of the world's largest seed and agrichemical companies, said on Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market that it expects to squeeze results well into 2016. Monsanto, which also reported a much wider quarterly loss, said that along with the layoffs, its global restructuring would include "streamlining and r
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