Dear Friends,

This is a short message to let you know that while we're excited about the
recent announcement of Monsanto's intent to acquire Delta and Pine Land Company,
D&PL's focus remains unchanged: to develop, sell, and service cotton and soybean
seed that will continue to enhance farmers' ability to make a profit.

Once the transaction is consummated, and Monsanto and D&PL join forces, we'll be
able to continue our tradition of customer service through innovation and
leadership. The historic D&PL portion of the organization will continue to make
strides in cotton research while the Monsanto research components will continue
to identify cotton traits and genes that will further enhance our varieties.
Monsanto has the ability to take cotton research to new levels by pulling useful
research techniques and progress from their other research programs too. Our
elite germplasm base will be included in the earliest stages of research,
enabling us to get new products to market, well-tested, yet more quickly than
ever before.

As farmers' needs evolve, so must we too. The cotton industry was changed when
we partnered with Monsanto to introduce biotechnology to the market, which
helped farmers enhance revenue while reducing costs. As the pace of change in
agriculture continues to accelerate, Monsanto's acquisition of D&PL reflects our
desire to stay at the forefront of change, with the goal of providing you, our
customers and industry partners, products and services that will benefit your
businesses for years to come.

Sincerely,

Tom Jagodinski                              Randy Dismuke
President, Chief Executive Officer          Senior Vice President

D&PL is a registered trademark of Delta and Pine Land Company. (C)2006 Delta and
Pine Land Company.

In connection with Monsanto Company's ("Monsanto") proposed acquisition of Delta
and Pine Land Company ("D&PL") pursuant to the terms of an Agreement and Plan of
Merger by and among D&PL, Monsanto, and a wholly-owned subsidiary of Monsanto,
D&PL will file a proxy statement with the Securities and Exchange Commission
(the "SEC"). Investors are urged to read the proxy statement (including all
amendments and supplements to it) because it will contain important information.
Investors may obtain free copies of the proxy statement when it becomes
available, as well as other filings containing information about D&PL, without
charge, at the SEC's Internet site (www.sec.gov). These documents may also be
obtained for free from D&PL's Investor Relations web site (www.deltaandpine.com)
or by directing a request to D&PL at: Delta and Pine Land Company, Corporate
Offices, P.O. Box 157, Scott, MS 38772.

D&PL and its respective directors and executive officers and other members of
management and employees are potential participants in the solicitation of
proxies from D&PL's stockholders in respect of the proposed transaction.

Information regarding D&PL's directors and executive officers is available in
D&PL's proxy statement for its 2006 annual meeting of stockholders, filed with
the SEC on November 29, 2005. Additional information regarding the interests of
such potential participants in the proposed transaction will be included in the
proxy statement to be filed with the SEC in connection with the proposed
transaction.

This written communication contains forward-looking statements that involve
risks and uncertainties concerning Monsanto's proposed acquisition of D&PL,
D&PL's expected financial performance, as well as D&PL's strategic and
operational plans. Actual events or results may differ materially from those
described in this written communication due to a number of risks and
uncertainties. The potential risks and uncertainties include, among others, the
possibility that the transaction will not close or that the closing may be
delayed; the reaction of customers of Monsanto and D&PL to the transaction;
Monsanto's ability to successfully integrate D&PL's operations and employees;
and general economic conditions. In addition, please refer to the documents that
Monsanto and D&PL file with the SEC on Forms 10-K, 10-Q and 8-K. The filings by
each of Monsanto and D&PL identify and address other important factors that
could cause their respective financial and operational results to differ
materially from those contained in the forward-looking statements set forth in
this written communication. Monsanto and D&PL are under no duty to update any of
the forward-looking statements after the date of this press release to conform
to actual results.