<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from SEC Form 10-Q and is qualified in its entirety by referece to such financial statements. </LEGEND> <CIK> 0000902277 <NAME> Delta and Pine Land Company <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> AUG-31-1998 <PERIOD-END> MAY-31-1998 <CASH> 15,015 <SECURITIES> 0 <RECEIVABLES> 183,707 <ALLOWANCES> 0 <INVENTORY> 58,931 <CURRENT-ASSETS> 261,722 <PP&E> 92,379 <DEPRECIATION> 25,688 <TOTAL-ASSETS> 339,401 <CURRENT-LIABILITIES> 177,457 <BONDS> 56,114 <PREFERRED-MANDATORY> 0 <PREFERRED> 80 <COMMON> 3,838 <OTHER-SE> 95,654 <TOTAL-LIABILITY-AND-EQUITY> 339,401 <SALES> 126,029 <TOTAL-REVENUES> 126,029 <CGS> 86,011 <TOTAL-COSTS> 15,041 <OTHER-EXPENSES> 420 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,332 <INCOME-PRETAX> 23,225 <INCOME-TAX> 9,260 <INCOME-CONTINUING> 13,965 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,965 <EPS-PRIMARY> 0.36 <EPS-DILUTED> 0.34