Benefits of New Seed

Convenience:

• Highest quality and highest yielding product vs. bin-run
• Meets quality standards of seed company: professionally handled and rigorously tested, germination tests to ensure peace of mind, weed-free
• Reliable seed supply in many maturities
• Access to the most elite germplasm

Economics of New Seed vs. Bin-Run:

• Income lost by not selling as commodity grain (e.g. 1 bushel of bin-run seed multiplied by the price of a soybean bushel)
• Average loss of ~ 10-15% cleanout at harvest for bin-run seed
• Handling and transportation costs for bin-run (approx. $.35-$.75/bushel)
• Bin-run planting rates are generally 15% higher than new certified seed
• New seed yields an average of 1.8 bushel/acre more than bin-run (University yield trials range from 1.2-5.9 bushel/acre)

Limited Warranty Benefits

• Dealer agronomic support before and after the sale
• Risk management benefits of Roundup Rewards® (over $600 million paid to growers since.

New Innovations

• Royalties provide research and development of new traits and higher yielding germplasm
• Monsanto invests over $700 million per year on research and development
• Monsanto is 100% committed to agriculture
• New trait introductions: 7-9 years for commercialization and $50-$100 million in total costs for a new biotech trait
• Seed companies and Monsanto are committed to our customers’ success