3. CORN SEED
Preliminary Yield Trial Results Reinforce Yield Advantage of
DEKALB Seed in the U.S.
2008 PRELIMINARY U.S. COMPETITIVE CORN
YIELD COMPARISON: DEKALB
215
210 DEKALB
GEOGRAPHY: U.S.
(APPROXIMATE DIFFERENCES)
205
207
COMPETITORS
Grow 2 Share
2009
200
OBJECTIVE:
Points
199
195 198
2008 PERFORMANCE UPDATE
BUSHELS/ACRE
196
190 193
• In > 12,800 comparisons, 191 190 189 189
185
DEKALB out-yields
184
competitive best by 180
182
9.8 bu/acre on average 175
• On 60 percent of the
170 171
acres planted, DEKALB
165
has 8-12 bu/acre
160
advantage
155
Source: Preliminary 2008
150
Monsanto and third party
100 RM 105 RM 110 RM 115 RM
90/95 RM
head-to-head comparisons Overall
RELATIVE MATURITIES (DAYS)►
of 5 leading DEKALB
hybrids within each RM zone
COMPARISONS: >840 >2,550 >670 >4,370 >4,350 >12,800
to national competitor
products containing similar
APPROXIMATE BU/AC
crop protection traits within 2
12.4 11.4 1.0 11.0 8.4 9.8
ADVANTAGE:
RM days as of November
14, 2008. Weighted
average calculated to 15%
moisture.
3
4. CORN SEED
DEKALB Preliminary Yield Trial Results Deliver a Strong Yield
Advantage Compared With Pioneer®
2008 PRELIMINARY U.S. COMPETITIVE CORN
YIELD COMPARISON: DEKALB
215
210 DEKALB
GEOGRAPHY: U.S.
(APPROXIMATE DIFFERENCES)
205 208
PIONEER®
Grow 2 Share
2009
200
OBJECTIVE:
Points
200
199
195 198
2008 PERFORMANCE UPDATE 197
BUSHELS/ACRE
190
• In > 9,800 comparisons, 191 191
189 189
185
DEKALB out-yields
186
184
Pioneer ® leading 180
hybrids by 8.8 bu/acre on 175
average
170
• On 60 percent of the 170
165
acres planted, DEKALB
160
has 7-14 bu/acre
advantage 155
Source: Preliminary 2008
150
Monsanto and third party
100 RM 105 RM 110 RM 115 RM
90/95 RM Overall
head-to-head comparisons
RELATIVE MATURITIES (DAYS)►
of 5 leading DEKALB
hybrids within each RM
COMPARISONS: >800 >1,700 >550 >3,360 >3,425 >9,800
zone to Pioneer® products
containing similar crop
APPROXIMATE BU/AC
protection traits within 2 RM
14.3 11.0 0.1 9.6 7.2 8.8
ADVANTAGE:
days as of November 14,
2008. Weighted average,
calculated to 15% moisture.
4
5. CORN SEED
ASI Shows Greatest Gains in Maturity Zones That Cover Over
Half of All Planted Acres
PRELIMINARY 2008 U.S. COMPETITIVE CORN
YIELD COMPARISON: ASI
ASI
230
GEOGRAPHY: U.S.
(APPROXIMATE DIFFERENCES)
225
2009
COMPETITORS
Gain 1 share pt.
OBJECTIVE: 225
220
2008 PERFORMANCE UPDATE 215
216
BUSHELS/ACRE
210
• Overall, 2008 yield 213
209
205
comparisons showing 207
207 206
200
7.2 bu/ac advantage for
200
195
ASI over competitive best
190
• Greatest yield advantage 193
192
185
186
in RM 110 and 115, which 186
180
is in the heart of the
175
cornbelt
170
165
Source: Preliminary
160
2008 Monsanto internal
trials which compare the
155
5 leading ASI hybrids
within each RM zone to
150
Pioneer and NK brand
95 RM 100 RM 105 RM 110 RM 115 RM Overall
products containing RELATIVE MATURITIES (DAYS)►
similar crop protection
LOCATIONS:
traits within 3 RM days
73 79 74 96 96 418
as of November 13,
2008. Weighted APPROXIMATE BU/AC
5.7 6.1 2.2 11.3 10.0 7.2
average, calculated to
ADVANTAGE:
15% moisture.
5
6. CORN SEED
Value to Farmer Combines Yield and Harvest Moisture
Advantages
$70
MOISTURE YIELD
$64
$60
Grower Income Advantage -$/Acre
$55
$53
GEOGRAPHY: U.S. $50
2008 PERFORMANCE UPDATE
$39
$40
• On 60 percent of the
acres planted, DEKALB
has an 8-12 bu/acre
$30 $25
advantage
• With 0.6% - 2.0% harvest
$20
moisture advantage on
all acres, total value
$10
advantage for DEKALB
is $25-$65/acre
$0
100 RM 105 RM 110 RM 115 RM
90/95 RM
RELATIVE MATURITIES (DAYS)►
COMPARISONS: >840 >2,550 >670 >4,370 >4,350
APPROXIMATE BU/AC
12.4 11.4 1.0 11.0 8.4
ADVANTAGE:
HARVEST MOISTURE
.7% 2.0% 1.9% 1.1% .6%
ADVANTAGE:
1. Source – Yield data are preliminary 2008 Monsanto and third party head-to-head comparisons of 5 leading DEKALB brands within each RM Zone to national competitor products
6
containing similar crop protection traits within 2 RM as of November 14, 2008. Drying cost based on $0.06/bu per point of moisture and corn price calculated at $4.00/ bu.