EXHIBIT 11
                         DEKALB Genetics Corporation
                STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
                  years ended August 31, 1997, 1996 and 1995
               (Dollars in thousands except per share amounts)


PRIMARY EARNINGS PER SHARE:
                                                          1997                   1996                   1995

                                                                                         
  Average shares outstanding*                             34,250,522             32,515,743             30,981,014

  Net average additional shares outstanding
   assuming dilutive options exercised
   and proceeds used to purchase treasury
   stock at average market price*                          1,509,946              1,060,655                572,873


  Average number of common and common
   equivalent shares outstanding                          35,760,468             33,576,398             31,553,887



  Net earnings for primary earnings per share
   computation                                        $       28,781          $      17,025          $      10,758



  Primary earnings per share*                               $   0.80               $   0.51               $   0.34



*Earnings per share and all share amounts have been adjusted to reflect the two-
      for-one split of the Common
   Stock to holders of record July 25, 1997 and the three-for-one split of the
      Common Stock to holders of